There was good news yesterday of continuing rises in UK employment figures, falls in unemployment figures, and also growth in average earnings for employees. Coupled with the low inflation currently, caused by oil and food prices, there is a benign feel to the UK economic environment just at the moment. But the underlying picture and the risk environment still remains difficult to call. There are continued risks of collateral damage from the Eurozone issues, particularly with the Greece negotiations, and then the wider geo-political position with the Ukraine and the Middle East in various forms of melt-down could have really major medium to long term implications. Who knows how this is all going to play out in our elections in May. There is a sense that we should try to make the most of the current situation while we can.