Close X

Leave a comment


Name:
Email:
Comment:
  I have read and understand the terms and conditions
 

Please click the post button only once - your comment will not be published immediately

Finance and banking

FEATURED CONTENT

Smith & Williamson

Enabling entrepreneurs

Smith & Williamson is a great business. To realise your full potential, discover the benefits of working with people who really care.
Click here for more

  • hot

Fears of deep recession grow

by Catherine Woods - Wednesday, 12th November 2008 -

Fears of deep recession grow

Further interest rate cuts seem on the cards after a projection from the Bank of England suggesting the economy will shrink by 2 per cent next year and inflation will fall below 1 per cent in 2010.

A gloomy Mervyn King says he doesn’t know how bad 2009 will be. He’s quoted in the Guardian as saying: "It's almost certain that output will fall in both the third and fourth quarters of this year, and I don't know where it will go after that.

Inflation currently stands at 5.2 per cent but is now widely believed to be on the way down , providing relief for small business owners such as Grazing managing director Sam Hurst.

“Inflation is one of my major concerns but I’m less concerned about it now compared to two months ago. Prices seem to have stabilised recently,” he says.

Sterling has dropped following the bank's report.

Related articles
Interest rates: the impact on sterling
King admits UK is headed for recession
FDs dish out pay rises

Picture source

BUSINESS NEWS >>

Businesses to run in a recession: part three

By Rebecca Burn-Callander - July 02, 2009 4:43pm GMT

Even in a recession, a good entrepreneur is always on the look-out for the next hot spot. Don’t wait around for the upturn. These are the businesses you want to be in now.

Access takes another step towards sales target

By Catherine Woods - July 02, 2009 4:33pm GMT

Access founder Alistair O’Reilly has embarked on a “brand elevation” exercise as he aims to grow turnover at his consulting and software company to £100m.

Tech entrepreneur: "The banks won't lend you an umbrella when it rains"

By Rebecca Burn-Callander - July 02, 2009 4:22pm GMT

At a roundtable hosted by Dell this morning, Real Business heard three technology entrepreneurs talk about the challenges of growing a business during the recession. People aren't the problem, they say. It's the mindset of banks and other financial institutions that needs to change if we're to come out of recession.

Government fund provides a "timely injection of capital"

By Catherine Woods - July 02, 2009 4:06pm GMT

Octopus Ventures, which invests in entrepreneurial businesses, has welcomed the governments’ proposed £1bn innovation fund, saying it will support entrepreneurialism.

Businesses confident about surviving recession

By Catherine Woods - July 02, 2009 2:36pm GMT

Most mid-size businesses believe they will survive the recession and most believe the downturn will end during the next 12 to 24 months.

Brochures on Saving and investing

BUSINESS COMMENT >>

Sir Alan Sugar: "You're hired!"

By Rebecca Burn-Callander - July 01, 2009 1:12pm GMT

Great piece by The Telegraph's Richard Tyler today about the confirmed appointment of Sir Alan Sugar to the post of enterprise tsar. "A tentative date of July 20th has been pencilled in for his hairiness to don the rabbit fur," he says.

Pre-stained underwear: the next big thing?

By Rebecca Burn-Callander - June 22, 2009 2:54pm GMT

That's right. "Pre-stained". Suspend your disbelief for a moment. Canadian entrepreneur Philip Watson founded Easy Tiger Corp to peddle underwear that has been - ahem - ready-soiled, shall we say. And he reckons these nasty knickers will be a surefire hit with "the dudes".

It can only be... the Friday Funnies

By Rebecca Burn-Callander - June 12, 2009 12:16pm GMT

As swine flu hits the headlines for the second time, the swine flu jokes are just pouring in! Laugh till you oink, readers.

Jokes. Jokes. Jokes.

By Rebecca Burn-Callander - June 05, 2009 12:14pm GMT

Further to popular demand, this week we're devoting a whole section of our jokes blog to our hapless prime minister, Gordon Brown.

Cassetteboy does The Apprentice

By Rebecca Burn-Callander - June 01, 2009 2:34pm GMT

Hats off to Broadbean MD and Real Business columnist Dan McGuire for scouting this out. An even darker side to Sir Alan Sugar is revealed in this daft mash-up.

Business Comment 

Click here to sign up for the Real Business newsletter Click here to subscribe to the Real Business RSS feed

In accociation with
Real Business Front Cover