Archive for the ‘Biz’

  • Sir Alan Budd and Hector Sants on New Year Honours list
    Sir Alan Budd was a founding member of the Bank of England's Monetary Policy Committee A former head of the Financial Services Authority and a founding member of the Bank of England's Monetary Policy Committee have been recognised in the New Year Honours. Hector Sants, who was in charge of regulation at the start of the credit crisis, has been knighted. It...
    published on December 29th, 2012 at 14:32
  • House purchases by first-time buyers dan#039;up 12%dan#039;
    The Halifax warns that conditions for first-time buyers remain "very difficult" The number of house purchases by first-time buyers rose 12% this year, with about 216,000 people stepping on to the property ladder, the Halifax reports. Its study says the figure is the highest since 2007, the year before the global economic crisis struck. The Halifax said the...
    published on December 29th, 2012 at 14:32
  • Obama hosts fiscal cliff talks at White House
    Mitch McConnell, second left, says US taxpayers face a "wholly preventable" crisis US President Barack Obama is meeting congressional leaders in talks at the White House to try to stop the US falling over the "fiscal cliff". Reports say Mr Obama will offer a new deal in a bid to stave off tax rises. Republicans and Democrats have only four days to...
    published on December 29th, 2012 at 03:37
  • UK employment to reach 30 million, says CIPD
    The number of people employed has been rising despite economic stagnation The Chartered Institute of Personnel and Development (CIPD) says employment should grow to a record high by 2015. Its study says the number of people employed should grow throughout 2013 to reach 30 million two years later. The CIPD says that the reasons for jobs growth throughout a period of flat...
    published on December 29th, 2012 at 03:37
  • DVLA strike over office closure plan
    The PCS union wants to preserve a "highly prized" face-to-face service with motorists A one-day strike is being staged by Driving and Vehicle Licensing Agency staff over planned office closures that could see more than 1,000 jobs lost. The strike is set to close all 39 regional offices in England, Scotland and Wales. The government wants to centralise the DVLA...
    published on December 29th, 2012 at 03:37
  • Pearson invests in Nook tablet line
    B&N's Nook HD is one of its newer products UK publisher Pearson has said it will invest in the Nook series of e-readers and tablets. Pearson said it would pay $89.5m (55.5m) for a 5% stake in Nook Media, which includes the digital bookstore and 674 stores serving US colleges. The maker of Nook, US book chain Barnes & Noble (B&N), sells the devices online...
    published on December 29th, 2012 at 03:37
  • Japan economy: Latest data underlines weakness
    Demand for some Japanese products has slowed in key markets resulting in a dip in its exports Japan has reported weak economic data, underlining the challenges the new government faces in reviving growth in the world's third-largest economy. Industrial output fell in November as demand for exports continued to slow. Consumer prices also dipped, indicating that deflation...
    published on December 29th, 2012 at 03:37
  • Obama to host fiscal cliff talks at White House
    Mitch McConnell, second left, says US taxpayers face a "wholly preventable" crisis US President Barack Obama has called Congressional leaders to talks at the White House to try to stop the US falling over the "fiscal cliff". Republicans and Democrats have only four days to reach an agreement before hundreds of billions of dollars of tax rises and...
    published on December 28th, 2012 at 14:43
  • Sales shoppers set online dan#039;Boxing Day recorddan#039;
    By Kevin PeacheyPersonal finance reporter, BBC News Analysts say that online browsing has affected the High Street Record numbers visited UK retail websites on Boxing Day, with analysts suggesting shoppers are also using the internet to identify bargains. Information service Experian said UK consumers made 113 million visits to retailers' websites during 26...
    published on December 27th, 2012 at 18:57
  • Sales shoppers dan#039;target bargains onlinedan#039;
    By Kevin PeacheyPersonal finance reporter, BBC News Analysts say that online browsing has affected the High Street Record numbers visited UK retail websites on Boxing Day, with analysts suggesting shoppers are also using the internet to identify bargains. Information service Experian said UK consumers made 113 million visits to retailers' websites during 26...
    published on December 27th, 2012 at 18:44