UK: INFLATION RATES UNDER PRESSURE
Article Abstract:
Income Data Services has revealed that rising pay levels will put the Government's inflation target under pressure as workers are pushing for wage settlements of over 4%. London Underground, and Nationwide Building society have already set benchmarks of 4%. Falling unemployment will mean a greater emphasis on benefits in order to improve recruitment processes. However, the benefits of the tight labour market are not being shared amongst workers. Liverpool and Middlesborough are suffering claimant rates of over 8%, whilst the South-east is showing less than 1%. This means that the Bank of England's Monetary Policy Committee is expected to keep interest rates on hold.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2000
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Small business is fighting back: big banks face challenges over heavy charges on little firms
Article Abstract:
The business accounts offered by UK banks often carry heavy charges. Small firms should consider using a high-interest account or looking at some of the special deals available, such as Bank of Scotland's DirectBusiness account.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2001
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Should you invest in ... banks?
Article Abstract:
Investment experts believe that the UK's long-established banks offer better investment prospects than the former building societies. Some experts particularly favour the Bank of Scotland and the Royal Bank of Scotland. Banks are currently producing acceptable rates of return on equity, but more difficult economic conditions in the future will prompt investors to become more cautious. Some experts believe that this will make consolidation inevitable in the longer term.
Comment:
Has been given favorable investment prospects by advisors
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1999
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