Business News
Recession is deeper than originally estimated
According to the latest official data, the UK economy contracted 2.4 per cent in the first quarter of 2009, its biggest quarterly decline in 51 years.
The data was far worse than the estimate of a 1.9 per cent fall… Read the rest
Google Voice – Coming to a phone near you
By Claire West
Currently available by invitation only [b]Google Voice[/b] is a service that gives you one number for all your phones, voicemail that is easy as email, enhanced calling features like call blocking and screening, voicemail transcripts, call conferencing,… Read the rest
Businesses still face real difficulties accessing finance according to British Chambers of Commerce
By Claire West
Most businesses agree with the recent sentiments expressed by the [b]Bank of England Governor[/b], Mervyn King, over the need for a clearer plan outlining how the public finances will be improved.
In the latest [b]British Chambers of… Read the rest
Government Aims For £1 Billion Venture Capital Fund To Invest In The Businesses Of The Future
By Claire West
The [b]Prime Minister[/b] has today announced the creation of the [b]UK Innovation Investment Fund[/b] to invest in technology-based businesses with high growth potential. The new fund will focus on investing in growing small businesses, start-ups and spin-outs,… Read the rest
Three Wishes For Bank Recovery
By Claire West
Changes to [b]banking regulation[/b] and supervision need to fit together if London is to remain the hub for international banking, [b]British Bankers’ Association[/b] chief executive Angela Knight warned an international audience at the Mansion House.
She said… Read the rest
Building Britain’s Future Growth, Jobs And Better Public Services
By Lea Pachta
The Prime Minister has today published a plan for [b]Building Britain’s Future[/b].
It is a radical vision for a [b]fairer, stronger and more prosperous society[/b]. [b]Public service[/b] entitlements will for the first time be guaranteed to… Read the rest
UK economy sees 2.4% contraction
The UK economy contracted 2.4% in the first quarter of 2009, its biggest decline in 51 years, the latest data shows.
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House prices ‘rose 0.9% in June’
UK house prices increased by 0.9% in June, according to the latest survey from the Nationwide building society.
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Fraudster Madoff gets 150 years
Bernard Madoff has been given the maximum sentence of 150 years for a fraud that robbed investors of $65bn (£40bn).
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