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(From Yorkshire Post)
Byline: Lizzie Murphy
George Buckley, chairman, president and chief executive officer of 3M, which is based in the United States, said that while he expected the economy to bottom out later this year, it would be 2011 before it saw the same level of activity experienced in 2007.The Sheffield-born businessman told the Yorkshire Post: "During a recession people always think the good times will never come again but there is no reason why they won't return."The last boom was about property and financial services, the previous boom was about the Internet. It may be a something else that brings the boom back but it's a case of when not if."Two of the biggest mistakes made by businesses are adding too much fat when times are good and cutting back …