Business News

Entrepreneurial opportunities

During these changing economic times there are opportunities for those with an entrepreneurial spirit and new ideas to start up in business. Setting up a new business is a challenge and requires making key decisions. Barclays offers support with this process with its service called Local Business. The following stories...
Business News

The changing face of the high street

The high street is changing. Jim McCarthy, Chief Executive of Poundland, said:"There is a flight to value, no question. Consumer confidence is lower than I have ever known it. People are trying to spend less to maintain their lifestyles. We get a lot more A and B consumers through our...
Business News

Government measures to reduce unemployment

Thousands of workers have been losing their jobs in increasing numbers over the past year due to the effect of the credit crunch on businesses. There is concern that employers will step up redundancies in anticipation of a long, deep recession. The UK government is aiming to prevent the rise...
Business News

The effect of recession on the construction industry

In the news: The effect of recession on the construction industryThe effects of the recession are affecting all aspects of the UK national economy. In December 2008, the construction sector shrank at its fastest pace since records began. The most considerable decline was registered in house building, while the civil...
Business News

The importance of Continuous Improvement

'Continuous improvement' CI is used to address issues and make improvements to processes. It has been reported this week that Microsoft found a security flaw in its default browser 'Internet Explorer' (IE) which may leave the majority of the world's internet users exposed to attacks from hackers looking to steal...
Business News

Retailing promotions

A downturn in Christmas sales could prove disastrous for many high street stores as some depend on the Christmas season for a third of their annual sales. Many are offering 20% to 50% discounts. Some London West End stores have tried opening their doors as early as 7am to try...
Marketing

Market research and product development

Market research is about finding out what customers and consumers think, want or need. Market research helps businesses decide on what new products they will offer. Sometimes research helps to develop a better product to increase market share, as in the case of USA scientists who believe they have come...
Business News

National Consumer Week

This week is National Consumer Week and the theme this year is 'Be a Savvy Shopper this Christmas' - especially important when shopping online.There is currently a downturn in spending in high street stores and many Christmas shoppers are using the internet to look for bargain Christmas presents. Online retailers are...
Business News

Britain facing recession

At a time of global downturn, Britain is facing recession and the Government is taking action on various fronts to try to lessen the impact on the economy.Last month, the government made available a £400 billion rescue package for British banks (Times Online, 12 October 2008)  Last week the Bank of...
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