Have you read the CBI report "Rebalancing the Economy" published 30 Dec 2011? Anyone concerned about UK Ltd should, and that should mean everyone. Get it here
Comments on The Executive Summary:
1. it blithely uses the phrase 'sustainable growth' as though just by stating it such a nirvana is achievable - there is no explanation as to what this means and how to actually achieve it - the body of the document only talks about how unsustainable everything has been recently
2. there's a typo in the second heading - does not instill confidence in the quality of the document, does it
3. it seems to contradict itself on the amount of new investment required from the private sector over the next 5 years - says £170bn one place and £115bn another place
4. three of the five trends identified to be advantageous require new exporting to developing & emerging economies - easy to say, the holy grail even, yet the Report does not lay out how to go about this
5. the other holy grail identified is Investment in the UK - now I may be naive, but any investment will expect a profitable payback, and where does that payback come from if not (eventually) government and households - the very areas that the Report says we should not rely upon, for obvious reasons
There appears to be other typographical errors, eg Exhibit 7 title should say £40bn not £42bn.
On the whole, and frustratingly, the Report is long on numerical analysis and statements of the blindingly obvious, and exceedingly short on concrete proposals and examples to achieve the aims
My comments on the exporting of what I do - interim management - are the top entry (no. 15747) in a Russams-GMS initiative here - and, no, I don't have any money to invest, I need what little I have to pay for my old age
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