Employment Levels


No Sacred Cows in Pre-Budget Report Please - British Chambers of Commerce (BCC) Economic Forecast - December 2009

British Chambers of Commerce (BCC) Economic Forecast - December 2009
Ahead of the Chancellor’s Pre-Budget Report, the British Chambers of Commerce (BCC) has today published its latest Economic Forecast. The business group, which calls itself “the National Voice of Local Business”, has made downward revisions to its GDP expectations for 2009 and 2010, but is more [...]

Corus Steel Plant Mothballed in Northeast England

An international consortium’s breaking of a binding contract has led Corus, Europe’s second largest steel producer, to partially implement the proposal announced in May 2009 of mothballing some of the facilities belonging to the Teesside Cast Products (TCP) business in northeast England.
TCP’s Redcar Blast Furnace, Lackenby steelmaking and the South Bank Coke Ovens will be [...]

GBP 40 Million Backing for Technology and Careers in Manufacturing

Ministers gave further backing for British manufacturing excellence today with Business Minister Pat McFadden announcing an increase of Government funding to £40 million for a new manufacturing technology centre (MTC).
Since the Manufacturing Strategy was published in 2008, Government has set out a new activist approach to supporting the economy. The transition to low carbon and [...]

Export Credits Guarantee Department helps deliver the goods for Cleveland mine

All 1,000 workers at a potash mine in the North York Moors National Park will be working hard this autumn, after Export Credits Guarantee Department (ECGD) and UK Trade &Investment (UKTI) joined forces to help their company secure a major export order.
Cleveland Potash Ltd (CPL) feared it may have to make some tough cost-cutting choices [...]

Up to 5.2 Million Hours Wasted By London Commuters Due To Tube Strike

London workers spent an additional 1.3m hours getting to work on the morning of Wednesday 10th June alone due to travel disruptions caused by the Tube Strike, equivalent to 188,000 lost working days. A survey of 1,000 Londoners, commissioned by Citrix Online, found that 33% of London-based employees were disrupted by the strike by London [...]

Ten years of the national minimum wage

1 April 2009 marks the tenth anniversary of a National Minimum Wage in the UK. The Low Pay Commission was established in 1997 and proposed the structure and rate for the National Minimum Wage, which was implemented on 1 April 1999. Since then, the Low Pay Commission has produced seven more reports, recommending successive increases [...]

IPO review looks to reduce trademark and patent costs for businesses

The cost of trademark fees and services could be reduced following a new review The Intellectual Property Office (IPO) announced today (March 9). This will be done with a public consultation.
Reduced fee packages and new support services could mean business save up to £700,000 per year. The aim is to help businesses register trademarks more [...]

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  • WBNews: Future bank bailouts? 02 Sep 10 September 2, 2010
    The head of the US Federal Reserve, Ben Bernanke says banks must never again be allowed to become "too big to fail". Appearing before a US Congressional inquiry Mr Bernanke said new financial reforms would make government bailouts less likely in future. However, Doug Elliott, of the Brookings Institution think tank says there will always be times w […]

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  • InBiz: Hidden Depths: 02 Sept 10 September 2, 2010
    London-born Graham Hawkes is the man who has created a submersible vessel that flies through the deepest ocean like a plane. Peter Day reports from his workshop in California, where he wonders why space exploration makes decades of headlines while it is so hard to get backers for deep sea travel into a world no-one has ever seen. Producer: Sandra Kanthal E […]
  • GlobalBiz: Developing the Developing World : 31 Aug 10 August 31, 2010
    Peter Day brings together senior staff working in development agencies that have engaged, or attempted to engage, directly with social entrepreneurs working in emerging markets. He asks to what degree have these respective agencies facilitated the work of innovative social change agents working directly with the poor? And what can be done to enhance the imp […]

RSS Money Box

  • MoneyBox: Bank merger IT 28 Aug 10 August 28, 2010
    Former Alliance and Leicester customers experience problems as their accounts transfer to Santander's IT system. Plus: websites charging for free services and taking out money abroad.