Wednesday 1 April 2009

Glad to be out of London

Phone calls from friends in London say the place is under a tight security blanket - particularly the financial district. Travelling in London is bad at the best of times but with a strong police presence for tomorrows G20 meeting getting around is taking even longer. Am glad to be out of it. Hope that the leaders can get their act together to agree something but French President Sarkozy's announcement that he will walk out if he doesn't get what he wants doesn't make me optimistic. This reflection on the world economy is occasioned by articles in this mornings local paper saying that hotels and B&B's in Umbria have had very poor bookings for the upcoming Easter holidays from Brits and Americans.They are hoping that there will be a last minute rush of bookings. Feel like telling them not to hold their breath.

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