Hints and tips:
...There is a divide among managers, says Brian Kropp, chief of human resources research at Gartner, between those who trust their employees to get on with their work and micromanagers....
...Brian Doherty, under the direction of Soho Theatre supremo Steve Marmion, gives a fine, detailed performance as Steve....
...Mr McCafferty said sector-specific issues in areas such as education, social work, management consultancy, postal services and warehousing had contributed to the UK’s decline in productivity....
...Brian Hilliard, UK economist at Société Générale, said the minutes were “noticeably more downbeat” than last month, and “liberally sprinkled with greater concerns about the external environment”....
...Additional reporting by Brian Groom...
...Brian Hilliard, Société Générale I think they should hike in Q1 15 to give the signal of the first step away from the crisis settings of rates. There is excessive trepidation about doing that....
...Mr McCafferty said volumes and income were expected to continue growing, but at a slower pace....
...Mr McCafferty said companies were less optimistic than three months ago and expected business to continue growing at a slightly slower pace....
...“We still think we can avoid a double dip, but the risks have increased,” said Ian McCafferty, chief economic adviser....
...Uncertainty about future demand, worries about the global recovery and shifting regulatory sands are weighing on sentiment,” said Ian McCafferty, the CBI’s chief economic adviser....
...Brian Hilliard, economist at Société Générale, said the message from the retailing survey appeared to be a continuation of second quarter consumption data showing that consumers are dipping into savings...
...Ian McCafferty, the business group’s chief economic adviser, said it was “not infeasible” to start reversing the trend by 2015, raising the total by as much as £20bn....
...Brian Hilliard, Société Générale: No. Credit easing will take time to put into place....
...Ian McCafferty, the CBI’s chief economic adviser, expected fiscal tightening of £60bn-£70bn to eliminate the structural current budget deficit by 2015-16, a year earlier than Labour planned....
...Brian Hilliard, Société Générale: The Bank will be relieved to see inflation fall below the target level of 2 per cent by the fourth quarter of 2012....
...Brian Hilliard, Société Générale: The productivity performance to me is misleadingly described....
...Ian McCafferty, CBI employers’ organisation Contrary to popular belief, the eurozone faces a banking and sovereign debt crisis rather than specifically a currency crisis....
...Ian McCafferty, CBI employers’ organisation: Of greatest importance over the long term to the supply potential has to be the abilities and skills of our future workforce....
...Brian Hilliard, Société Générale: The economy is teetering on the edge of mild recession and it would take very little to push it into recession in Q1....
...Brian Hilliard, Société Générale: The deficit reduction programme is proceeding at the right pace....
...“There was a big improvement in the employment situation,” said Brian Hilliard, economist at SocGen. “It still seems a little bit too good to be true.”...
...Ian McCafferty, chief economic adviser to the CBI employers’ body, said the situation was still fragile, and extending quantitative easing should provide extra support for business and consumer confidence...
...Ian McCafferty, CBI Fiscal consolidation is likely to be roughly on track....
...But Ian McCafferty, CBI chief economic adviser, argues there is “no room” for a big fiscal push without risking “undermining the confidence of foreign investors in gilts as well as increasing fears about...
...Ian McCafferty, CBI The housing market is likely to remain weak for some time to come....
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