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In Good Health?
Next quarter, 51% of respondents expect to expand while 12% expect to decline.
Surveys managed by The University of Nottingham Institute for Enterprise and Innovation (UNIEI) have addressed what business people and advisers feel about the health of the economy and recovery from recession.

OFFICIAL STATISTICS declare that the longest and deepest post-war UK recession is now over, but figures from the Office of National Statistics showed that — at 0.1 per cent growth — this halt in economic decline was by the narrowest of margins.

The balance of growth among UK Business Barometer (UKBB) respondents over the last quarter changed from negative four per cent in the UKBB survey, commencing July 2009, to positive 10 per cent in the survey which opened for responses in October — the first positive balance since July 2008.

36 per cent of respondents reported their business as having expended in the period July to October
Some 36 per cent of respondents reported their business as having expended in the period July to October: 15 per cent of respondents expanding by more than five per cent, while 14 per cent declined by more than five per cent.

For expected next quarter growth, the balance is even more strongly positive than in July, with 51 per cent expecting to expand while 12 per cent expect to decline. The balance is a positive 39 per cent, compared to +23 per cent in July.

When asked if the recession had found them seeking professional advice more often, 67 per cent of participants said not, 19 per cent do not use professional business advice anyway and only 14 per cent have relied on professional business advice more heavily during this period.

More information, including results and analyses, can be found at: www.ukbb.ac

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Applications open for MMI research grants

News Story 1
 RCVS' Mind Matters Initiative (MMI) has launched round two of its veterinary mental health research grants.

Researchers have until 11.59pm on Wednesday, 28 May 2025 to apply for a grant for research which reflects MMI's 2025 focus areas.

Only one Impact Grant was awarded last year, and so this year there are two Discovery Grants and one Impact Grants available. Each Discovery Grant is worth £5,000 and the Impact Grant is worth £15,000.

For more information or to apply, email researchgrants@rcvs.org.uk to contact the MMI team.

 

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News Shorts
BBC Radio 4 documentary addresses corporate fees

BBC Radio 4's File on 4 Investigates has released a documentary exploring how corporate-owned veterinary practices may be inflating bills to increase profit.

Released on 15 April, 'What's Happening To Your Vet Bills?' revealed the policies which many corporate groups have in place to increase their profits. This included targets and upgrades which veterinary teams are tasked with meeting on a regular basis.

It also features Anrich Vets, an independently-owned practice based in Wigan. Following the case of Staffordshire terrier Benjy, who is diagnosed with a tumour, the documentary shares how the team were able to offer contextualised care and advice to make the procedure as affordable as possible for his owners.

The documentary can be heard on demand on BBC iPlayer.