The latest economic forecast for Britain’s economy suggests the green shoots have wilted but trade in the humble cocoa bean is flourishing.
High-end bespoke chocolate sales have skyrocketed according to chocolatiers who gathered at the UK’s first Chocolate Show yesterday.
Companies like Sir Hans Sloane, whose customers include the King of Spain, have reported profit increases by 30% while start up companies are expanding after only a year in operation.
Point about people buying quality raw ingredients and using it to cook homemade gourmet desserts.
LINKING SENTENCE
The reason behind the boom is in the mood-enhancing properties and consumer desire for the “warm hug” that the rush of endorphins give consumers, says Hans Sloane chocolatier Bill McCarrick.
A bar of luxury chocolate at Hans Sloane can fetch £2.50 but punters are happy to part with their cash.
Emma and Lydia, from Bromley spent £14 at the Lauden Chocolate stand, Emma said: “I always love to try different kinds of chocolate, this particular one gets passion fruit as its ingredients."
Lydia then added: “The recession does not affect our desire to buy chocolate. It is healthy with no artificial colourings and flavours in it."
At a time when competition is fierce and companies face economic ruin there is a strong collegiate approach among the bespoke chocolate makers.
Businesses refer customers to their competitors if they feel the customer’s requirements would be better served there.
The reasons behind the conviviality are not entirely altruistic: they are united by the desire to edge out foreign companies and promote local business.
Markets correspondent @SNL Financial (in Hong Kong), covering Australasia metals & Mining. Ex-Thomson Reuters financial regulatory journalist (in Hong Kong). ex-Euromoney financial & legal writer (in London). Twitter: https://twitter.com/YixiangZeng
Showing posts with label economic downturn. Show all posts
Showing posts with label economic downturn. Show all posts
Sunday, 25 October 2009
Sunday, 12 October 2008
Ideology revolution after Western financial crisis?
Various media outlets around the globe, such as newspapers, Internet, radios are expressing far-east citizens' concerns about the current financial crisis, which might cause the newly ideological transformation in our 21st century.
After world depression
During the inter-war period in 1930s, the financial depression and economic downturn severely led the occurence of extremist ideological movement, such Fascism, Nazism, and communism, all of these kinds of ideologies flourished into the different continents.
End of US age?
Today, cities such as Washington, London suffered the huge loss due to it's financial crisis, and does it mean the market economy truly can regulate itself? As the westerner always said for years of its advantage.
It's undoubtedly that many people would argue that the western economic policymakers should adjust its own policy in order to hinder such turmoil, and does the US financial crisis wil signal "the end of US age"?
It seems impossible to deny that China with its anthoritarian capitalism has succeeded in competing with the US's market capitalism.
Blaming of Bush administration
Bush administration and its military staff should be taking the main responsibility for current economic downturn and political setbacks on the world stage, according to an Syrian, countries, especially the major ones, which supported the Bush administration in its wars and policies also bear great responsibilty.
After world depression
During the inter-war period in 1930s, the financial depression and economic downturn severely led the occurence of extremist ideological movement, such Fascism, Nazism, and communism, all of these kinds of ideologies flourished into the different continents.
End of US age?
Today, cities such as Washington, London suffered the huge loss due to it's financial crisis, and does it mean the market economy truly can regulate itself? As the westerner always said for years of its advantage.
It's undoubtedly that many people would argue that the western economic policymakers should adjust its own policy in order to hinder such turmoil, and does the US financial crisis wil signal "the end of US age"?
It seems impossible to deny that China with its anthoritarian capitalism has succeeded in competing with the US's market capitalism.
Blaming of Bush administration
Bush administration and its military staff should be taking the main responsibility for current economic downturn and political setbacks on the world stage, according to an Syrian, countries, especially the major ones, which supported the Bush administration in its wars and policies also bear great responsibilty.
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