We’ve got the glums in the UK. A poll by Ipsos Mori has shown that consumers in the UK are among the most pessimistic in the world when it comes to their country’s economic situation. The UK economy was thought to be in "a very bad state" by 34% of domestic consumers. Only the Spanish (63%) and the Japanese (41%) were more down in the mouth than this.
In the developing world, by contrast, life appears to be a bowl of cherries as everyone heads for the sunny uplands. In India, an extraordinary 85% of consumers see their country's economic situation as good. In China that figure is 77%, and in Brazil 65%. [CONTINUES]
In today's bulletin:
Growth down, inflation up - Bank of England adds to gloom
Desmond makes his intentions clear with Five management cull
Old ideas generate fresh profits for Disney
Editor's blog: Getting the UK out of the doldrums
Work life devours family dinner times