Friday, 16 December 2011

UK News


City AM. Public satisfaction in the Bank of England’s managing of inflation has plummeted to the lowest level since records began in 1999. The net proportion of respondents satisfied that the Bank is "doing its job to set interest rates to control inflation" collapsed to +9.0% in a survey conducted last month, down from +16% in August.

Telegraph. Begbies Traynor, the insolvency specialist, said more companies than it hoped for managed to stay afloat this year but it would only be a matter of time before many of them, particularly in the retail sector , "faced the inevitable" and hit the wall." 

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