Vince Cable’s manufacturing strategy will create very few jobs, Prime Minster David Cameron’s enterprise adviser has warned.
Category: News Wire
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Business leaders urge Osborne to target growth
Chancellor George Osborne will today address the Tory Party conference amid calls from business leaders to focus on boosting growth and increasing dissatisfaction over his handling of the economy.
Spain does not need a bailout!
Spain’s economy minister Luis de Guindos has denied that his country needs a bailout
Steve Jobs: nurturing the legacy of Silicon Valley’s Leonardo
Steve Jobs, who died a year ago today, laid the foundations for Apple’s stellar year but the real test is yet to come.
Small firm fears over mis-selling compensation
Many businessmen have become disillusioned with a rate swap mis-selling compensation scheme they say is overly complex, too slow and lacking the independence crucial to win their trust.
‘Name & shame’ threat to banks over loan failures
Business Minister Michael Fallon has threatened to “name and shame” banks if they do not make more loans to small businesses through the Enterprise Finance Guarantee, a Government scheme designed to boost the supply of credit.
Michael Fallon: Brussels must cut red tape
Michael Fallon, Britain’s new business minister, is to demand that Brussels adopts the Government’s new “one-in, one-out” policy in an attempt to cut European red tape.
Government cancels West Coast Mainline contract due to ‘flaws’ in bidding process
FirstGroup’s contract to run the West Coast Mainline has been cancelled by the Government due to “significant technical flaws” in the bidding process, which will be re-run.
Economy stagnant, warns BCC as recovery doubts return
Doubts about the recovery have resurfaced after manufacturing contracted at a faster rate than expected in September, policymakers’ attempts to boost lending failed in the first month of trying, and the British Chambers of Commerce said the economy “remains stagnant”.
Spain ‘ready to ask for bailout but Germany says to wait’
Spain is ready to request a eurozone bailout for its public finances as early as next weekend but Germany has signalled that it should hold off, European officials said.
Axe cheques to end endemic late payments, urges BCC
Cheques should be axed as one of a set of moves to tackle an “endemic” culture of late payment among businesses, according to the British Chambers of Commerce.
Young tycoons can borrow £10,000 in ‘StartUp Loans’
Young entrepreneurs will be able to borrow up to £10,000 to get their fledgling ventures off the ground through a government scheme from next week.
Retailers face ‘perfect storm’ of September rent day
Almost 40,000 jobs have already been lost in the retail industry this year and shops are facing a new “perfect storm” as they prepare to pay millions of pounds to landlords on Saturday for September’s quarterly rent day.
G4S Olympic contract review prompts two resignations
Two G4S directors have resigned after the company announced the findings of a review into its Olympic Games contract.
How to create the model economy: lessons from global winners
In many of history’s most successful economic reforms, clever countries have learned from the policy successes of others, adapting them to local conditions