NECC respond to latest Inflation figures

The annual inflation rate rose to 4.5% in August, according to figures released today by the Office for National Statistics. The latest rate is still 2.5% above the Bank of England’s 2% inflation target, though the Bank have attributed this difference to global energy increases and 20% VAT. Clothing and footwear in particular were…

New round of Public Sector Strikes

Union leaders have announced another round of industrial action over government plans for public sector pensions. The BBC reports that the action will be a “sustained effort”, and could involve thousands of public sector employees across the UK As well as several one day national strikes, union leaders have confirmed that there…

PwC turnover hits £2,461m

Professional services firm PricewaterhouseCoopers LLP have announced a turnover growth of 6% to £2,461m for the year ending June 30, 2011. North East figures show a strong 5. 6% growth, with the national results up from £2,331m in the previous year. The company recruited over 2,400 people in the UK…

A&P Group complete £55 million contract

The Tyne waved goodbye to part of Britain’s biggest ever warship this weekend, as it made its way up to Scotland.A&P Group’s shipyard at Hebburn was the only North East yard to be involved in the building of the HMS Queen Elizabeth, which is being assembled in Rosyth, Scotland.Part of the flight deck…

IoD response to Banking Reform proposals

In their initial response to proposed banking reforms, the Institute of Directors has welcomed ICB attempts to improve the state of the British banking industry, but believes the changes will only “slightly reduce the risk” of a future financial crisis. In the report, the commission proposes to ring fence retail operations…

North East Housing market remains subdued

House sales in the North East dipped slightly in the last quarter as holidays, economic uncertainly and lack of mortgage finance showed its full effect. While the number of completed sales in the three months to August fell to 13, average stocks remained stable at an average of 85, from 83…

Double success for Muckle LLP

Muckle LLP are celebrating after the commercial law firm was named Corporate Firm of the Year at the North East Insider Dealmakers Awards 2011 for the fourth year in a row. Alongside this prestigious accolade, Craig Swinhoe a partner at the firm was named as the Corporate Lawyer of the Year.…

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The Bdaily Poll

How much time do you believe most organisations could gain by more efficient and effective use of information?

In less than one generation, our use of IT systems for business has brought massive improvements in the way we go about our business. It has opened up ways to work that weren’t imaginable 20, 10 or even 5 years ago. Twitter for example is only a couple of years old. 

This phenomenal change has itself brought other issues into play. People’s ability to handle that information becomes very important. 

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