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Official figures out on 26th January expected to show we are out of recession!

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Billy Boston

Billy Boston( 40s, Female, United Kingdom )

The Chancellor says that he expects official figures out on 26 January to show that the economy grew in the fourth quarter of 2009, and we are officially out of recession! I am cautious about these things, but is it just me or are there encouraging signs in the venues & events industry that things are a little more positive?Are we right to be optimistic? It will be interesting to see what people our saying at Confex next month. I would be interested to hear other people's experiences.

January 2010

1 reply to “Official figures out on 26th January expected to show we are out of…”

Denise C.

Denise C.( 30s, Female, United Kingdom )

There are a lot of reports that ‘the worst is over’ but probably best not to start quaffing the magnums of champagne just yet…

I work in an events team in a fairly large corporate institution where the number of events we are holding are still way down on previous years, not to mention the fact they've cut our events team in half!

Maybe things are different for events in the non-corporate/non-financial world, but the problem is that no one wants to be seen to be holding events, especially not large ones. This is really frustrating if you're in a company that is performing really well, and wants to hold these events & take clients to hospitality etc. For companies like ours, the fear of getting damaging PR is deemed too great.

Don't get me wrong, the city is bubbling and there are lots of encouraging signs which filter directly down to us and the events that we hold…

Here's hoping things will get better in 2010 – it's beginning to look that way!
D

January 2010

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