Economic environment

Economic environment

Economic environment
Economic environment

On the economic front, Lea (2018) shows that there are low inflation rates and disposable income in the UK is high. Since EcoForest Leisure offers premium services, the customers are inclined to spend on their wellness and well-being, especially in luxurious settings. Apart from this, the interest rates are relatively low in the UK; hence, cheaper financing business is possible. However, Chang (2018) shows that the current uncertainty over BREXIT has adversely impacted businesses, especially those dependent on services and products from the European Union. For Eco Forest, this uncertainty may impact on the company’s hiring of employees, especially non-UK citizens.

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