BIRMINGHAM, ENGLAND, February 20, 2013
/24-7PressRelease/ --
Strategic Five Marketing has experienced steady growth though the recession and agrees 2013 is the year that will see many UK businesses make a comeback.
The business group is forecasting GDP growth of 1 per cent in 2013. Quarter-on-quarter growth is expected to be marginally positive (0.3 per cent) in the first quarter of the year, and stay between 0.3-0.4 per cent for the rest of 2013.
Next year, the CBI is expecting growth of 2 per cent, unchanged from its November forecast, with quarter-on-quarter growth expected to be modest at around 0.5-0.6 per cent.
Strategic Five Marketing points out these positive statistics not only assist with raising the morale of business owners but also show that the public and government feel more confident about the British economy.
CBI director-general John Cridland says that the UK is beginning to see the return of organic growth, with clear signs that firms offering the right products into the right markets are growing and expanding. He adds, "Recent business surveys also give grounds for cautious optimism about our forward prospects. Looking ahead, external risks to the outlook in the Eurozone and further afield are likely to keep growth at home and abroad in check.
"The potential for Eurozone tensions to flare up again, coupled with tough conditions in the domestic market; explain why business confidence remains patchy. After the uncertainties of 2012, the fear of external storm clouds lingers."
The CBI is forecasting that inflation will edge higher until mid-2013, but will fall back in the second half of the year, and will be close to the Bank of England's 2 per cent target throughout 2014.
"This is all progress," claims Ben Lambert, Managing Director of
Strategic Five Marketing. "British businesses have been stagnant for a long time, 2013 is a year for change - I am confident we will finally edge our way out of the recession."
Strategic Five Marketing is a Birmingham-based outsourced sales company who opened for business in the middle of the worst recession in recent history. The firm's Managing Director refused to allow the economic conditions crush his dream of owning a business and taking control of his career. The firm has managed to grow slowly and steadily to date and forecast 2013 to be their biggest year to date.
http://www.strategicfivemarketing.co.uk/---
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