Massive redundancies threaten to end labour market miracle of the Nineties

Article Abstract:

The UK looks set to experience a period of rising unemployment following 10 years of almost continuous declines in unemployment. Some 105,000 redundancies have been announced so far in 2001, and this could have a negative impact on consumer confidence.

Unemployment, Economic aspects

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Is it deflation or inflation we should fear most in 1998?

Article Abstract:

There are likely to be significant differences in economic growth between different regions of the world in 1998. Growth is expected to slow down in the US from the 1997 level of almost 4%, but this level will still be much higher than in Asia. Economic growth will also slow in the UK, but economists are divided about the extent of the slow-down. Leading forecasters expect the UK stock market to have risen by more than 10% by the end of 1998.

Forecasts and trends, Economic development, International economic relations

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Railtrack faces a turning point

Article Abstract:

The UK government will have to accept that there will only ever be four or five profitable railway companies, according to Railtrack Chief Executive Gerald Corbett. He believes that the remaining railway companies will continue to require subsidy, and that the allocation of this subsidy will therefore remain a significant issue. Railtrack wishes to expand from its core base, and Corbett believes that opportunities could include making acquisitions in Europe.

Comment:

Has reported that only a handful of profitable railway firms will remain after consolidation

United Kingdom, Government regulation, Offices of Other Holding Companies, Railroad Holding Companies, Officials and employees, Network Rail Infrastructure Ltd., Railroads, Company Profile, Railroad employees

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