The Mail on Sunday and Microsoft have formed a rolling 90-day SME Advisory Panel with Lloyds TSB Commercial, the Federation of Small Business (FSB) and AIMS (accountants for business). Meeting last week, the panel's focus was to garner opinion on the state of the economy, focusing on the Government's Digital Britain report <http://co1piltwb.partners.extranet.microsoft.com/mcoeredir/mcoeredirect.aspx?linkId=12272612&s1=87f0afaa-993e-cd03-6e64-722429291a16> and discussing how broadband bandwidth can help shape the future of the UK and aid bounce-back of the economy.
Main points arising from the panel discussion included:
- The UK economy is set to shrink by 4.5% in this year and many are warning that hopes of economic recovery are running ahead of reality as unemployment continues to rise
- To talk of revival or even green shoots would be naive and recovery from the recession is expected to take at least three years
- Confidence is beginning to rise as people want to get on with their lives
- A digital infrastructure is the critical catalyst required for the revival
Visit the SME Advisory Panel <http://co1piltwb.partners.extranet.microsoft.com/mcoeredir/mcoeredirect.aspx?linkId=12272613&s1=87f0afaa-993e-cd03-6e64-722429291a16> website to read more on the discussion and view podcasts on engaging with customers and planning and investing for the future.
www.ukba.co.uk
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