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Fragile Economy Keeps Interest Rates Low

10/12/2010

By Bob Northgate Midland business leaders claim the economic climate is still too fragile for a rise in interest rates and are not surprised by the Bank of England's decision to keep the level at 0.5 per cent. Christine Braddock, President of Birmingham Chamber of Commerce, said: "Birmingham's annual GVA is predicted... read more


 

Cheshire Firm Export Classy Frozen Treats To Hong Kong In Time For Christmas

10/12/2010

By Bob Northgate Cheshire based Eazycuizine, purveyors of high quality frozen foods which would impress the most fussy dinner guests, are exporting their party ranges to Hong Kong in time for Christmas. Its Minishots range, comprising miniature desserts such as lemon cheesecake, panacotta and chocolate mousse in shot glasses, and Petit Fours... read more


 

Asian Firms

10/12/2010

By Bob Northgate Asian Firms "turbo-charging" growth and winning war for talent through innovative application of uniquely Asian values to unlock individual and organisational potential, says new CIPD research The fact that strong economic growth has been maintained in China and Hong Kong, while Western economies have been hard- hit by... read more


 

Expert Comment on ONS UK Trade Statistics from Barclays Corporate

09/12/2010

By Bob Northgate Following the release of today's ONS UK Trade Statistics, please consider the following comment from Iain MacDonald, Head of Trade Product, Barclays Corporate: • The UK's seasonally adjusted deficit on trade in goods and services was £3.9 billion in October, compared with the deficit of £3.8 billion in September •Excluding... read more


 

Growth in Exports Must Accelerate

09/12/2010

By Bob Northgate Commenting on the UK trade figures for October published today by the ONS, David Kern, Chief Economist at the British Chambers of Commerce (BCC) said: “These figures are slightly disappointing as the global trade deficit was larger than expected. Although the value of exports is high, the underlying volume... read more


 

CBI Reaction To Bank Of England's MPC Decision

09/12/2010

By Bob Northgate The CBI today responded to the announcement from the Bank of England's Monetary Policy Committee (MPC) that it will keep interest rates the same. Ian McCafferty, CBI Chief Economic Adviser, said: “The recent data suggest that the moderate recovery predicted earlier in the year remains on track, with export activity... read more


 

Analysts Blame Corruption Increase On Global Crisis Undermining Faith In Governments, Banks And Economic Institutions

09/12/2010

By Bob Northgate The world is considered a more corrupt place now than it was three years ago with some 56% of people interviewed by Transparency International believing their country had become more corrupt. Bribes were also a concern although less common in the EU and North America. Political... read more


 

Strong Order Books Boost Output Prospects For UK Manufacturers

08/12/2010

By Bob Northgate Manufacturers expect production to rise solidly in the next three months on the back of strengthening demand at home and abroad, the CBI said today. The CBI’s latest monthly Industrial Trends Survey revealed that 32% of manufacturers are predicting a rise in output in the coming quarter, and 19%... read more


 

Renishaw Supports Competition That Encourages Export Innovation

08/12/2010

By Bob Northgate Renishaw, the UK Gloucestershire-based global engineering company, is backing a new competition that offers entrepreneurs and businesses in the South West of England the chance to win a £50,000 prize fund of money, advice and professional services to help launch a new innovative idea, product or service business... read more


 

Companies Expect Transport Will Become Increasingly Expensive And Scarce Over The Next Two Decades

08/12/2010

By Bob Northgate Executives have little faith that infrastructure will be adequate to meet demand Despite ambitious infrastructure investment plans in many countries, business executives take a dim view of the ability of transport systems to meet future requirements, according to new research carried out by the Economist Intelligence Unit and sponsored... read more