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Press Release

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26 January 2010 | ELECTION UNCERTAINTY STIFLES RECOVERY, SAYS TMA (UK)

Banks and businesses risk deepening and prolonging the economic downturn by sleepwalking towards this year's General Election, according to Britain's turnaround and recovery specialists. Whoever wins the election, which has to be held by the end of May, tax increases and public spending cuts are certainties, says TMA (UK). But instead of getting busy preparing for the inevitable, both the business community and the Government seem to be putting off the vital decisions that will hasten recovery and head off long-term economic damage.

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