Posts Tagged ‘Business’

Spanish Spending Cuts Will Total 27bn Euros In 2012, Government Announces

Spanish Spending Cuts Will Total 27bn Euros In 2012, Government Announces

Spain is cutting 27bn euros from its budget in 2012 as part of one of its harshest austerity initiatives in history, the country’s government has announced. Changes are to include freezing salaries for public sector workers, and lowering departmental budgets by 16.9%. Spain’s Deputy Prime Minister, Soraya Saenz de Santamaria, said the country was in [...]

Prices Of First-class Stamps In The UK Set To Rise To 60p

Prices Of First-class Stamps In The UK Set To Rise To 60p

The price of a first-class stamp in the UK will increase from 46p to 60p from the 30th of April this year, after the regulator lifted some of the price controls on Royal Mail. Prices of second-class stamps will also rise – they will move from 36p to 50p, just 5p beneath the top price [...]

Small Businesses Now Able To Advertise On Twitter

Small Businesses Now Able To Advertise On Twitter

Twitter has officially launched its self-service ad program for small companies this week. Plans for the new resource were announced earlier in the year as Twitter’s answer to AdWords, by Google (Public, NASDAQ:GOOG). According to a number of recent reports, representatives of Twitter have revealed that only a small number of businesses will be able [...]

Oil Prices Rise Despite Saudi Arabia’s Promise To Increase Supply

Oil Prices Rise Despite Saudi Arabia's Promise To Increase Supply

Prices of oil have risen as concerns over supply overshadowed a pledge from Saudi Arabia, which came on Tuesday, that it would increase its output by a quarter if necessary. In an effort to lower worries, the Saudi Arabian oil minister, Ali al-Naimi, said on Tuesday that Saudi Arabia is “ready and willing to put [...]

Former News International Chief Executive Arrested In Hacking Investigation

Former News International Chief Executive Arrested In Hacking Investigation

Rebekah Brooks, the former chief executive of News International (Public, NASDAQ:NWSA) and former editor of both the Sun and News of the World, was arrested this week on suspicion of conspiring to pervert the course of justice. Five men were also detained along with Mrs Brooks, as the investigation into the phone hacking scandal at [...]

Retail Sales In the US Rise By The Greatest Amount For Five Months

Retail Sales In the US Rise By The Greatest Amount For Five Months

In February, US retail sales increased by the biggest amount for five months, latest US Commerce Department figures have revealed. The rise was largely fuelled by increased demand for vehicles. Sales went up by 1.1% last month, compared with the upwardly-revised 0.6% increase for January of this year. The figures showed that car and truck [...]

LivingSocial Set To Launch Credit Card

LivingSocial Set To Launch Credit Card

LivingSocial, the second-biggest daily deals business, has announced that it is planning to launch its first credit card in upcoming months. The move is designed to help vendors attract repeat business from customers, Chief Financial Officer John Bax said last week. The card, which is set to have no annual fee, will be offered with [...]

Small American Firms Believe Big Corps Don’t Pay Enough Taxes

Small American Firms Believe Big Corps Don’t Pay Enough Taxes

Owners of small businesses in the United States don’t think large corporations, and the wealthiest American citizens, are paying their fair share of taxes, a recent survey has discovered. A nationwide survey by the American Sustainable Business Council, Main Street Alliance and Small Business Majority, found that 67% of small enterprise owners think big corporations [...]

UK Petrol Price Reaches Record High

UK Petrol Price Reaches Record High

The average price of unleaded petrol in the UK recently hit a record high of 137.44p per litre, industry analysts Experian Catalist have said. The new record level, which came towards last month’s end, is just above the average of 137.43p which was reached last spring. Petrol prices have been pushed upwards by prices of [...]