The CE of NSG Group sees a bleak global economic outlook for another 2y. Stuart Chambers called on business leaders to "look to the future" during the current economic uncertainties after receiving the CBI's NW Business Leader of the Year award. He said NSG, which has a workforce of 30,000 in 30 countries, is expecting to see profits fall in 2008. The company, which makes & supplies glass for buildings & vehicles, has been hit by the global slump in car sales & construction projects. He said: "It's my personal view that we will have another 2y before the economic situation starts to recover, & in the meantime, the UK is in for a hard time. I believe that it will take this length of time for initiatives being taken by the government to work through." He added it is imperative that companies do not lose touch with their roots as they look for future growth.
