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 Barclay’s 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 commentary.
For a taster of this week’s article please continue to read…
When Little is Large
Despite the best efforts of some of our media, the ability for that hardy legion, the smaller to medium sized UK businesses, to retain its poise has been remarkable. Despite the predictions of gloom, these smaller companies have in regular surveys continued to show a level of confidence that should have been a beacon to us all. However, as many public commentators prefer to look on the dark side, such reports and views seem rarely to be highlighted, let alone covered.
The latest figures would indicate that these companies will be looking to increase not just capital expenditure but employment as well – surely one of the most positive noises heard this year. According to GE Capital’s latest survey, they claim that these UK little wonders are planning to spend over £50bn on capital expenditure over the next twelve months – or to put it another way, that is more than the government gets by way of corporation tax and more than we spend on the entire defence budget. This, by the way, is a rise of some 40% over the previous year and would average out around £51,000 of spending by each company.
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