by | Sep 28, 2010 | Towing
A jump in government spending helped fuel the UK’s economic growth in the second quarter, the country’s Office for National Statistics said.
Government spending grew 1% in the quarter, the fastest rate in over a year, Bloomberg News reported. This contributed to economic growth of 1.2% for the quarter.
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The Conservative-led coalition government is preparing tax increases and budget…
Continue reading Increased Government Spending Fuelled UK Economic Growth
Increased Government Spending Fuelled UK Economic Growth originally appeared on DailyFinance on Tue, 28 Sep 2010 07:45:00.
Filed Under: Economy, Taxes, Currency
by | Sep 23, 2010 | Towing
Virgin Group Ltd, founded by U.K. tycoon Richard Branson, plans enter the hotel industry.
Virgin will spend as much as $500 million on high-end hotels aimed at “high income, well-educated, metropolitan ‘creative class'” customers, Bloomberg News said. The company is scouting for locations in cities including New York, San Francisco and Miami.
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The U.S. hotel industry is recovering from…
Continue reading Virgin Group to Enter Hotel Industry
Virgin Group to Enter Hotel Industry originally appeared on DailyFinance on Thu, 23 Sep 2010 07:39:00.
Filed Under: Company News, Economy, People, Investing, Real Estate, Retail
by | Sep 20, 2010 | Towing
The U.K.’s triple-A credit rating is safe, thanks to the government’s austerity measures and a flexible economy, rating agency Moody’s said. The rating agency said the government’s deficit-reduction measures, continued economic growth and the long maturity profile of the country’s debt all support the credit rating, Reuters reported.
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Britain’s economy faces obstacles including…
Continue reading Moodys: U.K. Credit Rating Is Safe
Moodys: U.K. Credit Rating Is Safe originally appeared on DailyFinance on Mon, 20 Sep 2010 08:26:00.
Filed Under: Economy, Investing, Credit
by | Sep 13, 2010 | Towing
Package-delivery company United Parcel Service (UPS) is launching its largest ever marketing campaign to promote its logistic business to small and medium- sized companies looking to export their products.
For years, the company has been known worldw…
by | Sep 13, 2010 | Towing
Package-delivery company United Parcel Service (UPS) is launching its largest ever marketing campaign to promote its logistic business to small and medium- sized companies looking to export their products.
For years, the company has been known worldw…
