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Financial reporting should be open, accessible and useful to shareholders. Here’s why joining the campaign for real accountancy will boost the image


The UK could lose up to 160,000 manufacturing jobs - half of them in engineering - in 2002, according to the Engineering Employers’ Federation (EEF). Investment and employment are being cut more strongly than three months ago.


Outsourced e-procurement company Alliente has opened a European headquarters in Rotterdam and appointed Steve Koutros, former head of e-procurement at consultancy Cap Gemini Ernst & Young, as its managing director.


Sir John Egan, author of the influential 1998 report Rethinking Construction, has been appointed chairman of the construction industry’s e-procurement portal Asite. The portal aims to unite the supply chain with product catalogues, online tendering and material purchasing.


Supermarket Safeway’s UK rail freight strategy has been awarded the Queen’s Award for Enterprise in the sustainable development category. The honour recognises the contribution made by the supermarket’s supply strategy to the environment, society and the wider economy. By using rail for the daily transportation of many goods, Safeway avoided 5,596 road journeys in 2000 and 2001.
James Champy and Nitin Nohria John Wiley, £9.99 Rating: 4/5
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