It’s all doom and gloom in dear old Europe and here’s WPP’s Sir Martin Sorrell to cheer us up further (not).
Martin reckons Eastern Europe looks the best bet, what with shale oil in Poland (aren’t we supposed to have a lake of that in the UK?) and Russia just being big.
Looks like another round of agency ‘downsizing’ is in store in the New Year. There will, of course, be calls from Sorrell and others for politicians to do something to try to stoke up a bit of growth.
But didn’t he warmly endorse the UK coalition government’s ‘austerity’ plans when it came into office in 2010?
And what a prize fuck-up that’s been.