Justin is one of the most recognisable and trusted market commentators on television, radio, and in the press.
Originally trained as a lawyer, he has observed the retail market industry for 20 years whilst at Barclays Stockbrokers and developed a unique understanding of the market’s roles and benefits for the private investor.
Each week we will bring you Justin’s latest thoughts and commentry. For a taster of this week’s article please continue to read..
SINO NIPPON RATCHETING – ENDING CO-OP BANKING – AND A STRANGE JUROR – Read the full article here!
From the days of Tony Hancock, when wet Sunday afternoons were a tedium to be suffered, to sitting in traffic queues on the A303 with whining children, bank holidays and weekends can certainly have their less appealing sides. They can though also have a broader economic impact if you calculate the time wasted by such holidays and ‘downtime’.
The curmudgeons amongst us will point out just how much the economy is hurt by our lazing around on our Bank Holidays. These latter day ‘Scrooges’ tell us that the economy probably loses £2.3bn in value for every Bank Holiday, and thus if we stretch this calculation for the entire year then the cost to our economy is seemingly over £19bn covering all eight days (to put that into context we take roughly £45bn in Corporation Tax each year). The last figures I saw showed that 45% of the economy is negatively affected (with factories and offices shut) with only 15% benefiting from retail and holiday affected areas.
To find out more about the Investors in Excellence Standard or our business improvement programmes call the team on +44 (0)121 746 3150 or complete our simple online form.