Barclays borrows £1.6 billion
It turns out that the third largest bank in the UK; Barclays Plc has had to borrow almost £1.6 billion from the Bank of England. This follows a failure a system that was supposed to process trades. This is the second time in less than two weeks that Barclays has had to go to the [...]
August 30, 2007BAA job cuts may on the cards
The management at BAA has confirmed that job cuts are in the pipeline, but they have denied reports that the figure could be as high as 2000.
BAA says that they are looking to streamline the business. The problem that the company has is quite a bit of debt because when the Spanish company Ferrivial took [...]
Retailers to face quieter Christmas?
Recent hikes in food prices are likely to have a knock on effect on the CPI, raising inflation - and the prospect of a quieter Christmas this year for retailers.
Heavy flooding across major food producers, affecting everything from wheat to garden vegetables, coupled with rising demand from Asia, means that basic agricultural products are seeing [...]
Business rate rise to fund public transport
According to a report by the Centre of Cities Think Tank, local authorities could easily raise around £10 billion for the use in public transport projects, one of which could be the London Cross Rail project, which would mean trains would not need to terminate in London.
By creating a supplementary business rate the larger cities [...]
A good time to be in business
It is being said that now is a good time to be in business. With investments in new business reaching new heights, and a huge range of incentives from the government, who wouldn’t want to be in business?
It appears that television programmes such as the Dragons Den and The Apprentice have actually encouraged more people [...]
Is a foreign language needed?
With the GCSE exam results out there has been a significant drop in students taking up a foreign language, and the reason given is that having a foreign language skill does not make any difference when applying for a job. The blame for the fall is being laid fairly and squarely on the doorstep of [...]
August 22, 2007Banks to step back in time
With the news of how “Subprime” mortgages have hit the financial markets hard, it is no surprise to see that US banks are thinking about returning to the old ways of banking. This would mean that the way they do business might radically change. Although mortgage companies do business in a different manner, with no [...]
August 21, 2007The Iraq stock exchange opens
It has to be a sign of the times, when all around appears to be a disaster zone. The movers and shakers of the Iraq business elite have managed to re launch the Iraq stock exchange.
It may not appear to be what we have come to expect a stock exchange to look like. It actually [...]
Skype fails for a day
More than 220 million users of Skype were left with no service for most Thursday. This meant that many people including businesses had to return to the landline to make calls for business and to contact family and friends.
This highlights the problems that can affect so many different aspects of life as we reply more [...]
Every business needs a Website
No matter what business you are in, having a Website can be a great benefit for you. It will get your business in front of a very large audience, enable you to show off your services and even sell your products to customers in a wide ranging customer base.
That sounds great, but there is one [...]
Big business the game
When you talk of games, you naturally think of youngsters sitting in their bedrooms for hours on end only ever appearing to find something eat. But the games market is getting a new player and this time they wear suits and work nine to five, big business has just discovered that games can get the [...]
August 13, 2007John Redwood plans red tape cut
The Conservative ultra right winger, John Redwood is to propose a cut in business red tape which is expected to save businesses around £14 billion.
This plan has not been adopted by David Cameron or the Conservative party itself. Yet as they are still trailing in the opinion polls they need to do something, but is [...]
Disasters prompt innovation
Its normal for people to adapt to changing circumstances, but in some cases you get that one person who looks at a disaster and comes up with something that can help prevent it happening again.
One such person is Scott Simon, who comes from Worcestershire, his community was just one area that suffered from the serious [...]
Google looking for business referrals
In the US Google are hiring Local Business Referral Agents, who work in their local areas recruiting businesses for the Google Maps project.
The program offers local business to get more exposure through listings on Google Maps, it is the agent’s job to call on local businesses, to collect information and take photos. This data is [...]
Daily Telegraph Summer Business School Competition
This is your chance to win a week long executive training course at the famous SAID Business School at Oxford University.
The course will take place on the 23rd to 28th September 2007; the prize includes all of the tuition fees, accommodation and meals. The prize in total is worth over £6,500.
All you have to do [...]
Choices and yet more choices
A successful business creates problems of its own; this would normally revolve around choices and decisions. Some businesses find that they have an abundance staff who all have their own skills and expertise, the question is deciding on who does what.
The same goes for customers, some know what they want, and there are others who [...]