Regional firms see best ever August growth September 8, 2013 ENGLAND’S regions saw the strongest business growth ever recorded in August, as Lloyds noted robust growth around the UK, and booming firms in some areas. Purchasing managers from the north west, south east, south west and east of England all reported the strongest growth ever seen, after a raft of recent surveys and figures which [...]
Recovery boosts demand for professionals September 8, 2013 FINANCE and accounting vacancies shot up 15 per cent on the year in July and August as the recovery takes hold and boosts demand for professional workers, the Association of Professional Staffing Companies (APSCo) said today. The group found a 1.5 per cent monthly rise in demand for marketing, engineering and IT workers over the [...]
Young workers want more help to understand their finances September 8, 2013 GENERATION Y employees want more financial education at work, and do not understand benefit packages designed by their baby boomer elders, a Barclays report reveals today. And workers are increasingly saving too little for their pensions, according to Scottish Widows. The average amount workers are willing to save has dropped 24 per cent from £67 [...]
Spending spike as UK economy bounces back September 8, 2013 AS SURVEYS indicate a bumper month for business this September, new figures suggest that the increased activity is driven mainly by consumer spending, with credit and debit card use on the up. Barclaycard said yesterday there had been a strong upswing in spending through August, backing up figures from Visa Europe, which recorded its strongest [...]
Firms steering clear of deals in newer markets September 8, 2013 COMPANIES have shied away from making takeover bids in emerging markets so far this year, as part of the wider slump in global mergers and acquisitions, research published today suggests. The number of bids for targets in high-growth economies from firms in developed nations fell 23 per cent on the same period a year ago [...]
Former GlaxoSmithKline boss to make return to public market September 8, 2013 A MEDICAL investment group chaired by the former boss of pharmaceuticals giant GlaxoSmithKline (GSK), Sir Richard Sykes, is due to float on London’s junior market next week. NetScientific, which funds and develops and healthcare technologies from universities in Britain and the UK, is seeking to raise £30m on Aim, with shares expected to start trading [...]
Chinese mobile networks ready for new iPhone September 8, 2013 TELECOM carriers China Unicom and China Telecom will carry Apple’s newest iPhone models within days of their launch in Beijing this week as the US technology giant tries to regain lost ground in its second biggest market by releasing the phones faster. Apple said last week it was holding a satellite event in Beijing on [...]
South African motor and gold strikes ending September 8, 2013 WORKERS in South Africa’s motor and gold industries will return to work this week after strikes that have crippled operations at some of the country’s biggest producers were resolved yesterday. Prolonged labour disputes in the two key exporting industries had threatened to compound the woes of Africa’s largest economy, still reeling from last year’s violent [...]
Corporation tax collected via HMRC probes falls to six year low September 8, 2013 EXTRA corporation tax collected through HMRC investigations fell to a six year low last year, fresh figures released today show. The fall in corporation tax collected by HMRC’s large business division, which handles FTSE 350 companies, is due to a lower rate of tax and less aggressive tax planning by corporates. The large business division, [...]
Daimler aims for self-driving car by 2020 September 8, 2013 GERMANY’S Daimler plans to start selling a self-driving car by 2020 as part of its campaign to regain the top spot among premium carmakers, its development chief said yesterday. Carmakers and suppliers across the world are working on ways to make driving safer and more comfortable through automation, and the race is on to bring [...]