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British businesses are being forced to “make do and mend” with old, inefficient equipment, as over half (52 per cent), don’t have the cash to upgrade it. Well over half of small and medium-sized businesses (60 per cent) wait until their equipment breaks down completely before replacing it

Shoppers face a complex and time-consuming task to get the best deal, depending on the store they buy food from and the item involved according to a new booklet 'Public behaviour in the UK in times of economic decline/rising food prices'

EU seeks new tools for measuring economic performance that give more weight to social and environmental aspects of wellbeing

 

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Continuing tough economic conditions demand the Scottish Government be allowed to bring forward further vital infrastructure investment, John Swinney said

 

The Government has secured the long-term future of a tax break designed to help small, high-growth companies to recruit and retain highly skilled employees by gaining State Aid approval from the European Commission

 

Gross domestic product (GDP) in the OECD area stabilised in the second quarter of 2009 (minus 0.002 per cent), according to preliminary estimates, following a fall of 2.1 per cent in the previous quarter

 

Better value for money and millions of pounds of savings could be achieved by Fire and Rescue Authorities (FRAs) joining up to buy goods and services, says a new procurement strategy now published by the Department for Communities and Local Government

 

Growth in unit labour costs remained at 1.0 per cent in OECD countries in first quarter of 2009

 

Lord Mandelson has announced that the Government has agreed to support Airbus with up to £340 million repayable launch investment for the development of the A350 XWB

 

Finland, the Netherlands and Sweden have the lowest prices for mobile phone calls among OECD countries, according to the latest OECD Communications Outlook. The highest were found in Canada, Spain and the United States

 

Insolvency figures now released, show an encouraging take up of Debt Relief Orders (DROs). Aimed at those on low incomes with limited debts, the new scheme has provided huge relief to those who would have faced many years trying to pay off debts without the prospect of any relief

 

Every small business in the UK will now have free access to thousands of lower value government contracts on the Government’s website www.supply2.gov.uk

 

The Government has published annual performance reports for each of England’s Regional Development Agencies (RDAs). They showed that all of the RDAs are meeting the objectives, milestones and targets set out in their corporate plans

 

ECGD, the UK’s official export credit agency, has published its Annual Review and Resource Accounts 2008-09, showing it provided £1.46 billion of support to UK exporters and UK investors undertaking business overseas

 

The Department for Business, Innovation and Skills will take the next step in setting up the UK Innovation Investment Fund (UK IIF) – a venture capital fund of funds to support the UK’s technology companies – just one month after securing cornerstone investment for the Fund

 

Businesses all over England can apply to their local council to defer part of their 2009-10, business rates bills thanks to a new government scheme, Local Government Minister, Rosie Winterton, has announced

 

Sir David Cooksey has been appointed as Chairman of UK Financial Investments Limited (UKFI), the company set up to manage the Government’s stakes in the banks, the Chancellor of the Exchequer Alistair Darling announced

 

A significant package of measures to help UK manufacturers seize the opportunities provided by emerging technologies was launched by Business Secretary, Lord Mandelson

 

Successful manufacturing clusters in the UK regions will now be able to seek an internationally recognised award, in a competition launched by Rosie Winterton, Minister for Regional Economic Development

 

Consumers taking out new deals on credit and store cards and personal loans are set to benefit from enhanced protection. The Department for Business has now published proposals for draft regulations to take forward the implementation of the Consumer Credit Directive

 

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