Actions speak louder
Article Abstract:
UK Chancellor Gordon Brown is expected to further downgrade his forecasts for gross domestic product (GDP) growth in his 1999 Budget. Private sector forecasters believe that Brown will predict GDP growth of around 0.75%, but other observers believe that he will indicate a new range for growth of 0.5% to 1%. Brown's predictions for the government's own finances will also receive a great deal of attention. A government deficit of up to 1% of GDP for the fiscal year beginning Apr 1999 will be acceptable, but a deficit much higher than that level would prompt worries.
Publication Name: The Director
Subject: Business, international
ISSN: 0012-3242
Year: 1999
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Who's driving the recovery? Men like Tom Eassie of Rotork are exporting well over half their production
Article Abstract:
Exports from Britain were about 8% higher in 1994 than in 1993, rising faster than imports, which meant that economy was far better than had been predicted. It is thought that export led growth will be sustained in 1995 helped by the competitive exchange rate, lower unit labour costs, no capacity shortages and economic growth prospects in the major markets, especially continental Europe. Traditional manufacturing areas such as the Midlands, the North, Wales and Scotland will perform best in 1995.
Publication Name: The Director
Subject: Business, international
ISSN: 0012-3242
Year: 1995
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The continental divide: E-commerce may be borderless, but Europe's half-hearted use of online shopping suggests that if it is to be successful her, e-commerce will have to be adapted to our high-street habits
Article Abstract:
E-commerce is at the embryonic state of development in Europe. The amount of share trading over the net in Europe is insignificant, although internet banking is taking off in Scandinavian countries. European e-commerce is likely to be more closely linked to the high-street stores than in the US, and back-up service will be more important in Europe. E-commerce in Europe is likely to remain more fragmented than in the US.
Publication Name: The Director
Subject: Business, international
ISSN: 0012-3242
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
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