Eintervene early. That this is the correct way to go when you discover a problem shouldn’t need to be explained. Except in Britain, where the culture is supposed to leave it at that. And then leave it there until the alarm bells ring and a crisis occurs.
This brings us to some surveys of companies that were released over the weekend. They suggest that while things are fine at the moment, there may be a cold on the way that could easily turn into something worse.
The first poll comes courtesy of CBI. The division’s growth indicator consists of data on production, turnover and business volume, which originate from three other surveys. It shows steady growth at +19 percent in the three months to April versus +18 percent in the three months to March.