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The British government has claimed a victory in its efforts to bring European Commission rules on telecoms liberalisation in line with its own, but admitted that the UK has fallen behind Germany in terms of implementation. Patricia Hewitt, the e-commerce minister, said that most member states had agreed to amend
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Despite a record high trade deficit in July, caused by a fall in exports, provisional figures for August suggest that exports have rebounded. The widening trade deficit was mainly due to weak trade with countries outside the European Union, but estimates show that exports have now cut the deficit to
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Britain's business schools are under scrutiny from government leaders and industry experts, who are concerned that they are not producing high-quality managers for the country's top companies. At the heart of the issue is the perception that management education in the UK is not taken seriously,
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The past decade has seen a significant increase in demand for management education in the UK, with a proliferation of programs and short courses. This growth has led to a highly competitive market, with schools facing new challenges in terms of maintaining quality and relevance. According to John Quelch, dean
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Ireland's GDP per head has surged to third place in the EU, trailing only Luxembourg and Denmark, while Britain has risen from 11th to 10th place in the last decade. The UK's good employment record is contrasted with its poor productivity performance, which is partly due
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Freeserve, the internet service provider, has priced its consumer offering for broadband access in line with British Telecommunications at Pounds 39.99 per month, with a Pounds 150 set-up charge. This pricing model is expected to limit the accessibility of the service to most consumers, with Freeserve acknowledging that the
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Following almost two years of disputes between British Telecom and third-party carriers, the UK telecoms regulator Oftel has published the charging principles for unbundled local loop access. According to the report, "Access to Bandwidth: Conclusions on Charging Principles and Further Indicative Charges," Oftel has laid down the principles
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The UK has been at the receiving end of pressure from European and Asian investors regarding its decision to opt out of the euro. However, in a surprising turn of events, Japanese investors like Honda and NEC have expressed their willingness to invest in the UK, fuelling the debate on
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Japanese car maker Honda has announced plans to double its UK car production and export its new three-door Civic model to Japan. The company will shift its entire production of the Civic model to its Swindon plant in Wiltshire, creating a significant boost to Britain's beleaguered car industry.
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Concerns have been raised for the thousands of motor component suppliers in Britain after Toyota, Japan's largest carmaker, announced that it would require UK suppliers to conduct business in euros for contracts related to its replacement for the Burnaston-built Avensis. The news comes as a blow to the
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Inchcape, the world's biggest independent automotive distributor, has seen its headline profits decline by more than a quarter in the six months to June 30, dropping from £40.9m to £30m. Despite this, Chief Executive Peter Johnson remains optimistic about the company's future prospects, citing a
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Tony Blair was told by the President of Matsushita Electric Industrial Company that the UK must make up its mind on the euro or face a loss of foreign companies, including Japanese firms. The warning comes as the world's largest consumer electronics maker has already shifted TV production
