A surprise fall in inflation has paved the way for the Bank of England to pump more stimulus into the economy as early as next month.
Category: News Wire
Daily feed of the best news affecting your small and medium sized business SME / SMB from media and websites in Britain and across the world
Spain and Italy to be bailed out in £600bn deal
European leaders are poised to announce a £600 billion deal to bail out Spain and Italy, it emerged at the G20 summit on Tuesday night.
Long-term youth unemployment grows eight-fold since 2000
The number of young people out of work for at least a year has grown eightfold in the last decade, a grim analysis shows ahead of Wednesday’s official unemployment figures.
‘Forgotten’ mid-sized firms ‘key to rebalancing’
Britain’s army of mid-sized businesses can rebalance the country’s economy – but only if entrenched “productivity problems” can be resolved, say academics.
Force firms to reveal tax bills
Companies should be forced to reveal how much tax they pay to the British government under a radical shake up of accounting rules, according to Shadow Business secretary, Chuka Umunna.
Greece poll: Pro-bailout party’s narrow win hailed
World leaders have welcomed the narrow election victory of Greece’s broadly pro-bailout New Democracy party and urged Athens to form a cabinet quickly.
Printing money: How to create a currency
European officials may not like it, but the prospect of Greece leaving the euro is a serious possibility.
Osborne unveils £140bn scheme to kick-start stagnant economy
George Osborne unveiled a £140 billion emergency scheme to try to avoid a second credit crunch caused by the ongoing chaos in the eurozone.
World Bank: Developing nations face weak growth
Developing nations should brace themselves for weak growth and “tougher times”, the World Bank has warned.
Icann reveals new internet top-level domain name claims
The full list of submissions for new internet address endings has been published by the global organisation co-ordinating the expansion.
Debt crisis bail-outs: Who gets what?
Spain’s claim that its €100bn (£80bn) bail-out was without economic conditions has caused ripples.
Lord O’Donnell: Treasury in danger of being ‘swamped’
The Treasury is in “danger of being swamped by the pressures placed on it” and should consider receiving funding from the financial services industry, the former Cabinet Secretary said last night.
UK pension performance among worst in developed world
British savers have suffered bigger losses from their workplace pensions in the last decade than virtually every other nation in the developed world, the Organisation for Economic Cooperation and Development (OECD) has said.
UK government is damaging aviation industry, warns BA boss Willie Walsh
Willie Walsh, one of the most influential figures in aviation, has accused the Government of doing all it can to damage air travel.
London set for mobile coverage on Underground trains
Passengers on the London Underground will soon be able to make mobile phone calls and access email for the first time.
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