After a year of both positive and negative month-to-month changes, the Credit Managers Index (CMI) inched up to 54.4 in December, its highest level since May. (Numbers higher than 50 indicate expansion; numbers below 50 indicate contraction.)
However, the Index remains below the level of a year ago, when it was at 55.8. The Index incorporates [...]
Throughout 2011, I’m pretty sure I heard every possible Dodd-Frank implementation forecast possible. Here are just a few: the new law will require 10 times as much compliance work as Sarbanes-Oxley while squashing U.S. competitiveness and innovation; the new law will become so watered-down that it will stand no chance of preventing a second “Too [...]
After Marks & Spencer began charging for plastic bags three years ago, citing concerns for the environment, it was inevitable that others would follow suit. Since last September, the Welsh Assembly has required all retailers to charge for any form of carrier bag, raising costs for many shoppers and attracting praise from the green lobby. [...]
If you’re a Brit (and not a US political junkie), you probably won’t have heard of Rick Santorum until this week. The former senator for Pennsylvania came within eight votes of a dramatic win in Tuesday night’s election in Iowa. It was the first skirmish in what may prove a long battle among Republicans to [...]
