Factories see healthy rate of growth

first_img Read This NextNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof Factories see healthy rate of growth by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comDrivepedia20 Of The Most Underrated Vintage CarsDrivepedia whatsapp Share KCS-content center_img whatsapp Wednesday 8 September 2010 8:16 pm Show Comments ▼ Tags: NULL BRITISH manufacturing production expanded at a robust pace in July, recording the strongest annual growth rate since the end of 1994, official data showed yesterday. Manufacturing production was up 4.9 per cent on the year, while the monthly rate held steady at 0.3 per cent. The wider industrial production measure also grew 0.3 per cent in July on the previous month, taking the annual growth rate to 1.9 per cent. But while economists cheered the upbeat manufacturing figures, they warned that the sector was likely to run out of steam in the third quarter.Andrew Goodwin, senior economic adviser to the Ernst & Young ITEM?Club, said: “We are likely to see activity cool as the second half of the year progresses, as the boost from firms rebuilding their stocks begins to fade and the pace of the global recovery slows. But this doesn’t mean that a double dip is a prospect, rather a period of slower, patchy growth.”Goodwin added that the strong annual growth rate must be put in context of the 15 per cent fall in manufacturing output during the recession. “It looks like it will take another three years for the sector to regain previous peaks,” he warned. Economists also pointed to the timelier purchasing managers’ surveys, which show weaker expansion. “Should the surveys continue to soften over the coming months, there would be a real danger that the industrial recovery grinds to a complete halt in the fourth quarter and beyond,” says Capital Economics’ Jonathan Loynes. last_img read more

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CWW secures an £82m government contract win

first_img KCS-content whatsapp whatsapp Share Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Tuesday 14 September 2010 8:23 pmcenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com CABLE & Wireless Worldwide (CWW) yesterday announced an £82m, five year contract to supply a telecoms network for the Foreign and Commonwealth Office (FCO).The firm hopes the deal will act as a jumping block for other government departments to separately contract to user the network.The contract represents around five per cent of CWW’s total UK public sector income and has been seen as a positive sign for the firm, which has been hit by the drop in government tenders.The deal will save the FCO an estimated £90m over the course of the contract.Jerry Dellis, an analyst with Jefferies International, said the deal suggests CWW has scope to grow in the public contract sphere. CWW secures an £82m government contract win Show Comments ▼ Tags: NULLlast_img read more

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UK triple-A credit rating maintained

first_img More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comWhy people are finding dryer sheets in their mailboxesnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.com UK triple-A credit rating maintained Tags: NULL Show Comments ▼ whatsapp KCS-content CREDIT ratings agency Moody’s has maintained Britain’s triple-A status, citing the coalition government’s commitment to fiscal discipline and the flexibility of the UK economy.In a major coup for the coalition government, Moody’s said its deficit-cutting plans, the long maturity profile of UK government debt and the likelihood that growth will continue even in the face of “austere fiscal consolidation” all supported a triple-A rating.Kenneth Orchard, Moody’s lead analyst for the UK said while the global financial crisis caused “serious long-term damage” to the UK’s balance sheet, the economy would maintain a moderate pace of growth over the medium term. Private sector deleveraging, the uncertain state of the financial sector and slower growth in the UK’s main trading partners were still concerns, he warned. But Orchard said the budget would be in surplus by around 2014, and that the restructuring of the country’s banking sector would only incur small additional costs.The government welcomed the news. “This supports the government’s approach to cutting the deficit,” said a Treasury spokesman. Monday 20 September 2010 9:21 pm Share whatsapplast_img read more

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BDO: Quantitative easing needed to stimulate UK’s economic growth

first_img Show Comments ▼ BDO: Quantitative easing needed to stimulate UK’s economic growth whatsapp KCS-content Share Read This Next’Kevin Can F**k Himself’: Here’s Why Only Allison and Patty Are SeenThe Wrap20 Stars Who’ve Posted Nude Selfies, From Lizzo to John Legend (Photos)The Wrap’Batwoman’: Wallis Day on Circe’s ‘Deranged’ Warpath and the Key to SavingThe Wrap’Godzilla vs Kong’ Reaches $100 Million in US After Grossing $250,000 inThe WrapJoin a Conversation on ‘Cancel Culture in Comedy’ with Maz Jobrani, SkyeThe WrapAnya Taylor-Joy, Ralph Fiennes Join Searchlight’s Dark Comedy ‘The Menu’The WrapAfter ‘Black Widow,’ Kevin Feige Leaves Open the Possibility of OtherThe Wrap’Pose’ Creator Steven Canals on Life After His Groundbreaking Show: ‘I’mThe Wrap’The Boys’ Star Aya Cash Took Inspiration From YouTube, TikTok and SteveThe Wrap by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryNoteabley25 Funny Notes Written By StrangersNoteableyTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comHistorical GeniusHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeHistorical Geniuscenter_img whatsapp FINANCIAL services firm BDO has called for an extra £50bn to be pumped into the economy through quantitative easing to maintain the economic recovery.The firm backed MPC member Adam Posen’s call for more quantitative easing in the fourth quarter.BDO’s Business Trends forecast is predicting slower than expected growth for the first half of 2011, which it says could derail the government’s spending cuts programme.The forecast goes against predictions made in the Comprehensive Spending Review (CSR), which expects growth of 0.5 per cent in the first quarter of 2011 and 0.6 per cent in the second quarter, with economic conditions continuing to improve going forward.But BDO warns growth in the UK economy could grind to a halt in the first quarter of 2011 and suffer negative growth in the second.Peter Hemington, a partner at BDO, said: “We are worried that it is already beginning to look as if the government’s growth figures don’t stack up. “The key risk for the CSR is that economic growth is much more fragile than we thought a few months ago. The government will be concerned about its credibility with the markets if it signals a desire to back away from its retrenchment programme. “But the balance of risks has clearly changed since the election and the Chancellor would be wise to consider whether he can go slower than planned with cuts.“Posen has called for a new injection of quantitative easing and we believe that he is right. An extra £50bn has to be injected in the economy before the end of 2010 to stimulate the growth we so desperately need.” Tags: NULL Sunday 10 October 2010 11:11 pm last_img read more

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OFT claims new banks face hurdles to high street success

first_imgThursday 4 November 2010 11:27 pm OFT claims new banks face hurdles to high street success KCS-content whatsapp Tags: NULL Sharecenter_img More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comMark Eaton, former NBA All-Star, dead at 64nypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comConnecticut man dies after crashing Harley into live bearnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStorymoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm whatsapp Show Comments ▼ THE OFFICE of Fair Trading (OFT) said yesterday that smaller retail banks face significant challenges when trying to entice customers away from the high street giants. Customers are reluctant to switch banks and remain loyal to existing brands, the watchdog said in a research paper published yesterday. Smaller banks also complained of difficulties in getting approval from the Financial Services Authority, and of higher capital requirements hitting new entrants disproportionately. “A number of firms have recently entered the market, and more are expected to follow,” said OFT executive director for goods, services and mergers Clive Maxwell, in a nod to the newly-opened Metro Bank.“While we found few barriers to setting up, new firms trying to grow in this market face difficulties due to customers’ low levels of switching, loyalty to incumbent providers, and attachment to a local branch.” The OFT also warned that a lack of inter-bank lending following the financial crisis could also hinder the growth of new banking groups. The OFT’s review will be submitted to the Independent Commission on Banking, which was set up by the new government in June to look at competition and stability in the banking market. last_img read more

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Hardy rejects new Beazley bid

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity Timesmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure Solutionthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter CenterBlood Pressure For LifeWhy Doctors May No Longer Prescribe Blood Pressure MedsBlood Pressure For Life Show Comments ▼ Tags: NULL Monday 15 November 2010 4:38 am Hardy Underwriting has rejected a new offer from Lloyds of London insurance group Beazley.Hardy rejected an initial offer three weeks ago. The new offer of 330p a share is up from the 300p a share bid first time round. John Dunne center_img More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comWhy people are finding dryer sheets in their mailboxesnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comConnecticut man dies after crashing Harley into live bearnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com whatsapp Share Hardy rejects new Beazley bid whatsapplast_img read more

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CITY MOVES | WHO’S SWITCHING JOBS

first_imgThursday 25 November 2010 7:59 pm whatsapp Show Comments ▼ CITY MOVES | WHO’S SWITCHING JOBS Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailJournalPregnant Woman Takes a Nap – You Won’t Believe What She Discovered When She WokeJournalZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldGloriousaCouple Had Their Home Demolished Because Of ThisGloriousaTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmAlphaCuteBizarre Hells Angels Rules, #10 Is MandatoryAlphaCuteRest WowCouple Enacts Revenge Towards Neighbor Who Made Their Life HellRest Wowcenter_img KCS-content Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof whatsapp Grant ThorntonGrant Thornton has appointed a new head of retail: Barry Knight. Knight brings 20 years’ of financial advising experience in retail, tourism and travel. He has worked for Littlewoods, Burton Group (now Arcadia Group), Sears, Selfridges, Jaeger and Boots. In his new role at Grant Thornton, he will be leading the retail team to serve clients on a range of matters including audit, tax, restructuring and corporate finance. FoxDaviesFoxDavies has made three new hires in its research and market-making divisions. Shahin Amini will be joining the oil and gas research team, working with Lionel Therond on expansion coverage.Amini has ten years experience in the industry, having worked for Halliburton, BPP Technical Services and Kvaerner Oil & Gas. Paul Singer has also joined as an oil services analyst, moving from Barclays. He has also previously been an equity analyst with BP and ARCO Chemical and has worked for Credit Lyonnais, Enskilda and Morgan Stanley.Juan Alvarez has also been hired for the mining research team from Golder Associates, where he has worked as a mining geologist for seven years. Previously, he worked at Rio Tinto, Anglogold, Terrasearch and Surtec Geosurveys. Prime Rate Capital ManagementPrime Rate Capital Management, a provider of liquidity and fixed income products, has added Annie Norton as an assistant portfolio manager. She will be reporting to Gary Skedge and joins the firm from MF Global’s fixed income team. She has previously worked at Gulf Internationa Bank and RZB London.London Pensions Fund AuthorityLPFA has appointed three new members to its board: councillor Sir Merrick Cockell, Anthony Dalwood and councillor Stephen Alambritis. Tags: NULLlast_img read more

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Portmeirion to lift sales to new record of £50m

first_img More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com whatsapp KCS-content whatsapp Show Comments ▼ BRITISH pottery manufacturer Portmeirion yesterday said annual sales will top £50m for the first time after a particularly strong Christmas.More than £13m of the sales come from Spode and Royal Worcester which were bought from the liquidator two years ago.Chairman Dick Steele said much of the growth came from new designs on old patterns. The best seller was the Christmas Tree Candy Stripe mug of which Portmeirion sold 25,000 at $10 (£6.25) each in the US. The company also performed well in Italy and South Korea. Portmeirion will be hoping for another record year in 2011, with more than 250 products launched, including a collection of Royal Worcester items to commemorate the royal wedding, “for which we have already seen significant demand.” Steele said profits would be in line with recently upgraded City forecasts. Portmeirion to lift sales to new record of £50m center_img Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeFinanceChatterViewers Had To Look Away When This Happened On Live TVFinanceChatterautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.commoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsGameday NewsNFL Hall Of Famers Who Probably Don’t Deserve To Be In CantonGameday NewsMisterStoryWoman files for divorce after seeing this photoMisterStory Thursday 20 January 2011 7:29 pm Tags: NULLlast_img read more

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Interest rates unchanged for 23rd month

first_img Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut alison.lock whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndoBetterBe20 Stunning Female AthletesBetterBeUndo Tags: NULL Thursday 10 February 2011 7:42 amcenter_img Show Comments ▼ Interest rates unchanged for 23rd month Share UK interest rates have been left unchanged again this month at the record 0.5 per cent level.The meeting of the Bank of England’s Monetary Policy Committee is likely to have been fraught and the vote close as the board’s opinion has been divided over how soon to raise rates.This is the 23rd consecutive month without a change in the rates.The Bank is under pressure to raise rates to combat rising inflation, which currently stands at about 3.4 per cent.Investec economists anticipate the consumer price index measurement of inflation to reach 4.3 per cent this week.Economists had expected a one in five chance of a rate rise today. Andrew Goodwin, senior economic advisor to the Ernst & Young ITEM Club, said a rise would have been “a major surprise”.“Throughout the past year the MPC has taken a consistent line that inflation is high because of a series of temporary factors, which will gradually fall away,” he said.“Given that the drivers of the recent surge in inflation – commodity prices and increases in indirect taxes – fall squarely into this category, it is difficult to see how a change in policy could be justified. “Indeed, we calculate that if you strip the VAT effects out of core inflation, you are left with an underlying rate of inflation that is close to one per cent.”The UK would have been the first major advanced economy to tighten policy since the start of the financial crisis if it had raised rates.Last month the BoE surprised markets when new MPC member Martin Weale joined long-standing hawk Andrew Sentance to call for a rise in rates to 0.75 per cent from a record low 0.5 per cent, and other MPC members said their decision was “finely balanced”. whatsapplast_img read more

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Construction activity hits eight-month high

first_img whatsapp Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapKatt Williams Explains Why He Believes There ‘Is No Cancel Culture’ inThe Wrap Construction activity hits eight-month high whatsapp Share Construction activity grew at its fastest pace in eight months in February, boosted by new business, the monthly Markit/CIPS purchasing managers index showed.The headline activity index rose to 56.5 in February from 53.7 in January, confounding analysts’ forecasts for a fall to 52.9.The construction sector suffered a sharp downturn at the end of last year, partly due to the worst December weather in a century, but Markit said February’s data suggested there would be a bounce-back in the first quarter of this year. The survey showed that all three construction sectors recorded growth last month, with civil engineering enjoying the strongest expansion in three years.Homebuilding also increased and commercial building continued growing for the 12 successive month.“The situation is still fragile, however, considering the likely impact of government cuts,” said David Noble, chief executive at the Chartered Institute of Purchasing & Supply.“Concern about the level of bank lending is also having a negative impact on confidence. This is echoed by a further reduction in employment.” Construction firms continued to shed jobs, but at their slowest pace in 8 months and the survey said some companies had reported they were taking on staff to cope with higher workloads.However, input costs rose at their fastest rate since August 2008, driven by oil, fuel and steel. John Dunne center_img Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldSenior Living | Search AdsNew Senior Apartments Coming Nearby Scottsdale (Take a Look at The Prices)Senior Living | Search Ads Tags: NULL Wednesday 2 March 2011 5:07 amlast_img read more

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