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Small firms in euro no_2


Many small companies can see no benefit in the UK adopting the euro, a new report has disclosed. The 2001 Reuters Survey found that 58 per cent of the 296 companies questioned thought they would not benefit from the UK joining the euro. About 73 per cent said sales would stay the same if the UK joined and 65 per cent believed profits would remain unchanged.
Gas prices set to fall_2


Gas prices are predicted to keep falling in the coming weeks to less than 17p/therm by September. Prices reached record highs in April this year - with prices on the spot market reaching 24p/therm - but falling demand is expected to bring rates down.
Payment guide for SMEs_2


The Better Payment Practice Group (BPPG) has devised a 12-step collection process for small to medium-sized enterprises to avoid late payment. The guidance is a response to a study of more than 1,000 firms by the Credit Management Research Centre. It found that less than half of invoices for businesses in manufacturing, wholesale and financial services are paid on time.
Stand up and be counted_2
It is the duty of an accountant to expose corruption. The profession must make a stand and confront the issue
Court deal is PFI first_2


A consortium led by support services company Amey will build and run court facilities in south-west England in the next 25 years in a groundbreaking private finance initiative (PFI) deal. This is the first PFI deal to involve more than one department, including the Lord Chancellor’s Department. The £32 million deal includes court facilities in Bristol and Worle.
Trade Association Forum_2


Institute of Management_2


Coping with devaluation_2
Q: How can you best manage contracts in an environment where devaluation has occurred and foreign currency is in short supply? At the moment, this is causing big problems for my company in Zimbabwe. Some suppliers are asking for frequent price increases,
‘Biggest’ UK green deal_2


Scotland’s largest public sector procurement agency, the Authorities Buying Consortium, is to buy 112GW hours of renewable energy from ScottishPower. It claims that the two-year deal is the single biggest purchase of green energy in the UK.
Siemens contract signed_2


German supplier Siemens is to supply 785 rail carriages for South West Trains in a massive £1 billion contract with Stagecoach. Siemens will build the units in Düsseldorf and Vienna. Most of the carriages will replace SWT’s “slam-door” units, while 200 of them will be used on new Waterloo-Windsor and Woking-Basingstoke services.
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