IMF Tell's UK To Consider Rate Cut
Summary:
The IMF has said the UK's continuing economic weakness means authorities should consider more quantitative easing and even consider cutting interest rates. During its annual look at the UK economy they endorsed the government's deficit cutting plan it said the monetary stimulus has helped the economy. IMF said the UK should also consider cutting interest rates putting it below 0.5%. Also announced that the forecast of UK growth is 2% for 2013 which is slightly more optimistic then the 1.6% predicted by independent economic experts.
The View:
Well it's always beneficial in the short-term when interest rates go down, but then their will come a time when it goes right back up. So its not really that beneficial is like putting tape over a burst pipe, it is positive that the economy is showing signs of some growth to.
In Favour Of Interest Rates Going Down?, Feeling Positive About Growth?
Full Article:
http://www.bbc.co.uk/news/business-18158226
Inflation Drops To 3%
Summary:
UK inflation slowed in April as the Consumer Prices Index dropped to 3% down from 3.5% in April an 3.6% in March. Despite the fall in inflation, Jeremy Cook warned that the drop in inflation will not benefit household due to the discrepancy in wage growth. The inflation drop comes because of events in external cause such as the decrease of oil and the strength of the pound.
Summary:
The IMF has said the UK's continuing economic weakness means authorities should consider more quantitative easing and even consider cutting interest rates. During its annual look at the UK economy they endorsed the government's deficit cutting plan it said the monetary stimulus has helped the economy. IMF said the UK should also consider cutting interest rates putting it below 0.5%. Also announced that the forecast of UK growth is 2% for 2013 which is slightly more optimistic then the 1.6% predicted by independent economic experts.
The View:
Well it's always beneficial in the short-term when interest rates go down, but then their will come a time when it goes right back up. So its not really that beneficial is like putting tape over a burst pipe, it is positive that the economy is showing signs of some growth to.
In Favour Of Interest Rates Going Down?, Feeling Positive About Growth?
Full Article:
http://www.bbc.co.uk/news/business-18158226
Inflation Drops To 3%
Summary:
UK inflation slowed in April as the Consumer Prices Index dropped to 3% down from 3.5% in April an 3.6% in March. Despite the fall in inflation, Jeremy Cook warned that the drop in inflation will not benefit household due to the discrepancy in wage growth. The inflation drop comes because of events in external cause such as the decrease of oil and the strength of the pound.
The View:
I believe that this is a minor bump and inflation will continue to growth, the main reason it decreased in May was mainly because of external influences such as the oil factor and stronger currency trading.
Is Inflation Showing Signs of Declining?, Will It Be Of Any Benefit To You?
Full Article:
http://www.freshbusinessthinking.com/news.php?NID=14151&Title=UK+inflation+rate+drops+to+3%25
Deborah Meaden Backs Make It In Britain Campaign
I believe that this is a minor bump and inflation will continue to growth, the main reason it decreased in May was mainly because of external influences such as the oil factor and stronger currency trading.
Is Inflation Showing Signs of Declining?, Will It Be Of Any Benefit To You?
Full Article:
http://www.freshbusinessthinking.com/news.php?NID=14151&Title=UK+inflation+rate+drops+to+3%25
Deborah Meaden Backs Make It In Britain Campaign
Summary:
Entrepreneur Deborah Meaden is backing a Government initiative to take the outdated perception of manufacturing and try to discover new creative ideas. Famous for her role on Dragons Den, Deborah will be joining other business leaders to lend their support to the “Make It In Great Britain”. Deborah and other business leaders will bring ability that will strengthen efforts to attract the talent and investment that the manufacturing industries need to grow. The challenge is helping to inventors, manufacturers, engineers, designers, businesses of all sizes, young people and the general public. The even will then culminate in an exhibition at the Science Museum during the Olympic Games.
Entrepreneur Deborah Meaden is backing a Government initiative to take the outdated perception of manufacturing and try to discover new creative ideas. Famous for her role on Dragons Den, Deborah will be joining other business leaders to lend their support to the “Make It In Great Britain”. Deborah and other business leaders will bring ability that will strengthen efforts to attract the talent and investment that the manufacturing industries need to grow. The challenge is helping to inventors, manufacturers, engineers, designers, businesses of all sizes, young people and the general public. The even will then culminate in an exhibition at the Science Museum during the Olympic Games.
The View:
The last few days a lot of encouraging news has come out the government launched initiatives to help manufacturers launch their product overseas, Vauxhall announced a new deal to produce its Astra cars and now the new Make It In Britain campaign so their seems to be a little upswing for the UK's ever declining manufacturing sector.
Is The UK Manufacturing Sector On Its Way Back?, As A Manufacturer Are You Going To Participate In This Campaign?
The last few days a lot of encouraging news has come out the government launched initiatives to help manufacturers launch their product overseas, Vauxhall announced a new deal to produce its Astra cars and now the new Make It In Britain campaign so their seems to be a little upswing for the UK's ever declining manufacturing sector.
Is The UK Manufacturing Sector On Its Way Back?, As A Manufacturer Are You Going To Participate In This Campaign?
Full Article:
http://www.freshbusinessthinking.com/news.php?NID=14156&Title=Deborah+Meaden+backs+Make+it+in+Great+Britain
New £2.9m Enterprise Research Centre Will Drive Small Firm Policy
Summary:
A partnership to create a new independent £2.9m enterprise research centre will help drive the growth of the SME sector the UK has announced. The Enterprise Research Centre will help develop a greater understanding of the factors affecting business investment, performance and growth. The project is a collaboration between the Department For Business, Innovation and Skills )BIS), the British Bankers Association(BBA), the Economic and Social research Councils (ESRC) and The Technology Strategy Board. It is also stated that the aims are to create a network of thousands of business mentors and providing quality coaching to a range of high growth potential businesses, also a £10m loan scheme to offer young entrepreneurs with the start-up capital they need.
http://www.freshbusinessthinking.com/news.php?NID=14156&Title=Deborah+Meaden+backs+Make+it+in+Great+Britain
New £2.9m Enterprise Research Centre Will Drive Small Firm Policy
Summary:
A partnership to create a new independent £2.9m enterprise research centre will help drive the growth of the SME sector the UK has announced. The Enterprise Research Centre will help develop a greater understanding of the factors affecting business investment, performance and growth. The project is a collaboration between the Department For Business, Innovation and Skills )BIS), the British Bankers Association(BBA), the Economic and Social research Councils (ESRC) and The Technology Strategy Board. It is also stated that the aims are to create a network of thousands of business mentors and providing quality coaching to a range of high growth potential businesses, also a £10m loan scheme to offer young entrepreneurs with the start-up capital they need.
The View:
A very interesting scheme here from the government, one that seems to get behind and support small businesses as well as young entrepreneurs. It will be interesting to see how beneficial this will be in the SME sector and if it will lead to sufficient growth.
Is This Encouraging News For You?, Will You Be Taking Advantage Of This Scheme?
Full Article:
http://www.freshbusinessthinking.com/news.php?NID=14157&Title=New+%A32.9+million+enterprise+research+centre+will+drive+small+firm+policy
A very interesting scheme here from the government, one that seems to get behind and support small businesses as well as young entrepreneurs. It will be interesting to see how beneficial this will be in the SME sector and if it will lead to sufficient growth.
Is This Encouraging News For You?, Will You Be Taking Advantage Of This Scheme?
Full Article:
http://www.freshbusinessthinking.com/news.php?NID=14157&Title=New+%A32.9+million+enterprise+research+centre+will+drive+small+firm+policy
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