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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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Bank of England upgrades forecasts

Category : Business

The Bank of England upgrades its economic growth forecast, but separate figures show a rise in UK unemployment.

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Currys and PC World see rising sales

Category : Business

Dixons Retail, the owner of Currys and PC World, reports growth in sales in the last 12 months.

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iCan Benefit Expands to Miramar

Category : Stocks, World News

Health Care Reform Drives Florida Company’s Rapid Growth

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Triple Point Named "ETRM Software House of the Year" by Energy Risk Magazine

Category : World News

Recognized for Customer Growth and Innovation

Follow this link: Triple Point Named "ETRM Software House of the Year" by Energy Risk Magazine

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BG Group Plc (BRGYY: OTCQX International Premier) | BG Group Strategy Update – 14 May 2013

Category : Stocks, World News

BG Group Strategy Update

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UK economy picking up, surveys suggest

Category : Business

CBI sees signs of rising business confidence, while Lloyds data shows growth in seven of England’s nine regions

Britain is starting to see green shoots of recovery as business activity picks up, companies continue to hire new staff and consumers start to spend again.

A series of surveys published on Monday suggest the UK is on the road to recovery after its double-dip recession, providing a boost for chancellor George Osborne.

Business lobby group the CBI expects the economy to grow by 1% this year and 2% in 2014. That contrasts with the IMF, which recently slashed its growth forecast for the UK from 1% to 0.7%, and suggested Osborne should rethink his austerity programme.

The CBI has consistently supported the chancellor on austerity, although it has called for more measures to boost growth. John Cridland, director general of the CBI, said on Monday: “The UK economy is moving from flat to growth.”

But he warned that the country continues to face big challenges. “Although recent data suggests rising business confidence, the economic climate remains tough, hampering demand here and overseas. Meanwhile, consumers remain under pressure, as inflation continues to outstrip wage growth.”

In April, business activity grew at its fastest rate in eight months, according to Lloyds TSB’s purchasing managers’ index. The PMI – which is based on data from 1,200 manufacturing and services companies – came in at 52.2 in April, up from 51.6 in March, moving further above the 50 mark that separates growth from contraction.

The survey showed growth in seven of England’s nine regions, led by Yorkshire & Humber with a reading of 55.7. Only the West Midlands and the North East reported a slight reduction in business activity, hit by a weaker performance of the manufacturing sector and spending in those regions.

Elsewhere, it seems Britons are going out more and parting with their cash, cheered by the warm weather. Barclaycard said spending rose 3.6% last month compared with April last year, led by 21% growth in spending on cinema and theatre tickets. Restaurants also benefited with an 11% increase in spending, as did DIY stores, up 8.5%. Growth in spending online continued to outstrip the high street, up 11.7% on last year, compared with just 1.7% in bricks and mortar shops.

Valerie Soranno Keating, chief executive of Barclaycard, said: “Although economic data is generally mixed, this is the first time since 2011 that we’ve seen growth above 2% for three consecutive months, which may suggest a more sustained improvement in sentiment.”

A forward-looking survey of the jobs market suggests it too is looking healthy, with growth in employment set to continue in the second quarter. The Chartered Institute of Personnel and Development said more employers are expecting to increase headcount than those who intend to cut jobs, with a balance of +9, up from +5 for the previous quarter.

Gerwyn Davies, CIPD labour market adviser said: “Even though last month’s official figures showed a slight dip in the level of employment, these findings suggest that further employment growth is possible.”

But he notes that the number of jobs being created may fail to keep pace with the population growth, meaning unemployment could still rise.

VIDEO: Whisky sales fuel copper stills boom

Category : World News

Growth in whisky sales is fuelling demand for stills hand-made by coppersmiths in Scotland.

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You’ve got fail! AOL down nearly 10%

Category : Business

AOL posted decent growth in online advertising sales. But profits missed forecasts and investors were not pleased.

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China’s trade growth accelerates

Category : Business, World News

China’s trade growth accelerates in April, beating analysts’ expectations, a positive sign for the country’s fragile economic recovery.

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Severn Trent PLC (STRNY: OTCQX International Premier) | Frost & Sullivan Hails Severn Trent Services’ Technology Leadership of Water and Wastewater Disinfection Systems Market

Category : Stocks, World News

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Frost & Sullivan Hails Severn Trent Services’ Technology Leadership of Water and Wastewater Disinfection Systems Market

The company is a pioneer of stable, safe and sustainable electrochlorination products

PR Newswire

LONDON, May 8, 2013

LONDON, May 8,

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