July 23, 2007
SME’s not worried on interest rates
Link: SME’s not worried on interest rates
Filed under: Business News, Economy News
by Brian Turner
A study by The Royal Bank of Scotland has found that SME's are generally unconcerned with interest rate rises, with only 1% listing it as a concern.
The survey covered 1,400 companies with a turnover of less than £1 million.
Main ...
April 10, 2007
ICT responsible for 50% of Europe’s productivity grown
Link: ICT responsible for 50% of Europe’s productivity grown
Filed under: Ecommerce News, Business News, Economy News
by Jan Harris
According to the annual report on the EU's i2010 project, ICT was responsible for almost 50% of European Union total productivity growth between 2000 and 2004, due to increased public and private investment in the sector.
The i2010 project encourages an integrated ...
December 12, 2006
UK inflation runs rampant
Link: UK inflation runs rampant
Filed under: Finance News, Business News, Economy News
by Brian Turner
UK inflation ballooned to 2.7% in November, from 2.4% the previous month.
The figures - reported by the ONS - show inflation at its highest rate for almost a decade.
The rise continues against a backdrop of repeated inflationary warnings through the year, coupled with ...
Bank penalty charges may be illegal
Link: Bank penalty charges may be illegal
Filed under: Finance News, Ecommerce News, Business News, Economy News
by Brian Turner
Penalty charges applied by banks may be illegal.
Currently, the six major UK banks generate around £4.5 billion through penalty charges.
However, under the 1999 Unfair Terms in Consumer Contracts Regulations Act, penalty charges may only cover administrative costs, and not be for profit.
At present, ...
December 4, 2006
Christmas shopping figures show downturn
Link: Christmas shopping figures show downturn
Filed under: Ecommerce News, Business News, Economy News
by Brian Turner
Christmas is coming - but retailers are reportedly feeling a pinch in overall sales compared to the same period as last year.
The British Retail Consortium has warned that Christmas may not come to the high street until the last week or two before ...
November 18, 2006
Oil prices settle on recent lows
Link: Oil prices settle on recent lows
Filed under: Finance News, Economy News
by Brian Turner
Oil prices appear to have settled to new lows after huge increases over the past 18 months.
WTI December contracts were 44 cents lower to $55.82 per barrel on Friday on the New York Mercantile Exchange
A $2.50 fall on Thursday was attributed to ...
October 2, 2006
New gas pipeline offers secured gas energy stocks for UK
Link: New gas pipeline offers secured gas energy stocks for UK
Filed under: Business News, Economy News
by Brian Turner
Recent hikes in gas prices have been a real concern for UK businesses, as part of a general rise in energy costs over the past year.
One of the key problems with UK gas supplies has been lack of supply to the UK from the ...
September 27, 2006
Report says organic listings as valuable as paid search marketing
Link: Report says organic listings as valuable as paid search marketing
Filed under: Marketing News, PPC News, Webmaster News, Search Engine News, Business News, Economy News
by Brian Turner
A study by internet marketing firm WebSideStory has found that strong natural listings on search engines are almost as effective as paid search marketing for making sales.
The company tested more than 57 million search engine queries to client sites over the first 8 ...
September 15, 2006
UK housing market powers up
Link: UK housing market powers up
Filed under: Property Market News, Economy News
by Brian Turner
Indicators show that the UK property market is powering up again, despite the recent interest rate rise.
The Department for Communities and Local Government (DCLG) (formerly known as the Office for the Deputy Prime Minister - ODPM) announced this week that house prices across ...
September 13, 2006
Economic downturn continues to threaten UK
Link: Economic downturn continues to threaten UK
Filed under: Ecommerce News, Economy News
by Brian Turner
SPECIAL REPORT
The UK economy is facing continued indicators of a slowdown, against the backdrop of a general warning on the state of the Global Economy.
Key challenges facing the UK ecnoomy are the twin evils of rising inflation and rising inflation.
Despite Tony ...
August 4, 2006
Interest rates rise on a weakening economy
Link: Interest rates rise on a weakening economy
Filed under: Employment News, Business News, Economy News
by Brian Turner
The Bank of England increased interest rates yesterday by a quarter percent, attempting to put the brakes on an economy overheating with inflation.
The move surprised many analysts, as it was expected that the Bank of England may leave any rate rise decisions until ...
July 1, 2006
Economic growth exceeds forecasts for 2006
Link: Economic growth exceeds forecasts for 2006
Filed under: Economy News
by Brian Turner
The Office for National Statistics (ONS) has reported that the UK saw ecnomic growth above expectations over the first three months of the year.
ONS said that GDP had increased by 0.7% instead of the forecasted 0.6%, mainly due to increased activity in the ...
June 14, 2006
Unemployment and inflation haunt interest rates
Link: Unemployment and inflation haunt interest rates
Filed under: Employment News, Business News, Economy News
by Brian Turner
Warnings that UK interest rates would likely rise later in the year increased, after figures revealed a surge in both unemployment and inflation figures.
Unemployment increased to 5.3% for April. Ironically, the Office for National Statistics (ONS) also showed an increase in the ...
June 7, 2006
Interest rate rise increasingly likely
Link: Interest rate rise increasingly likely
Filed under: Economy News
by Brian Turner
The Bank of England is increasingly likely to raise interest rates later this year.
The suggestion comes after a string of economic indicators showed that UK manufacturing and consumer spending continued to be healthy, while inflation continues to strengthen.
Yesterday the Engineering Employers Federation (EEF) announced ...
May 18, 2006
World economy faces inflation fears
Link: World economy faces inflation fears
Filed under: Finance News, Employment News, Business News, Economy News
by Brian Turner
The world economy is finally showing cracks in confidence, as inflation continues to threaten while consumer spending continues to be lacklustre.
Over this week, stock markets around the world have seen big falls as investors turn bearish.
These fears are being raised as US consumer ...
May 8, 2006
UK economy at downturn
Link: UK economy at downturn
Filed under: Employment News, Business News, Economy News
by Brian Turner
SPECIAL REPORT
The UK economy faces a turning point, after a decade of growth trends across various indicators.
Key areas of weakness include a housing market that is over-valued, rising unemployment, and high energy prices.
Property
It's already been a frequent point of warning in global economic reports ...
April 13, 2006
UK economy shows increasing weakness
Link: UK economy shows increasing weakness
Filed under: Business News, Economy News
by Brian Turner
Various economic indicators published this week warn that the economy shows increasing weakness.
On Tuesday the British Retail Consortium (BRC) revealed that high street sales were down 1.4% on last year.
Cold weather and the late Easter have been blamed for the fall.
Then on Wednesday, ...
March 28, 2006
Pensions protests halt Britain
Link: Pensions protests halt Britain
Filed under: Pensions News, Political News, Employment News, Economy News
by Brian Turner
Over 1 million Council Workers have gone on strike in the UK, bringing large parts of local government to a halt.
The strike is over protests to back-date new pension rules, which will prevent any council worker from retiring on a full-pension at age ...
March 27, 2006
London prices blow housing bubble bigger
Link: London prices blow housing bubble bigger
Filed under: Property Market News, Economy News
by Brian Turner
Property prices in London have started going up again, pushing overall UK lending figures up on the month.
While it has been predicted already that house prices would see a small revival early 2006, few are optimistic that house prices will do anything but ...
March 22, 2006
Gordon Brown delivers…speech
Link: Gordon Brown delivers…speech
Filed under: Pensions News, Political News, Economy News
by Brian Turner
Gordon Brown today delivered his budget speech, which for all intents and purposes was more talk than action.
Having failed their own targets for reducing child poverty, Gordon Brown went into damage limitation by announcing a round of increased funding for schools - something that's ...
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