All-cash deal is the second largest in Google's history after the $12.5 billion acquisition of mobile phone maker Motorola in 2012
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Thursday 04 September 2008
A glimmer of good news broke through the gathering clouds of recession yesterday, as the Chartered Institute of Purchasing and Supply revealed that managers in the service sector – representing about 70 per cent of the economy – are at their most optimistic about prospects in three months.
Tuesday 26 August 2008
Falling profitability and flagging confidence have spread from the consumer sector to Britain's business and professional services firms, a survey of the services industry shows.
Saturday 26 July 2008
Fears that Britain may soon slide into recession were fuelled yesterday by news that the economy grew by just 0.2 per cent in the second quarter, down from the already poor 0.3 per cent recorded in the first three months of the year and the weakest rate of growth in three years.
Thursday 19 June 2008
The Bank of England's Monetary Policy Committee split three ways when it met to set interest rates earlier this month. Although the MPC voted by 8 to 1 to keep rates on hold, the minutes of the meeting, published yesterday, suggested some members were keen to raise rates immediately to dampen inflationary pressures, though in the event they voted for no change.
Friday 04 April 2008
"Have you ever noticed," asks Duncan Sarkies, "that in just about every children's story you've ever read there's a happy ending?" And have we never realised, he says, the coercive aspect of such injunctions as "Merry Christmas"?
Friday 14 March 2008
Many employees of small businesses may lose their entitlement to tax relief under Budget provisions on the enterprise management incentive (EMI) scheme, despite an announcement from the Chancellor that he would make the initiative more generous.
Thursday 06 March 2008
Thursday 28 February 2008
Indications of underlying weakness in the economy came yesterday as the Office for National Statistics confirmed that the UK economy grew by 0.6 per cent in the final quarter of 2007, giving an official annual growth rate for the year of 3.1 per cent, in line with previous estimates.
Wednesday 06 February 2008
Stock markets on both sides of the Atlantic endured another difficult day as a round of depressing economic data pummelled the exchanges yesterday.
Friday 01 February 2008
Bernard Ribeiro, the president of the Royal College of Surgeons, is evidently a brave man. The heads of professional bodies do not usually prosper by demanding more transparency from their members. And one suspects that Dr Ribeiro's suggestion that Britain's 6,000 surgeons should make their clinical records available to patients is unlikely to be greeted with wild enthusiasm by the RCS.
Monday 14 January 2008
Gordon Brown's much trumpeted hospital "deep clean" is in danger of becoming a "£50 million flash in the pan", cleaning contractors warned today.
Friday 09 June 2006
If you really must scare yourself this week, try Jonathan Jakubowicz's harrowing kidnap drama for size. It recounts the quite nightmarish ordeal of a young couple, Carla (Mia Maestro) and Martin (Jean Paul Leroux), who emerge from a Caracas nightclub straight into the itchy hands of three gun-toting thugs, the kidnapping of the affluent middle-classes being at epidemic levels in the Venezuelan capital. Most abduction dramas vary the pace as the victim acclimates to the surroundings; this one just goes at headlong, terrifying speed through 24 hours of vicious criminality. Here is a place so dangerous that you can be held up even while someone else is kidnapping you. No use looking to the police for help; they're scumbags and rapists too. Jakubowicz, who had a struggle on his hands getting this feature debut made, films in a city as divided as Victorian London between privilege and privation, and the stink of class war rising from its ghetto housing is almost palpable. Venezuela for a holiday? You'd have to be Caracas.
Monday 06 December 2004
The economy is braced for a sharp slowdown early next year according to a raft of gloomy forecasts published today which cast further doubt on the Chancellor Gordon Brown's ambitious growth targets.
Saturday 23 October 2004
A slump in British industrial output in the third quarter led to the weakest economic growth since early last year.
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