News Tag: 7-year high
January 11, 2009
Research by accountancy group Ernst & Young (E&Y) has found that profit warnings by firms listed on the London Stock Exchange reached a 7-year high last year.
E&Y said that the number of profit warnings by UK-listed companies was 449 in 2008, 17% higher than the previous year.
The economic downturn has had a major impact on almost all industries and according ...
Number of profit warnings hit 7-year high
by Kay Murchie
May 22, 2008
The 2008 National Management Salary Survey published by Chartered Management Institute (CMI) has revealed that redundancies in the UK are at a 7-year high.
According to the CMI, redundancies have risen to 3% this year, double the 1.4% reported last year.
This represents the largest increase since 2001 when it reached 3.7% after the economic fallout from the dot-com boom.
The study did reveal, however, ...
Redundancies on the increase
by Kay Murchie
