Extract . . .
As part of its cost-cutting drive, the Coalition is apparently threatening to slash science funding by between 15% and 30% - and naturally, the scientific community is well and truly up in arms about it. They argue that this would have a devastating impact on R&D - potentially forcing science-based and hi-tech companies to seek out a home more sympathetic to their needs. Since we're actually pretty good at science here in the UK, and since the Coalition supposedly wants private enterprise to step up and fill the gap left by the shrinking private sector, this could be rather a false economy.
Read more here
http://www.managementtoday.co.uk/bulletin/mtdailybulletin/article/1025984/will-treasury-cuts-drive-hi-tech-entrepreneurs-overseas/
Friday, November 12
Dixons boss: Don't worry about a double-dip
Extract . . .
Lots of doom-mongers have been warning lately about the possibility of the UK slipping back into recession - the dreaded double-dip. So it's both refreshing and reassuring to hear a contrary view from a big retailer: John Browett, the boss of Currys and PC World owner DSG, says that he's 'not in the double-dip school', after reporting solid sales from the high street. On the other hand, he also said the company was 'not seeing the demand you'd see in a normal economy' either - so we shouldn't get too excited...
Read more here
http://www.managementtoday.co.uk/bulletin/mtdailybulletin/article/1026115/dixons-boss-dont-worry-double-dip/
Lots of doom-mongers have been warning lately about the possibility of the UK slipping back into recession - the dreaded double-dip. So it's both refreshing and reassuring to hear a contrary view from a big retailer: John Browett, the boss of Currys and PC World owner DSG, says that he's 'not in the double-dip school', after reporting solid sales from the high street. On the other hand, he also said the company was 'not seeing the demand you'd see in a normal economy' either - so we shouldn't get too excited...
Read more here
http://www.managementtoday.co.uk/bulletin/mtdailybulletin/article/1026115/dixons-boss-dont-worry-double-dip/
Manufacturing growth beats forecasts
Extract . . .
Britain's manufacturing sector grew faster than expected last month, easing fears that the economic recovery is stumbling. Export orders rose sharply in October, following a worrying slowdown the previous month, data released by Markit/CIPS showed. This helped manufacturing output to hit a seven-month high. There was also encouraging news on the employment front, with manufacturers creating new jobs at their fastest rate since June.
Read more here
http://www.guardian.co.uk/business/2010/nov/01/manufacturing-growth-beats-forecasts
Britain's manufacturing sector grew faster than expected last month, easing fears that the economic recovery is stumbling. Export orders rose sharply in October, following a worrying slowdown the previous month, data released by Markit/CIPS showed. This helped manufacturing output to hit a seven-month high. There was also encouraging news on the employment front, with manufacturers creating new jobs at their fastest rate since June.
Read more here
http://www.guardian.co.uk/business/2010/nov/01/manufacturing-growth-beats-forecasts
Small Business Profile: Tracey Jefferies
Extract . . .
“It’s a bit of a cliché”, says Tracey Jefferies, “but turning 40 back in 2004 really is what prompted me to start my own business. However, my first problem was in deciding what I could sell that customers would want to buy.” In business, there are only two things that you can sell: a product or a service. And as Jefferies had no product to sell it became a matter of deciding what would be her service and who would be her customers. But this could be no ‘lifestyle’ or ‘hobby’ business – the mortgage had to be paid every month which meant that income had to be regular from the outset.
Read more here
http://www.independent.co.uk/news/business/sme/small-business-profile-tracey-jefferies-2054209.html
“It’s a bit of a cliché”, says Tracey Jefferies, “but turning 40 back in 2004 really is what prompted me to start my own business. However, my first problem was in deciding what I could sell that customers would want to buy.” In business, there are only two things that you can sell: a product or a service. And as Jefferies had no product to sell it became a matter of deciding what would be her service and who would be her customers. But this could be no ‘lifestyle’ or ‘hobby’ business – the mortgage had to be paid every month which meant that income had to be regular from the outset.
Read more here
http://www.independent.co.uk/news/business/sme/small-business-profile-tracey-jefferies-2054209.html
Business analysis: David Levin and the virtues of a hands-on approach
Extract . . .
Many people in business talk about their passion for what they are doing. Few exhibit it - in words or deeds - to the extent that David Levin does.
Born in Glasgow in 1935, Levin retains a boyish enthusiasm for his work at an age when most of his contemporaries are probably getting their kicks on the golf course or in other pursuits of the comfortably off. Sitting in the bar of The Capital, the discreet hotel that was widely regarded as London’s first boutique hotel when he opened it in 1969, he points to the individual flowers on the tables and the elegant silver-framed photographs on the walls as evidence of the attention to detail that he believes has been vital to his success.
Read more here
http://www.independent.co.uk/news/business/sme/business-analysis-david-levin-and-the-virtues-of-a-handson-approach-2090844.html
Many people in business talk about their passion for what they are doing. Few exhibit it - in words or deeds - to the extent that David Levin does.
Born in Glasgow in 1935, Levin retains a boyish enthusiasm for his work at an age when most of his contemporaries are probably getting their kicks on the golf course or in other pursuits of the comfortably off. Sitting in the bar of The Capital, the discreet hotel that was widely regarded as London’s first boutique hotel when he opened it in 1969, he points to the individual flowers on the tables and the elegant silver-framed photographs on the walls as evidence of the attention to detail that he believes has been vital to his success.
Read more here
http://www.independent.co.uk/news/business/sme/business-analysis-david-levin-and-the-virtues-of-a-handson-approach-2090844.html
Manufacturing set to rise on domestic demand
Extract . . .
Smaller manufacturers are set to ramp production over the next three months as the recovery boosts domestic demand, the CBI will say today.
Read more here
http://www.independent.co.uk/news/business/news/manufacturing-set-to-rise-on-domestic-demand-2121993.html
Smaller manufacturers are set to ramp production over the next three months as the recovery boosts domestic demand, the CBI will say today.
Read more here
http://www.independent.co.uk/news/business/news/manufacturing-set-to-rise-on-domestic-demand-2121993.html
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