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Government and business press for prompt payment


By Daniel Hunter The Government and industry is calling on businesses and public organisations to pay suppliers on time and for small firms to pursue those who put them at risk by delaying. Business Minister Mark Prisk announced a new working group of business representatives would examine issues behind late payment, while... read more


Manufacturing summit to champion growth


By Daniel Hunter The Government will join top manufacturers this month to celebrate the best of British manufacturing and explore ways the sector can support growth for the UK economy. The Manufacturing Summit will be hosted by Business Secretary Vince Cable and Business Minister Mark Prisk with a range of other Ministers... read more


Construction industry optimistic for 2012 as growth eases


By Maximilian Clarke A slight easing of the pace of growth has done little to dampen UK construction firmsí spirits, whose confidence has climbed to an 8-month high. And despite a slight slowdown from the end of 2011 coupled with employment stagnation, construction companies are overwhelming optimistic about 2012, the monthly Markit/... read more


UK manufacturing sector starts 2012 on the front foot


By Marcus Leach If today's (Wednesday) manufacturing data is a sign of things to come in 2012 then we needn't fear a double-dip recession, despite what the doom and gloom mongers will have you believe. Whilst we as a country may not be in as rude health as we might wish to... read more


UK export growth slows on strong pound, weak eurozone


By Maximilian Clarke A strong pound and continued eurozone uncertainty have led to a slowdown in the UKís export growth, figures from DHL and the British Chambers of Commerce shows. The third DHL/BCC Trade Confidence Index, a measure of the UKís exporting health, reveals that growth among UK exporters slowed during the... read more


Salary guide points to an oil and gas industry defying the economic gloom


By Marcus Leach UK oil and gas industry professionals are enjoying competitive wages according to The Oil and Gas Global Salary Guide 2012, which is based on data from over 14,000 respondents. The Guide, produced by Hays Oil & Gas and leading jobsite Oil and Gas Job Search, shows that full time... read more


Water and sewerage bills to rise 5.7% in 2012


By Marcus Leach The average household water and sewerage bill in England and Wales is forecast to increase by 5.7%, or about £20. This takes into account a rate of inflation of 5.2%, and will mean an average bill of £376 in 2012/13. In 2009 Ofwat made its decision on how much... read more


UK steel output eroded by eurozone uncertainty


By Maximilian Clarke UK steel output in 2011 ended the year just 0.8% higher than in 2010 as the eurozone crisis and economic uncertainty in the second half of the year badly affected demand as customers ran down stocks. However, steel demand is forecast to pick up this quarter on the... read more


UK will miss out on investment because of poor air connections, business leaders say


By Marcus Leach New research shows that business leaders in high growth or emerging economies see direct air links as vital to maintaining the UKís prospects in global markets. Nine out of ten (92%) of these business leaders say direct flights influence their inward investment decisions; while eight in ten... read more


Opportunity knocks overseas, but can small businesses capitalise?


By Marcus Leach Too many UK small and medium sized enterprises (SMEs) are giving international trade the cold shoulder despite compelling evidence that firms of all sizes operating overseas are weathering the economic crisis better than those solely focused on the home market. And with non-EU exports coming under the spotlight,... read more