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Bookshops chain Borders battles to stave off collapse

Bookshop chain Borders is hoping to sell 36 outlets to avoid falling into administration. Photograph: Murdo Macleod The sale of Borders UK, the troubled book retailer, appeared to be foundering today, raising fears for the future of the hard-pressed ...

From ASHLEY SEAGER, Guardian Unlimited,  22 Nov 2009

Related Topics: WH Smith,  Woolworths

Renewables policy hopes dashed by tariffs row

Ed Miliband's hope of having a key government policy on renewable energy in place before the Copenhagen summit have been dashed by internal wrangling over the final levels at which so-called "feed-in tariffs" (FITs) will be set. Officials at Miliband's ...

From ASHLEY SEAGER, Guardian Unlimited,  22 Nov 2009

Related Topics: Ed Miliband,  Alistair Darling,  Alan Simpson

Skills shortage dents UK's green credentials

A skills and training shortage may threaten the UK's move to become a low-carbon economy, warns an influential business group. Photograph: Charles O'Rear/Corbis Britain lacks the skills or training facilities to make the successful transition to a ...

From ASHLEY SEAGER, Guardian Unlimited,  20 Nov 2009

Related Topics: Charles O.,  European Union

UK budget deficit much worse than expected at £11.4bn for month

National debt soars to 59.2% of GDP, the highest since records began in the 1970s Britain's budget deficit blew out to the worst ever October reading for an October last month, suffering a much bigger than expected shortfall of £11.4bn, official data ...

From ASHLEY SEAGER, Guardian Unlimited,  19 Nov 2009

Related Topics: Investec,  Alistair Darling,  Bank of England

Queen's speech: fiscal responsibility bill

The government's new fiscal responsibility bill will provide a "firm and binding statutory basis" for reining in the government's spiralling deficit and debt in the wake of the credit crunch and recession, the Queen said. The bill will commit the ...

From ASHLEY SEAGER, Guardian Unlimited,  18 Nov 2009

Related Topics: Alistair Darling

Bank of England MPC split three ways on quantitative easing

The Bank of England increased quantitative easing to £175bn this month. Photograph: Luke MacGregor/Reuters The Bank of England's monetary policy committee was split three ways over its decision to extend its policy of quantitative easing (QE) by £25bn. ...

From ASHLEY SEAGER, Guardian Unlimited,  18 Nov 2009

Related Topics: Bank of England,  David Miles

Global stock markets rise to highest level of year

World stock markets rose strongly again today to record highs for the year, buoyed by rising optimism about the world economy. The price of gold and other key commodities also rose, with the precious metal continuing its recent surge by reaching a new ...

From ASHLEY SEAGER, Guardian Unlimited,  16 Nov 2009

Related Topics: FTSE,  Rio Tinto Plc,  Randgold Resources Limited,  Xstrata,  BP p.l.c.

Inflation bounce expected to be short-lived

Rising joblessness is likely to keep a lid on wage rises and the power of retailers to push up prices. Photograph: Martin Rickett/PA Inflation looks likely to pick up robustly on Tuesday because of sharp falls in oil prices last October not being ...

From ASHLEY SEAGER, Guardian Unlimited,  16 Nov 2009

Related Topics: IHS Inc.,  Global Insight

European economies outstrip UK

Recessioary Britain has been left behind by the eurozone. Photograph: Andrew Winning/Reuters Britain was left standing in the third quarter as the eurozone firmly exited recession with Germany leading the way, figures showed today. Germany, the zone's ...

From ASHLEY SEAGER, Guardian Unlimited,  13 Nov 2009

Related Topics: IHS Inc.,  Global Insight

Gender pay gap narrows but still 'unacceptably high'

The pay gap between men and women in full-time work has shrunk to its narrowest on record at 12.2%, compared with 12.6% last year. Photograph: Graham Turner The pay gap between men and women in full-time work has shrunk to its narrowest on record, ...

From ASHLEY SEAGER, Guardian Unlimited,  12 Nov 2009

Related Topics: Graham Turner,  Brendan Barber,  Harriet Harman,  Equality and Human Rights Commission,  Royal Bank of Scotland

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