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Credit Management March 2020

The CICM magazine for consumer and commercial credit professionals

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VIEW FROM THE SEA FRONT<br />

Spanish Fly<br />

Despite some EU gloating, it appears that we are<br />

perhaps not going to hell in a handcart.<br />

PLAYING tennis against an<br />

Argentinian guy the other<br />

day, I was on the receiving<br />

end of a particularly<br />

vicious forehand drive.<br />

HA! shouted my glowering<br />

opponent. ‘Put that in your out-of-the-EU<br />

pipe and smoke it!!’.<br />

Commendable English I thought, even<br />

as my shoulders began to droop in the<br />

face of my impending defeat. Masterly<br />

command of the colloquial idiom. Dix<br />

points, whatever that it is in Spanish.<br />

Beaming across the net as we shook<br />

hands following the inevitable stuffing,<br />

my opponent, George, a 40-something<br />

property developer, followed through<br />

with the chop to the back of the knee:<br />

‘So, that was for the Falklands…and now<br />

once again your little island is fighting<br />

on its own – how does it feel,’ he added,<br />

breaking into the well-known Dylan tune,<br />

‘to be don your owwww-nnnnnnnnn, no<br />

direction hoo-oooomeee.’<br />

George, who you by now will have<br />

gathered is not just fiercely accomplished<br />

in tennis combat, but a multi linguist<br />

with a facility for crafty humour that we<br />

Brits appear to have left behind around<br />

three years ago. I like George. He’s a very<br />

successful business guy, pragmatic and<br />

with the kind of international perspective<br />

that comes easy to the highly educated<br />

progeny of ‘good’ south American<br />

families. I can forgive him for being an<br />

annoyingly good tennis player. He is also<br />

good looking. The swine.<br />

Whenever I travel abroad – fairly<br />

frequently – I’m aware of the UK being<br />

something of a cause for mirth. It’s a<br />

now familiar refrain. Why are you so<br />

fragmented? Why do you lot loathe each<br />

other so much? What happened to your<br />

legendary sense of national unity, the<br />

bulldog spirit? You know the kind of thing.<br />

Deep societal fissures are not unique<br />

to the UK of course. Ideologies have<br />

fractured societies for centuries. Think of<br />

East and West Germany, only reconciled<br />

in 1989, of north and south Korea, of Hong<br />

Kong and the Chinese mainland, of Greek<br />

and Turkish Cypriots…the list is long<br />

and all carry stories of dreadful anguish<br />

and familial horrors. But let’s look at the<br />

positives.<br />

A few months into <strong>2020</strong>, as the first<br />

shoots of spring begin to appear, there<br />

now appear to be several indicators that<br />

we are not after all going to go to Hell in a<br />

handcart. Our economy is strengthening,<br />

the UK property market is showing real<br />

signs of a much-needed resurgence,<br />

and we have nigh on full employment.<br />

It just needs our train system to work,<br />

and things could be genuinely rosy once<br />

again, perhaps not pre-crash levels this<br />

year, but by 2021, I for one would not bet<br />

against it.<br />

New long-term infrastructural projects<br />

are being planned, with the promise of<br />

enormous investment, both domestically<br />

and overseas. We may have been<br />

something of a voyeuristic basket case<br />

to our European neighbours in recent<br />

years, but you know what – things are<br />

looking pretty good.<br />

LITTLE BRITAIN<br />

On a recent trip to the Costa del Sol –<br />

or Costa Del Boy Crime as the local ex<br />

pat wags call it – there is a distinctly<br />

upbeat mood following several years of<br />

wondering whether to get the heck out of<br />

Dodge.<br />

Enjoying his morning pint (yes, it<br />

was just 9:00 local time, but ‘the rules<br />

don’t apply out here, Dave, know wot I<br />

Advancing the credit profession / www.cicm.com / <strong>March</strong> <strong>2020</strong> / PAGE 28

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