News Wire

  • 08/02/12
  • George Osborne, the chancellor, warned on Tuesday night that enterprise could be stifled and jobs could be put at risk if an “anti-business culture” were allowed to take hold in Britain.
  • Source: Financial Times The Guardian The Times The Independent
  • 08/02/12
  • Greek prime minister Lucas Papademos was struggling to maintain international credibility on Tuesday night, after missing a third deadline in a week to deliver an austerity agreement needed to release a €130bn (£108bn) bail-out package for his country and avert a debt default.
  • Source: The Daily Telegraph Financial Times
  • 07/02/12
  • The head of Network Rail became the latest taxpayer-funded executive to be forced to waive a bonus when his company announced yesterday that he and five fellow senior managers would not be seeking a payout this year.
  • Source: The Guardian The Independent
  • 07/02/12
  • China’s soaring growth rate could be cut in half this year if Europe’s debt crisis worsens significantly, the International Monetary Fund (IMF) warned yesterday.
  • Source: The Independent
  • 07/02/12
  • Greece appeared intent on taking make-or-break talks over a €130bn (£108bn) rescue programme for the debt-choked country down to the wire last night as officials announced that the discussions would be delayed.
  • Source: The Guardian
  • 06/02/12
  • Smaller companies are as despondent about the future as at any time since the economy plunged into recession three years ago.
  • Source: The Times The Guardian
  • 06/02/12
  • The leader of Britain’s top employers’ body has called on politicians to stop bashing business for fear it is damaging the already-fragile economy.
  • Source: The Independent
  • 06/02/12
  • The City’s banks and insurers were left reeling last night after the Financial Services Authority imposed a dramatic increase in their annual fees to cover a sharp rise in its regulatory costs.
  • Source: The Times
  • 03/02/12
  • The economy will suffer a modest contraction this year, according to an influential academic institute that is the first to forecast a return to outright recession for the UK.
  • Source: Financial Times The Guardian Daily Mail