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Vistage recently hosted a very successful open day at the Merchants’ Hall in Edinburgh. Gary Weston, Chairman of Group 19, introduced the speaker Roger Martin-Fagg. One of the most popular Vistage speakers, Roger’s talk was named How Does the Economy Work and What Causes a Recession? They are two big and complex questions which Roger deftly explained with wit and verve. Injecting both humour and clarity into Gross Domestic Product forecasts is not the easiest of tasks but Roger’s engaging delivery ensured that even the most complicated of economic theories was easily digestible. Perhaps the most pressing question for most of the people in attendance was ‘What stage of the recession are we in?’ Roger’s s
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One of Vistage's top speakers is Roger Martin Fagg who also provides our members with economic updates throughout the year to help our members get an understanding of the economic outlook and the impact on their business. Roger focuses on how the economy really works and on the links between FT100 reward systems, the behaviour of banks and economic instability. He also researches his clients trading environment as a necessary component of his teaching. His book ‘Making Sense of th
Recent good news on Jobs is welcome, but more pain to come?
sgilroy, Jan 11, 2010
Economy, UncategorizedYou may have seen the revelation earlier this week by the Recruitment and Employment Confederation and KPMG, in their latest Report on Jobs, that the rise in permanent placements in the UK during December was the highest for nearly two-and-a-half years. The report also said that December was the fifth successive month in which hiring of permanent employees grew and that temporary staff placements also rose during the period, to a 30-month high. So have we really turned the corner, and is UK PLC now into hiring mode again? I don’t think so. I’m as happy as anyone at the good news, but I think it’s impo
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Scottish First Minister Opens Insights £4 million Global HQ in Dundee
sgilroy, Nov 13, 2009
Featured_Gallery, Vistage Members
Vistage member Andy Lothian of Insights yesterday opened their new multi-million pound global headquarters in Dundee.
The new HQ, ‘Terra Nova’, plays a critical part in the company’s expansion plans. In a difficult global climate, this international organisation has given a firm pledge to retain its foundations and expand its future workforce in Scotland.
The First Minister Alex Salmond welcomes the firm’s decis
I read with interest reports this week that Adam Posen, the newest recruit to the Bank of England’s Monetary Policy Committee, believes that the financial system is not yet equipped to support a sustainable private-sector led recovery and this could trigger a double-dip recession.
Mr Posen’s main area for concern is the possibility of the Government reducing significantly its current level of support for economic activity before the financial system is fixed. He believes the result would be a shortage of credit for small and medium-sized non-financial enterprises – the types of business which benefit most from
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Remember that old joke about laying all the economists in the world end-to-end and them still not reaching a conclusion? Very unfair, of course. The fact that we, at Vistage UK, believe in economic forecasting is easy to see – just look at the regular predictions we issue, prepared by Roger Martin-Fagg, one of the best practitioners around. I was reminded of that old insult, however, when I read reports this week that the Ernst & Young Item Club believes the UK economy is already out of
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[caption id="attachment_230" align="alignleft" width="195" caption="Economic Update"]
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Vistage UK speaker Roger Martin-Fagg has released his October 2009 economic update for the UK, available to Vistage UK members
In the report Martin-Fagg says there's no quick, or even slow-paced recovery on the horizon. He projects a "W-shaped" recovery. In this scenario the UK will have a second leg of decline, not quite as severe as the first leg. That second leg will come as the government money t
