Economic Position

Earlier in the year we reported that, despite the gloomy news on the economy, MTP’s programmes and forward bookings were looking good. Since then the external gloom has clearly increased but we are pleased to report that the present and forward position are both strong.

We believe that this is partly because we work with companies and managers who believe that continued investment in management training is essential to long-term success and should not be sacrificed for short-term reasons. Another factor is that we now work in a wide range of industrial sectors, most of which are resilient to global downturn. It is also a lot to do with our quality and flexibility of delivery method, with a lot of our new business coming from innovative non-classroom solutions, see examples below.

We would be interested to hear from clients and contacts about the impact of the current economic environment on spending this year.