Stronger sterling means businesses
need to look beyond the shaky eurozone for growth, says Torrie Callander
The early weeks of 2012 have seen a marked change in sentiment
from the financial markets. They were concerned throughout last year
as global growth continued to stutter against the backdrop of a monumental
deficit crisis in the eurozone. Investors were often disappointed
by weak economic figures from the UK, US and Europe. Budget deficits
in Ireland, Portugal, Greece and Spain added fuel to the fire of uncertainty,
further amplified at the end of 2011 as Italy’s balance sheet
looked decidedly shaky.
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