Business News

Monitoring Dominant Firms and Markets

Monitoring Dominant Firms and MarketsThere are many different authorities promoting and maintaining competitive markets.In the UK the Competition Commission, the Office of Fair Trading, and industry regulators all work to ensure that competition is maintained.Recently there have been reports in the news of the European Commission also exercising its powers...
Business News

The Impact of Flooding

The Impact of FloodingWhen will the summer arrive?  July has seen unusually high levels of rainfall and widespread flooding across the UK. This has led to loss of power and water supplies and extensive damage to buildings and possessions. By Monday 23rd July, the BBC was reporting that '43,000 homes...
Business News

Junk Food

Junk FoodIn April 2007, 'junk food' advertisements were banned during television programmes aimed at young children (BBC, 1st April 2007).The new legislation relates to foods that are high in fat, salt or sugar.From 1st January 2008, the restrictions will be extended to TV shows aimed at children up to 15...
Business News

Using Technology to Fight Crime

Using Technology to Fight CrimeThe cost of crimes against British small and medium-sized companies totalled at least £722m last year, according to research by AXA Insurance (BBC, 15th March 2007).These significant costs increase the incentives for firms to invest in measures to prevent and deter such crimes.There have been several...
Business News

Mission Statements

Mission StatementsOn Wednesday 27th June, Gordon Brown became the new British prime minister after ten years as a serving Chancellor of the Exchequer (BBC, 27th June 2007).After having accepted the ceremonial offer of the position from the queen, Gordon Brown and his wife went to 10 Downing Street, where a...
Business News

Regulations

RegulationsMonitoring changes to Government regulations can be particularly important when planning business operations in some industries.From 6am on July 1st 2007, new regulations were introduced in England to outlaw smoking in enclosed public places, with similar bans having already been introduced in Scotland, Wales and Northern Ireland (BBC Video Clip).Some...
Business News

Market Segmentation

Market SegmentationAre you aware of or have you used web sites such as MySpace or Facebook?These sites are examples of those within the genre of 'social networking' (Wikepedia provides a comprehensive list of others).These are places where individuals can link up with other people online.PhD research undertaken at University College...
Business News

Unions

UnionsThe last few months have seen reports of negotiations with the German telephone firm Deutsche Telekom and the trade union Verdi.In March the phone company reported a large down-turn in profits.Whilst trying to find areas to create sales growth, the firm was also looking for ways to cut costs (The...
Business News

Discrimination

DiscriminationA large discrimination case is currently underway against a major investment bank in London and New York, involving alleged discrimination against 500 women (BBC, 15th June 2007).There have been problems in reporting many of the previous cases because of gagging clauses on settlements, however the BBC has now produced a...
Business News

The Apprentice

The ApprenticeSimon Ambrose has been announced as the surprise winner of the BBC series The Apprentice (BBC video clip). The programme showed the long and arduous selection process that candidates undertook to try and win a £100,000 per year job with Sir Alan Sugar. Whilst Simon's enthusiasm, high academic ability,...
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