Can We Afford To Let Our Guard Down This Summer?

At this time of year, I generally take the chance to bid a none-too-fond farewell to a cold, wet winter, acknowledge the promise of spring, and start to consider the prospect of the long, lazy summer that is lying just around the corner. And – for almost ten years now – I have done my best to search out any green shoots of financial recovery that must surely be on their way.

I remember being a young trainee in the City some thirty years ago. In those days my stock broking chums always counselled me to "sell in May and go away". In today's "24/7/365" economy – I am reliably informed that's shorthand for 24 hours a day, 7 days a week, 365 days a year – that is no longer possible but, when I first arrived in Gibraltar, the concept of summer hours brought back memories of those halcyon days.