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Business

"All I ask is for powerful people to respond honestly to the questions, and if they can't, explain why." Bill O'Reilly

BBC NEWS | BUSINESS | UK EDITION
Visit BBC News for up-to-the-minute news, breaking news, video, audio and feature stories. BBC News provides trusted World and UK news as well as local and regional perspectives. Also entertainment, business, science, technology and health news.
'No alternative' to mail sell-off
The plan to part-privatise Royal Mail is the "last throw of the dice" to secure its future, says Lord Mandelson.

'No nationalisation plans'
The UK government says it still has no plans to nationalise the banking sector, despite increasing its stake in Lloyds.

Unemployment 'to hit 3.2 million'
Unemployment across the UK will reach 3.2 million by the second half of next year, warns the British Chambers of Commerce.

Popular Questions

SteveVendrel is asking Gordon Brown: "Did the UK come within hours of financial collapse in Sept 2008 as the US did- as Congressman Kanjorski explains here ? Is it..." Show more »"
Did the UK come within hours of financial collapse in Sept 2008 as the US did- as Congressman Kanjorski explains here ? Is it true, as he says, that we are like a man floating in the middle of the Atlantic with a life raft niot knowing which way to swim?
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0 comment | Topic: Business | Email to friends | Feb 11 2009 8:08:50 PM

optionplayer is asking Gordon Brown: "In Septemebr 2008 we are told by politicians that the world came close to a major crises disaster etc ? Why then measures were not taken to be more involved in Lehman's call fro money the week prior ..." Show more »"In Septemebr 2008 we are told by politicians that the world came close to a major crises disaster etc ? Why then measures were not taken to be more involved in Lehman's call fro money the week prior ro collapse - Also subsequently why have you not been more critical of the Investment banks like Goldman Sachs and Merrill Lynch who advised so much the deal that sank RBS re buying the Dutch and walked away with 400 Million in fees should they not be chased and paid back for giving costly and deadly advice !!" Show less »
17
0 comment | Topic: Business | Email to friends | Feb 18 2009 8:21:47 PM

wheresdacash is asking Gordon Brown: "We've seen the hand-wringing mea culpas from the bank bosses. When is the government going to own up to its own complicity, as enabler, pimp and cheerleader, in the unsustainable credit boom that has ..." Show more »"We've seen the hand-wringing mea culpas from the bank bosses. When is the government going to own up to its own complicity, as enabler, pimp and cheerleader, in the unsustainable credit boom that has brought us to where we are today and trashed fragile, export-dependent, emerging market economies in the process?

What we are experiencing now is not an economic crisis - the global fundamentals are sound. What we have is the biggest, most far-reaching, market correction of all time.

Governments should recognise that tax-funded industry bail-out packages are doomed to fail and will hobble tax-payers for decades. Markets should decide the way forward, not grandstanding, spendthrift politicians. Those days are gone.

Let banks fail. We don't need limitless credit. Let auto-manufacturers fail. We don't need more new cars. Let construction companies fail. There are`plenty of houses, they're just unaffordable - still.  There'll be short-term pain in unemployment numbers (electoral death!) but the market will create long-term sustainable job opportunities.

Governments should be focused on the detal of policy delivery and efficient regulation not swimming with investment bankers in tidal flows far too complex for their limited brains to comprehend. No-one saw the crisis coming? They were all too drunk at the credit party. And the Treasury and the Fed were presiding over the biggest Ponzi scheme in global history. Makes Madoff seem like an Oxford St. pickpocket.
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15
0 comment | Topic: Business | Email to friends | Feb 19 2009 4:16:40 PM

charlotte is asking Gordon Brown: "Emerging from the quagmire we have all been sucked into, relies ultimately on encouraging individual initiatives. How can this be fast tracked? What about - corporate-entrepreneurship partnerships..." Show more »"Emerging from the quagmire we have all been sucked into, relies ultimately on encouraging individual initiatives.

How can this be fast tracked?

What about
- corporate-entrepreneurship partnerships to fast track new initatives?
- banning lawyers - and welcoming the handshake back into boardrooms?
- launching a national competition to recognize and publicize new initiatives?" Show less »
15
0 comment | Topic: Business | Email to friends | Feb 20 2009 12:40:48 PM

Jinksie is asking Gordon Brown: "I know that Building Contracts take time to start but why hasn't the Govt. funded Maintenance of Roads and Buildings, all of which can be done straight away and will get workers and Building Suppliers..." Show more »"I know that Building Contracts take time to start but why hasn't the Govt. funded Maintenance of Roads and Buildings, all of which can be done straight away and will get workers and Building Suppliers moving again?
All we hear is talk but no action at the front line" Show less »
14
0 comment | Topic: Business | Email to friends | Feb 23 2009 9:47:07 PM

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Recent Questions

urokworld is asking Gordon Brown: "Hoorable all,I am a Businessman, Can I join you all Great Emperors for getting knowledge.What should i do to be a part of your audiance on the day of April 02nd ?Is there any form to fill in ?Please let..." Show more »"Hoorable all,I am a Businessman, Can I join you all Great Emperors for getting knowledge.What should i do to be a part of your audiance on the day of April 02nd ?Is there any form to fill in ?Please let me know.Thank YouYours Faithfully,SUBHASH SHIHORA" Show less »
3
0 comment | Topic: Business | Email to friends | Mar 08 2009 7:45:13 PM

paulwestwell is asking Gordon Brown: "Why isnt the government doing more for our manufacturing industry. The focus seems to be on financial institutions, however, as a retailer we are seeing a huge increase in enquiries from overseas for ..." Show more »"Why isnt the government doing more for our manufacturing industry. The focus seems to be on financial institutions, however, as a retailer we are seeing a huge increase in enquiries from overseas for our products, almoast all of which are manufactured abroad. Obviously this is due to the exchange rate, making our prices very competitive. It is extremely difficult for us to source UK manufactured products. Over the last 5 to 15 years several of our suppliers, who were once proud to claim "Made in England" have moved their manufacturing to the far east, sometimes (dissapointingly in some ways) with an improvement in quality. This year, our suppliers are predicting a big increase in prices due to the exchange rate. In some cases, these have already occured. Shouldnt the Government look to make the most of the current opportunity by providing grants to update manufacturing equipment, encourage new manufacturing businesses and provide training in these sectors. This would build our skill base, provide employment and increase trade to both UK and overseas" Show less »
9
0 comment | Topic: Business | Email to friends | Mar 07 2009 1:15:08 PM

PublicVoter is asking Gordon Brown: "Your Government is casting failure of RBS firmly at Sir Fred Gooddwins feet. Although he must be held accountable, so too must the FSA. and the Treasury Select Committee. Both of these have been given..." Show more »"Your Government is casting failure of RBS firmly at Sir Fred Gooddwins feet. Although he must be held accountable, so too must the FSA. and the Treasury Select Committee. Both of these have been given powers to question the actions of financial institutions and yet have only been vocal since the financial crisis has exploded. Is it not time for a public inquiry to assertain why the FSA and TSC did not raise concerns before the fall of RBS?" Show less »
12
0 comment | Topic: Business | Email to friends | Mar 04 2009 6:12:21 PM

debbiem is asking Gordon Brown: "When are the Banks going to start sensible lending again? Also stop putting up interest rates on loans already agreed to such a crippling extent that companies are forced into liquidation and more people..." Show more »"When are the Banks going to start sensible lending again? Also stop putting up interest rates on loans already agreed to such a crippling extent that companies are forced into liquidation and more people enter the unemployment market? I thought majority State owned businesses were controlled by the State and therefore did as directed by Government? This does not appear to be happening. Is it not a foregone conclusion that unless we get Banks lending again the recession will deepen further?" Show less »
11
0 comment | Topic: Business | Email to friends | Mar 04 2009 2:25:25 PM

RonH007 is asking Gordon Brown: "I am part of a Small Business Company (5 people) and been there for over 40 years, who owes approximately £47,000 to Customs and Excise due to bad times. We still pay every person who is due money, ..." Show more »"I am part of a Small Business Company (5 people) and been there for over 40 years, who owes approximately £47,000 to Customs and Excise due to bad times. We still pay every person who is due money, (Suppliers and Revenue alike), and after your comment about helping out the Small Businesses why do they still want to close us down even after offering post-dated cheques or direct-debit payments at a £1000 a month and still keep up their payments. We even assured them that since we own our own property they would not lose out whatever way you looked at it, but no they still want to close us. If this is your help, not wishing to be rude, don't bother.

R. Hunt, Manager
j w longshaw and co ltd" Show less »
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0 comment | Topic: Business | Email to friends | Mar 04 2009 7:39:56 AM

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Gordon Brown James Purnell