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September: Elusive credit; fraud barometer rises, and more

While many companies expect the business climate to deteriorate over the next 12 months, research finds that investing in employees is the best way to avert a recession

Lies, damn lies...

As consumer spending weakened and economists warned of recession, the Office for National Statistics reported growth in retail sales – data that was taken with a pinch of salt by the Bank of England

Update: Essential News – September 2008

Merrill Lynch tax deferral; Alliance & Leicester shareholders risk exposure; plus Technical Update, and more

BAA's monopoly in terminal decline

Airports operator BAA may be forced to sell three of its seven UK airports to pave the way for competition, the Competition Commission announced in late August

B&B in safe pair of CEO hands

Bradford & Bingley appoints Richard Pym as its new chief executive

Bank profits halved as write-downs cause further losses

Pre-tax profit across the UK’s five biggest banks sank by nearly 60% in the first six months of 2008 as a result of huge write-downs on bad loans

BCC warns of difficult years ahead for business

The UK will be in recession by 2009 followed by weak growth going into 2010, according to the British Chambers of Commerce

Green tax looks jaded

Once anathema to Conservative policy, taxation is taking centre stage as the party tries to promote its green credentials

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