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May 31, 2005

Workers face burn-out

Link: Workers face burn-out
Filed under: Business News

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According to research by human resources consultancy Hudson, over 50% of British workers have experienced symptoms of overwork and burn-out in the last six months. One third said they had suffered exhaustion and over a quarter had been unable to sleep or had ...

 



Kinnock declares EU constitution dead

Link: Kinnock declares EU constitution dead
Filed under: Business News

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In an interview on Radio 4’s Today programme, Ex-European Commissioner Neil Kinnock said that the treaty on the EU constitution is ‘dead’ after 55% of French people voted ‘No’ in Sunday’s referendum. Lord Kinnock said that the UK government could not express that view ...

 



Asda chases Tesco

Link: Asda chases Tesco
Filed under: Companies News

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Supermarket group Asda, which is owned by Wal-Mart, is planning to expand its home shopping service by 100% this year, to compete with rival retailer Tesco. Asda launched over £100m of price cuts in April. It has invested over £7m in ...

 



CBI recommends pension reform

Link: CBI recommends pension reform
Filed under: Pensions News, Business News

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Employers’ organisation, the CBI, has suggested that the second state pension (S2P) should be reformed in order to increase the pension available to lower-paid workers. The CBI estimates that reform could increase the retirement income of someone earning £20,000 a year ...

 



BT tackles Rogue Diallers

Link: BT tackles Rogue Diallers
Filed under: Business News

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Telecoms company BT has launched free software and an early warning system, to combat the problem of rogue diallers, following complaints from over 80,000 of its customers. Rogue diallers are programs which dial a premium rate number via a user’s modem, when a user ...

 



May 30, 2005

China challenges European textile tariffs

Link: China challenges European textile tariffs
Filed under: Economy News

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China’s commerce minister announced on Monday that threats from the United States and the European Union to put quotas on Chinese textile exports, his country has decided to abandon limits on exports to the United States and the European Union. Beginning Tuesday, tariffs ...

 



Airline industry struggles with falling profits

Link: Airline industry struggles with falling profits
Filed under: Business News

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The director general of the International Air Transport Association told the annual meeting of his organization on Monday that high oil prices are “destroying” the profitability of airlines worldwide. Fuel costs, which have risen by $39 billion in two years, are around 22 ...

 



UK consultants to monitor blogs and forums

Link: UK consultants to monitor blogs and forums
Filed under: Internet News

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UK consultancy firm Netrank is currently talking with several pharmaceuticals companies, including Johnson & Johnson, GlaxoSmithKline, and Pfizer, trying to sell them on the firm’s software meant to monitor internet forums and blogs to discover what people are saying about the drug makers’ ...

 



May 29, 2005

Over 55s taking to the internet

Link: Over 55s taking to the internet
Filed under: Internet News

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Two polls marking Silver Surfers' day show that technologies such as the Internet, are considered essential by older people. Over 50% of over-55s online say the net gives them a new lease of life, 7% use the Internet to try to meet a ...

 



Big business raises climate change concerns

Link: Big business raises climate change concerns
Filed under: Business News

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The heads of the 12 leading firms, including BP, Shell and HSBC Bank, have written to the prime minister asking for long-term policies to be introduced, to deal with climate change. The industrialists say that climate change is a major challenge, which will need ...

 



Blair and Berlusconi agree to increase on aid to Africa

Link: Blair and Berlusconi agree to increase on aid to Africa
Filed under: General News

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At a meeting in Rome, Prime minister Tony Blair and Silvio Berlusconi, the Italian prime minister, agreed to increase aid to Africa and address climate change. The meeting was the final stage of talks before the G8 industrialised nations meet at Gleneagles in ...

 



Microsoft to reveal virutal earth for business

Link: Microsoft to reveal virutal earth for business
Filed under: Search Engine News

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Microsoft, the world's largest software company, is planning to reveal its "Virtual Earth" site in the US this summer. Users of “Virtual Earth” will be able to search their local areas for a range of amenities, including shopping malls, cinemas and small businesses ...

 



May 27, 2005

Housing market retains weak pulse

Link: Housing market retains weak pulse
Filed under: Property Market News

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Banks have recorded a significant increase in the number of new mortgages approved, indicating that the housing market could be stabilising. According to figures from the British Bankers Association (BBA), a total of 191,857 new mortgages, worth £17.2 billion were approved during ...

 



May 26, 2005

Association of American University Presses concerned at Google print project

Link: Association of American University Presses concerned at Google print project
Filed under: Legal News, Google News

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The Association of American University Presses, which represents 125 non-profit-making academic publishers, is concerned that Google’s plan to put university libraries online, could breach copyright rules. Google's £110m project, involves putting 15 million volumes online from the libraries of Stanford, ...

 



CBI lowers economic growth estimate

Link: CBI lowers economic growth estimate
Filed under: Economy News

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The Confederation of British Industry (CBI) has reduced its estimate for UK economic growth in 2005, from 2.7% to 2.5%, after its latest manufacturing survey showed a large increase in pessimism. Manufacturers were less optimistic about output levels than at any time in ...

 



Peter Mandelson talks down resistance to Chinese imports

Link: Peter Mandelson talks down resistance to Chinese imports
Filed under: Business News

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Peter Mandelson, the European Union’s Trade Commissioner said, in an interview for BBC’s Newsnight programme, that any measures to reduce Chinese textile imports will be temporary. They would aim to give European firms time to adapt to the changes in trade ...

 



Tony Blairs calls for end of “compensation culture”

Link: Tony Blairs calls for end of “compensation culture”
Filed under: Legal News

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Speaking to the Institute of Public Policy Research, Prime Minister Tony Blair called for an end to compensation culture in the UK, saying it put undue pressure on public organisations. He said that there should be a more realistic attitude towards risk. The ...

 



Elite Torrents shut down over Star Wars III piracy

Link: Elite Torrents shut down over Star Wars III piracy
Filed under: Internet News

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US federal agents on Wednesday shut down the Elite Torrents network and seized its main server over the appearance there of illegal copies of Star Wars: Episode III - Revenge of the Sith hours before the film appeared in theatres last week. The ...

 



Barclays warns on consumer debt problems

Link: Barclays warns on consumer debt problems
Filed under: Companies News

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Shares in Barclays fell by over 4%, after the bank issued a trading statement for the quarter to March 2005, reporting that consumer bad debts were worse than expected. On a positive note, good profits growth was recorded during the first quarter. Barclays ...

 



Chirac makes crisis address over EU Constitution

Link: Chirac makes crisis address over EU Constitution
Filed under: Business News

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In a 10-minute television address to the French people on Thursday, president Jacques Chirac said that a united Europe could better deal with issues of terrorism, as well as with environmental and economic challenges, as he urged a “yes” vote on the European constitution ...

 



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