| Not sure where to go on this one, although I'm no financial expert.
Sure there's signs of a slow down, but is that because of the recent few years of huge consumer borrowing which people are now trying to repay (including me!), or are we saving for possible recession?
I certainly don't see it in my industry - engineering design - where we're having to turn down big contracts because there just isn't enough manpower in the country to do the work. We're also taking work AWAY from the low cost centres because our clients are able to fund the UK manhour rates. And this time of year is typically very tough in my field. |