BBC Spending review and economic forecasts featuring NRS Accountants

Interview held on 3rd September 2010. BBC Hereford & Worcester visited Top Barn Business centre and took the time to get some information relating to local business and specifically our thoughts on the licensed trade

We started the interview by explaining how much the

Licensed Trade has been hit over the years by

different problems. Ranging from the smoking ban and

increases in duty.

There is always seemingly something around the corner

that seems to hit our Licensed Trade clients yet they

remain committed and work harder than ever to keep their

businesses alive.

We talked in detail about the margins being hit making operation and wages costs being

tougher than ever to manage.

Our clients are good at what they do, they rely on Licensed Trade Accountants and other

Licensed Trade Specialists to give them the best advice when it matters most.

We also talked about local business in Worcestershire and highlighted the fact that

through our staff that teach

at Worcester College of Technology it is clear that there are fewer an fewer people

training at this moment in time, largely due to cuts in government funding and rising

course costs.

If you want to look at a picture of economic forecast, if there are fewer  people

coming into law and accountancy, fewer people training, fewer people in  those jobs in

the future, I think that's where the hit is going to come.

If at any time we are concentrating efforts on 'looking at the next problem in the economy'

we lose sight of the fact that  we should rejoice as things get better.