Definitions: Lead - to direct the way ahead...... The latest from Justin A. Urquhart Stewart

Justin Urquhart Stewart 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 in corporate banking and stockbroking, and has developed a unique understanding of the market’s roles and benefits for the private investor.

Justin is a keen supporter of excellence and regularly shares his thoughts and commentry with IiE.

For a taster of Justin's latest article please continue to read.

Definitions: Lead – to direct the way ahead or, lead – a dead weight

“Inspiration” – to stimulate (a person) to activity or creativity. Surely this must be the key word for any Chancellor when presenting his Budget to the nation. Good policies, ideas and concepts are all very well, but if they are not effectively communicated to the real audience (us), then they will fail in their intention.

So for the Budget this week, it is obviously too late for any further lobbying, but it is not too late to call for it to be delivered in such a way that it can attempt to create the most important word for any economy and its Chancellor – confidence.

Let‟s be clear, it has been nearly half a decade since the financial crisis started and the economy still remains no larger than it was in 2006. We see an economy which, according to the official statistics, is seemingly flat lining - other than the odd nudge up or down. However, I would also contend that these statistics are not measuring things effectively and that there is in fact far more going on than is currently being evaluated. From start-ups to employment there are some very interesting trends, but little seems to filter through to the popular news and headlines.

The Chancellor had hoped by now that the economy fireworks would at least be fizzing on the fuse, if not actually going off. After three budgets, he was hoping for 7% growth by now, but unfortunately it‟s only 2.4%. So standing around a wet firework with a packet of damp matches doesn‟t seem to be working very well.

Time for a new firework and some new matches.

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