Topic: United Kingdom

Chinese vice premier backs UK austerity drive

Chinese Vice Premier Li Keqiang has backed Britain's austerity drive to tackle its huge deficit, in another vote of confidence in a European recovery as his three-nation tour neared an end.Li, widely tipped to be the next premier, praised the "ambitious plans" ...

UK growth doubles forecast

LONDON (Reuters) - Britain's economy grew twice as fast as expected in the third quarter of this year, easing fears the recovery is faltering and dimming the chance of more quantitative easing from the Bank of England.British finance minister George Osborne said ...

Pernod Ricard reports profit rise

French wine and spirits group Pernod Ricard, the maker of Absolut vodka and Havana Club rum, on Thursday said its full-year profits rose slightly but the result came in below analyst expectations.The number two drinks maker in the world after Britain's Diageo ...

what the parties say about engineering

The Royal Academy of Engineering magazine Ingenia invited representatives from the main political parties to tell its readers why engineering is important.. As the country looks towards an election, it is clear that Britain needs a change of direction. Ken Clarke, Shadow ...

Tories attacked by leading scientists

In a letter to The Times, 28 fellows of the Royal Society said that following the election a strong investment in education and public and private research would be crucial to Britain's economic recovery.. "A failure to respond to the recent funding ...

UK Manufacturing In Growth Mode

The manufacturing Purchasing Managers' Index (PMI) in the United Kingdom rose to 54.1 in December from 51.8 in November. This is the sixth successive month that the index is above 50 and December's figure is the highest level since November 2007.
Mike Campbell The Japanese economy managed its smallest decline in export figures in 14 months in November. The data shows that Japanese exports are still falling, but the year-on-year data for November showed the decline to be 6.2% which compared very favourably ...
The British economy is stabilising but growth will not return until the beginning of 2010, and then it will still be slow, the country's leading business lobby group said Monday.In its latest forecast, the CBI said gross domestic product (GDP) would likely ...

Europe Elevates On Oil

The price is right for European investors. Equity markets rallied during midday trading on Wednesday as oil prices surged above $71 a barrel, fueling hopes of an economic recovery from the worst recession in living memory.. The rise in oil prices boosted ...

Business

Dame Clara Furse will tonight bow out as chief executive of the London Stock Exchange on the back of a stronger set of figures than analysts had expected and a promise that the capital will be at the centre of the global ...
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