Editor's letter.

PositionUK business climate in 2000 - Brief Article - Editorial

2000 was a funny old year. What started out with a bang (and intense competition over which country could stage the best Millennium bash), soon turned to a whimper as the critics started to pick holes in Labour policies, and the Millennium Dome taught us all some tough lessons about financial management.

Floods and train crashes, meanwhile, brought safety issues to the fore -- and much of the UK to a standstill. In the US, the election failed spectacularly to determine the next US president. All this uncertainty did nothing for the world's stock markets and, with high-tech funds already encountering problems, dotcoms started to run out of cash.

But if all this sounds rather gloomy, 2000 also saw some great strides forward. Some dotcoms flourished despite nervous investors, proving that a sound business proposition and the ability to add real value will always impress customers, no matter what the business. Rover managed to escape what seemed like certain disaster and, while it is certainly not out of the woods yet, it has at least cleared a path.

But hopes of achieving a global approach to environmental issues were dashed when politicians at the climate change summit in the Hague failed to arrive at any conclusions. At best this will result in a delay and at worst it could mean a complete change of policy. Fortunately, while politicians fail to tackle green issues, businesses are more pragmatic (page 14)...

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