Tony Mitchell

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Coventry is Still Optimistic

1st October 2008 09:27

I spend a lot of my time speaking to other professionals and business owners in and around Coventry and Warwickshire and as you might expect, the main talking point is the state of the world economy.

The first thing that people say to me, being an Insolvency Practitioner, is “I bet you’re busy?”. I would be lying if I said that I was not. Since the August bank holiday week, I have been receiving more and more telephone calls from my contacts wanting advice either directly or for one of their clients or customers. Is it the case, therefore, to use the words of Private Frazer in BBC’s sitcom Dad’s Army, “We’re doomed, I tell ye!”?

Well not necessarily. This morning, I was at the Coventry Belgrade Theatre for their second annual networking breakfast, hearing about the exciting year ahead for the Theatre and the many and varied productions it has planned for the next twelve months. The mood in the room was one of concern but not pessimism. Yes it is tough and yes money is not so freely available but deals are being done and the wheels of business and commerce continue to turn.

It is still a wonder to me how someone not being able to pay their mortgage on a trailer park in mid state America can affect the whole world economy but that seems to be the case. Let us hope that America can get its house in order to allow the rest of the world business community to move on. In the words of Winston Churchill “The Americans will always do the right thing…..after they’ve exhausted all the alternatives”.

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