Economy
Hike in manufacturing prices expected
The CBI warns that the price of manufactured goods will rise steeply over the coming months.
 
CBI: Darling, we cannot go on like this
The UK must not talk itself into a recession in the wake of the credit crunch, the CBI warns.
 
Property sales forecast to drop by 35%
Gross mortgage lending reached an estimated £25.3 billion in April, an 8% drop on April 2007.
 
Redundancies and earning power rising
Redundancies amongst the UK’s executive population have hit their highest peak since 2001.
 
Ex-boss MK One buys Ethel Austin
Value clothing chain Ethel Austin has been sold to a new company formed by Elaine McPherson.
 
Business confidence drops further
Business confidence has declined steeply in the last quarter, according to the ICAEW.
 
Drop in US CEO direct compensation
CEO direct compensation among large US firms is declining in the face of a slowing economy.
 
Manufacturing and retail administrations down
The manufacturing and retail sectors have seen a significant drop in the number of administrations.
 
Local government strike ballot planned
Local government employees in England, Wales and Northern Ireland will vote on possible strikes.
 
Sheffield and Belfast comeback hailed
Two UK cities are completing a full recovery after the collapse of the manufacturing industry.
 
Recruitment firm Hat Pin in administration
AIM-listed recruitment consultancy Hat Pin Plc has  called in the administrators
 
King warns of pain before recovery
The Bank of England says that the outlook for inflation has “deteriorated markedly” over the past three months.
 
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Industry Moves

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