Feeds

Mixed messages for UK small biz

Recession, isn't it?

High performance access to file storage

The British economy is showing some signs of recovery, but January's fall in retail sales is a sign that any recovery is weak and still needs help from government and low interest rates.

Figures from the Office of National Statistics showed sales fell in January by 1.8 per cent compared to December.

David Kern, Chief Economist at the British Chambers of Commerce (BCC), said: "A decline in January’s retail sales was predicted because of weather-related disruption, but the fall was worse than expected, and December’s figure was also revised down. British retailers are obviously facing difficulties, and there is no significant sign that the economic recovery is gathering momentum."

He said the risk of a double-dip recession remained serious, and the government should maintain its easing programme and keep interest rates low.

Meanwhile, figures from Experian showed a drop in the number of business insolvencies - down to its lowest level since June 2007. Seven in every 10,000 businesses went bust in January 2010, compared to nine in every 10,000 firms going titsup in January 2009. The firm said it was too early to call an end to the recession, but the figures did suggest some improvement. ®

High performance access to file storage

More from The Register

next story
Sorry London, Europe's top tech city is Munich
New 'Atlas of ICT Activity' finds innovation isn't happening at Silicon Roundabout
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
It may be ILLEGAL to run Heartbleed health checks – IT lawyer
Do the right thing, earn up to 10 years in clink
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
HP ArcSight ESM solution helps Finansbank
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.