As a follow-up to last week’s budget, we take a look back to the Eighties and before, when the excellence of the economy was in a much different state.
Excellence and finance were not words to be expected to be seen in the same sentence that frequently.
Justin Urquhart Stewart is one of the best known commentators in the field of finance. Here he gives his view of how things have moved on in the last thirty years. His article is – as ever – pithy and full of areas to make you think about what planning you might do, and how the Investors in Excellence Standard could help you achieve business improvement in your organisation.
“Anyone remember inflation?
Those of a certain age may recall those dreadful days of flared trousers, kipper ties and double digit
inflation. Today speaking of such numbers just encourages a certain level of derision and disbelief from younger members of the population. Many of them of course have not really known any significant scale of inflation, and also have lived in a period of exceedingly low interest rates for a record period of time.
Some have never seen a rate rise in their working career. Thus to suggest that this ‘status quo’ might be coming to an end is greeted with astonishment.” (Learn more)