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British business leaders demand UK’s stay in the EU

British business leaders demand UK’s stay in the EU

May. 20 | While some politicians in Britain argued that Britain’s economic goals will be better served outside EU, a group of Britain’s most eminent business leaders, in a letter to the media, have accused MPs of putting “politics before economics”. Business...

HTC to spend more money on marketing its smartphones

HTC to spend more money on marketing its smartphones

Feb. 22 | HTC One, the new smartphone from the Chinese electronics manufacturer could provide some serious competition for Apple and Samsung. It has a fully-metallic body like the iPhone, this adds to its looks and the software team at HTC have done a great job...

UK looking down the barrel of a triple-dip recession

UK looking down the barrel of a triple-dip recession

Jan. 25 | Britain has been gripped by the fear of the country falling into a ‘triple-dip’ recession. This is after figures from the last quarter of 2012 brought to light the fact that the economy has shrunk by 0.3 percent. It is also possible that Chancellor...

Ikea offers up to 96 percent discounts on Christmas trees

Ikea offers up to 96 percent discounts on Christmas trees

Dec. 19 | This is the first time that the Southampton branch of the Swedish furniture and home company Ikea has decided to sell real Nordmann Fir Christmas trees, instead of artificial ones that they have been selling previously. However, in the process the company...

Charity shelters start to worry as UK house rent set to skyrocket in 2013

Charity shelters start to worry as UK house rent set to skyrocket in 2013

Dec. 14 | With demands exceeding supply, the Royal Institute of Chartered Surveyors (RICS) has predicted that the prices of houses in the UK will rise by 2% and house rents will double up to 4% in 2013. However, sales of houses are also foreseen to climb to...

Christmas fails to eradicate the gloom over HMV balance sheet

Christmas fails to eradicate the gloom over HMV balance sheet

Dec. 13 | The Chief Executive of HMV Trevor Moore admitted that the 240-strong music, film and games chains current trading performance is lagging behind expectations in the pre-Christmas season of 2012. This is resulting in setbacks in the turnaround strategy...

Olympics – Paralympics helped push UK out of recession

Olympics – Paralympics helped push UK out of recession

Oct. 25 | The Olympic Games that were held in the UK earlier this year have helped boost the nations’ economy out of recession according to the official gross domestic product figures (GDP). According to the figures, the growth recorded was 1 percent, inclusive...

Financial crisis after-effects to be felt by UK over-50s

Financial crisis after-effects to be felt by UK over-50s

Oct. 23 | The financial crisis of 2007 has caused grief all around the world, however in the UK people who are over 50 have suffered more that their younger counterparts. Moreover, it the richer households have suffered comparatively more losses than people who...

Christmas 2011 season to leave millions of Brits in debt

Christmas 2011 season to leave millions of Brits in debt

Dec. 15 | UK Today News: A recent study has found that 40 percent people in the UK are currently in debt – excluding the student loans and mortgage. This means that Brits will be entering the Christmas period with their stretched finances to begin with, which...

UK budget 2011 attempts to rescue Britain’s unsteady economic growth

UK budget 2011 attempts to rescue Britain’s unsteady economic growth

Mar. 24 | UK Today News: The UK budget on Wednesday, March 23, 2011, revolved around business competitiveness to recover from its slow economic slowdown. It tried to lure foreign investment with a 2% Corporation Tax Cut and on the domestic front, the budget planned...