Farepak bosses could be barred from City jobs February 15, 2011 EXECUTIVES of the ill-fated savings club Farepak could be banned from serving as company directors after the government’s Insolvency Service applied to the courts to disqualify them. Nine directors including former CBI president Sir Clive Thompson and outgoing Blacks Leisure chief executive Neil Gillis could face a ban of up to 15 years if the [...]
Reforms cut £350m of red tape on firms March 23, 2011 A RAFT of micro reforms to planning laws and business regulation were introduced in the Budget to boost growth in UK enterprise yesterday. Key supply-side reforms included sweeping changes to planning laws, to wave through applications for sustainable development and tear up nationally-imposed targets on the use of brownfield land. “We will introduce a new [...]
Reforms cut £350m of red tape on firms March 23, 2011 A RAFT of micro reforms to planning laws and business regulation were introduced in the Budget to boost growth in UK enterprise yesterday. Key supply-side reforms included sweeping changes to planning laws, to wave through applications for sustainable development and tear up nationally-imposed targets on the use of brownfield land. “We will introduce a new [...]
Consultation on high speed rail link is opened February 27, 2011 TRANSPORT secretary Philip Hammond will today launch a five month consultation on the HS2 high speed rail project that could link London and Birmingham. Ministers say the 250mph link, which will cost around £2bn a year for at least the next decade, will generate £2 for every £1 invested. It is hoped the link can [...]
British exports bounce back March 9, 2011 BRITISH exports shot up by 5.4 per cent to a record value of £25.1bn in January, helping to narrow the UK’s overall trade gap to £3bn. The deficit fell from £5.5bn in December, when severe winter snow and changes in aircraft import taxes resulted in a record high deficit — £9.7bn — in visible goods. [...]
IoD and CBI slam weak key skills as GCSE passes surge August 24, 2010 RADICAL changes to the current education system are needed to stop underachievement amongst GCSE students, warned industry bodies yesterday, saying that poor literacy and numeracy skills could impede future business growth. Despite record pass rates for the 23rd year in a row with nearly seven in ten grades a C or above, the Institute of [...]
IoD and CBI slam weak key skills as GCSE passes surge August 24, 2010 RADICAL changes to the current education system are needed to stop underachievement amongst GCSE students, warned industry bodies yesterday, saying that poor literacy and numeracy skills could impede future business growth. Despite record pass rates for the 23rd year in a row with nearly seven in ten grades a C or above, the Institute of [...]
Inflation peril after factory prices rocket January 20, 2011 BRITAIN’S manufacturing boom looks set to continue – although rising factory gate prices are threatening to stoke inflation even higher, a survey revealed yesterday. Manufacturing output prices rose at the fastest pace since October 2008 in the final months of last year, according to a survey by the Confederation of British Industry. And in the [...]
Inflation peril after factory prices rocket January 20, 2011 BRITAIN’S manufacturing boom looks set to continue – although rising factory gate prices are threatening to stoke inflation even higher, a survey revealed yesterday. Manufacturing output prices rose at the fastest pace since October 2008 in the final months of last year, according to a survey by the Confederation of British Industry. And in the [...]
CBI’s Lambert gets Indian offer August 1, 2010 Richard Lambert, the outgoing director general of employers’ group the CBI, is set to be asked to take up a post as high commissioner of India as part of a government drive to sign up businessmen and women for diplomatic roles. Lambert, a ex-Financial Times editor and former external member of the Bank of England’s [...]