Cut Business Expenses

It’s difficult to ignore the internet boom that’s been gathering momentum over the past 7-8 years, especially as it shows no sign of slowing down. The internet has changed the way we work, communicate, date, research and game, but especially the way we shop. Ecommerce is so huge these days that revenue generated from purely web based sales has eclipsed the amount of money spent on Britain’s high streets.Internet sales have played their part in the collapse of Woolworths and Dixons, two of the

Last night at the Royal Society I was invited to debate the question of whether manufacturing could save the UK economy or not. John Hutton, the former Defence Secretary, and several representatives of the media and business also contributed. There is a defeatism about some British attitudes towards manufacturing, which was reflected in the voting of the audience. They were strongly of the view that manufacturing would not “save” the UK economy, and felt that its steady decline as a propor

Here are my top 10 links from around the Internet at 10am. I welcome your additions and comments in the comments below or please send me your suggestions for Wednesday’s Top 10 at 10 to bernard.hickey@interest.co.nz We’re done with our project… 1.Fall baby fall – Wolfgang Munchau from FT.com makes the case for a weak US dollar to boost its export sector and a strong euro to restrain European inflation. He points to some interesting ideas on current account deficits that New Zealand w

Two weeks ago, we noted that CBS had been pinpointed by Audit Integrity as one of 10 big companies at risk of bankruptcy. This prompted an outraged denial by CBS . As the banking collapse illustrated, any time a company denies that it's about to go bankrupt, it makes sense to assume that the company is about to go bankrupt--and then analyze the situation for yourself. We've now done that for CBS. Here's the bottom line: CBS is not on the verge of bankruptcy. The company is, howeve

Governments in emerging markets and global development groups lately have been trumpeting the benefits of more “South-South” trade, or economic activity between developing countries, as a way to ease poverty and encourage growth.But as the collapse this week of a planned India-South Africa deal to create a low-cost telecommunications giant showed, that is often easier said than done, The New York Times’s Heather Timmons writes. Striking such agreements can be difficult because of immature capita