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Business News

UK consumer confidence falling
Friday, 30 July 2010

The July Consumer Confidence index from the long-running GfK NOP survey fell for a fifth month in July, by three points to -22.

UK Manufacturing emerges fitter from recession

Friday, 30 July 2010

According to a recent survey by PwC, the UK manufacturing sector is emerging from the recession stronger and leaner than ever.

Bonus rules set to widen
Friday, 30 July 2010

New rules on bankers' bonuses could be extended to cover 2,500 financial services companies under proposals announced by the City watchdog.

China economy becomes world number two
Friday, 30 July 2010

The Chinese economy has overtaken Japan to become the world's second-largest.

Retirement age abolition will spark tribunal boom, says FPB
Thursday, 29 July 2010

A small business support group has hit out at plans to abolish the default retirement age. The Forum of Private Business says this could prove highly damaging to thousands of small firms.

National Business Awards announces finalists
Thursday, 29 July 2010

The National Business Awards has announced its shortlist for 2010.

Employers’ bodies slam retirement proposals
Thursday, 29 July 2010

The Government’s announcement today that the default retirement age (DRA) of 65 will be scrapped by October 2011 has been met with dismay by employers’ organisations large and small.

Metro Bank opens for business
Thursday, 29 July 2010

Metro Bank, Britain's first new retail bank in more than 100 years, opened for business today.

Compulsory retirement age to be abolished
Thursday, 29 July 2010

The Government has announced that, from October 2011, employers will no longer be able to force staff to retire at the age of 65.

UK firms paying bills faster
Wednesday, 28 July 2010

The Late Payment Index from Experian, the information services company, shows that UK businesses paid their bills significantly faster during April to June of this year compared to the same period last year.

Sir David Jones retires from JJB
Wednesday, 28 July 2010

The Board of JJB Sports plc today announced that Sir David Jones has decided to retire as a director. His retirement, which is due to his ill-health, takes effect immediately.

FPB questions banks’ lending claims
Wednesday, 28 July 2010

Amid reports that the Government is getting tough with banks for failing to provide affordable lending to small firms, new research from the Forum of Private Business shows that access to finance is worsening.

UK flooded with fake pound coins
Tuesday, 27 July 2010

New figures indicated there are £41 million fake £1 coins in Britain one in every 36 in circulation.

Franchise failures can be avoided
Tuesday, 27 July 2010

Nine out of 10 failing franchises, fail not because of the business model but because of the franchise owner.

Vodafone hunts for mobile start-ups
Tuesday, 27 July 2010

Vodafone is inviting UK-based mobile entrepreneurs to enter Vodafone Mobile Clicks 2010, a competition to identify and develop the best, most innovative mobile internet start-ups.

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    Dr Vince Cable, the new business secretary, is ultimately responsible for curing UK Plc’s red tape ills. EN suggests some regulations he should consign to the dustbin.

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