
Yirrell: Times remain tough but the good news is there too
R E L A T E D C O N T E N T
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Sara Yirrell
The financial fightback
Don’t get too excited, but two separate pieces of research last week both
pointed to signs that the channel and wider economy is holding its own.
Analyst house
Plimsoll
examined 1,000 top UK resellers and concluded that two out of five (38 per cent)
VARs are in a ‘strong’ position financially after counterattacking the
recession.
These firms are running profit margins at an average of 3.8 per cent and have
seen sales rise by three per cent.
Keeping up the positive spin,
KPMG
released figures for its annual National Business Confidence Survey, which
revealed 42 per cent of respondents, typically business leaders from a range of
UK industries, were confident about their future prospects.
Also 55 per cent of those questioned felt that the economy has bottomed out.
Of course, there is the flip side.
Plimsoll identified a number of channel players (292) in total that qualified
for ‘Caution’ and ‘Danger’ status and KPMG’s figures revealed that 54 per
cent of respondents to its survey felt the UK economic outlook was bad.
We all know times are tough and I am reminded of it on a daily basis, but
that doesn’t stop good news happening either, which is a relief.
To see any positive research at the moment is definitely a bonus and
hopefully a sign that there is light at the end of the tunnel. The only question
is how long is the tunnel?
Sara Yirrell is editor of CRN
sara.yirrell@incisivemedia.com
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