Economy
Factory gate inflation rises to 5.7%
Figures released by the Office for National Statistics show that output price annual inflation for all manufactured products rose to 5.7 per cent in January.
 
Deficit narrowed to £4.7bn in December
The UK’s deficit on trade in goods and services was £4.7 billion in December, compared with a revised deficit of £4.8 billion in November.
 
Ofwat confirms £20m fine for Southern Water
Water regulator Ofwat has confirmed it will go ahead with fining Southern Water a total of £20.3 million for deliberately misreporting information and delivering poor service to customers.
 
London taxi fares to rise from April
An average passenger fare in London cabs will increase by 2.7 per cent for the next financial year, Transport for London has announced.
 
Chinese government must avoid missteps to guarantee growth
As China celebrates the arrival of the Year of the Rat, the government has taken drastic measures to cope with the aftermath of the worst snow storm the country has seen in 50 years.
 
Government loses occupational pensions appeal
The Court of Appeal has slammed the Department of Work and Pensions’ decision to appeal against last year's High Court ruling on occupational pensions.
 
Bank of England in 0.25% rate cut
The Monetary Policy Committee has voted to reduce the official Bank Rate paid on commercial bank reserves by 0.25 percentage points to 5.25%, as was widely expected.
 
Bank expected to cut rates by quarter point
The Bank of England’s Monetary Policy Committee is widely expected to announce a quarter of a percentage point cut in the base rate of interest, from 5.5 per cent to 5.25 per cent.
 
Appeal court to judge on Government ‘misselling’ of occupational pensions
On Thursday 125,000 workers who lost their occupational pensions when their company schemes were wound up will find out whether the Court of Appeal confirms their Judicial Review victory against the Government.
 
Union ends dispute with First Great Western
More than 600 RMT union members employed as guards and train drivers at First Great Western have formally ended disputes with the company.
 
Job market slows further in January
January’s Report on Jobs, from the Recruitment & Employment Confederation (REC) and KPMG, showed that the UK labour market continued to slow at the start of 2008.
 
One in four home owners struggling with mortgage payments
Almost one in four (22 per cent) people with mortgages and other debts find it difficult to meet repayments according to a new survey commissioned by KPMG.
 
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Industry Moves

Features

BUSINESS IN CHINA
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China's ambitious and astute management population poses a rising challenge to the West.
Staying power and adaptability are key to corporate success in China, says Catherine Bolgar.
EMERGING MARKETS
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A new study surprises when it comes to foreign firms entering China and India.
Globalisation within emerging economies is driving growth of domestic companies into emerging multinationals.
2012 OLYMPIC GAMES
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Survey reveals half of London firms do not expect a 2012 Olympic dividend.
Doubts are cast on the financial management of London hosting the 2012 Olympic Games.