Business News

The 2009 search for green companies

IKEA and Syngenta are from different areas of industry with different businesses. However, both businesses adopt policies to enable their customers and suppliers to participate in sustainable practices. IKEA's aims are that all the products and materials it takes from the primary sector do not harm the environment, such as...
Business News

Revival of Rubik’s Cube

A new product has a cycle - it is developed, it hits the market, becomes a 'must have', achieves an amazing sales growth and then loses its popularity and sales go into decline. This is what happened to Rubik's Cube following its invention in 1974 by Erno Rubik. However, the product...
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...
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