Used chewing gum being left on streets is a common problem, and an expensive one to clear up, but one company has a solution – recycling.» Read More
The UK's credit rating is four notches too high at present, and should be downgraded to A , John Hydeskov, senior analyst at Danskebank, told CNBC. The analyst predicted that the UK would be formally downgraded in 2012, as a result of falling real growth and rising national debt.
Shoppers in the UK are in a worse place than during the last recession, the group finance director of one of the country's biggest supermarket chains told CNBC Thursday.
Remember the collapse of Lehman Brothers ? Europeans certainly do. As Europe struggles to contain its government debt crisis, the greatest fear is that one of the Continent’s major banks may fail.
George Osborne should drop the 50p top rate of income tax “at the earliest opportunity” to boost growth, according to 20 high-profile economists writing in the FT.
European shares fell sharply on Monday amid renewed fears over the euro zone debt crisis and a warning from Deutsche Bank’s CEO on the outlook for banks.
With the financial system facing renewed stress and global growth faltering economists at Goldman Sachs are predicting Britain will embark on a second round of quantitative easing in the coming months.
The austerity measures implemented by British finance minister George Osborne risk pushing the UK economy into recession, Bill Gross, the manager of PIMCO, said in an interview with the Times newspaper.
Without "major surgery" on companies' annual reports, investors' trust will continue to diminish, impacting on growth, James Roberts, a partner at accountancy firm BDO, said as his firm released new research showing reports remain a crucial influence when it comes to investment decisions.
The British Chamber of Commerce cut its growth forecasts for the UK for this year and next and said the weaker-than-predicted economy means interest rates will have to stay low longer than expected.
"Inflation fears at the start of the year were always something I was skeptical about and which I always thought were overdone," Bob Parker, senior advisor at Credit Suisse, told CNBC. However, he added he was concerned that inflation could become an issue in 2013.
Germany is playing a cat and mouse game with less successful European economies as negotiations over the euro zone crisis continue at the country level, Giles Keating, head of research at Credit Suisse, told CNBC Friday.
Short sellers and securities lenders have remained calm in spite of controversial short selling bans for bank stocks introduced in Europe this month, the FT says.
Companies face a scramble to hire talented executives with Chinese experience to join their boards as the focus of UK business shifts increasingly towards the east, the FT reports.
Despite the widespread gloom, the consensus is that Britain will not re-enter a recession, Norma Cohen writes in the FT.
UK households saw their finances deteriorate faster than during the height of the recession in 2009 in August, a survey showed on Monday, in a sign that the economic recovery remains fragile in the country as prices rise and incomes fall.
Executives from Hewlett Packard will meet UK Business Secretary Vince Cable next week to discuss the 7.1 billion pounds ($11.7 billion) takeover of Autonomy, one of the UK's biggest software companies.
Traders in the City of London, one of the financial districts of the UK capital, see a market environment where trust has all but evaporated and the best course of action is often to do absolutely nothing.
Investors are looking for any safe haven in a storm — it's time for your FX Fix.
Banking regulators should consider temporarily lowering capital requirements in an effort to boost the feeble supply of credit to the economy, according to a top official at the Bank of England, the FT reports.
The Metropolitan Police arrested another suspect as part of their investigations into phone hacking at the now closed News of the World newspaper, London's Metropolitan police said on Thursday.