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Article: LEADER: Take a firm stance in the face of recession.(Editorial)
- Article from:
- Marketing Week
- Article date:
- August 20, 2009
CopyrightCOPYRIGHT 2009 Centaur Communications Limited. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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As I write this, the day's newspapers report a slide in the value of shares worldwide amid fears that the recent stock market rally has come to an end.
Elsewhere, the news agenda is dominated by various shades of gloom. Unemployment figures continue to climb and signs of a recovery are few and far between. Meanwhile, those in charge of leading us out of this mess are letting us down badly. As incompetent politicians and financial regulators seem to battle over who can provide the least strategic direction in sorting out the City and its still wanton bonus culture, the country is fighting to keep its spirits up.
Against such a dim backdrop, our cover ...