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  • strict warning: Non-static method view::load() should not be called statically in /home1/finfacts/public_html/sites/all/modules/views/views.module on line 879.
  • strict warning: Declaration of views_handler_argument::init() should be compatible with views_handler::init(&$view, $options) in /home1/finfacts/public_html/sites/all/modules/views/handlers/views_handler_argument.inc on line 745.
  • strict warning: Declaration of views_handler_filter::options_validate() should be compatible with views_handler::options_validate($form, &$form_state) in /home1/finfacts/public_html/sites/all/modules/views/handlers/views_handler_filter.inc on line 589.
  • strict warning: Declaration of views_handler_filter::options_submit() should be compatible with views_handler::options_submit($form, &$form_state) in /home1/finfacts/public_html/sites/all/modules/views/handlers/views_handler_filter.inc on line 589.
  • strict warning: Declaration of views_handler_filter_node_status::operator_form() should be compatible with views_handler_filter::operator_form(&$form, &$form_state) in /home1/finfacts/public_html/sites/all/modules/views/modules/node/views_handler_filter_node_status.inc on line 14.
  • strict warning: Declaration of date_api_filter_handler::value_validate() should be compatible with views_handler_filter::value_validate($form, &$form_state) in /home1/finfacts/public_html/sites/all/modules/date/includes/date_api_filter_handler.inc on line 578.
  • strict warning: Non-static method view::load() should not be called statically in /home1/finfacts/public_html/sites/all/modules/views/views.module on line 879.
  • strict warning: Declaration of uc_product_handler_field_price::options() should be compatible with views_object::options() in /home1/finfacts/public_html/sites/all/modules/ubercart/uc_product/views/uc_product_handler_field_price.inc on line 94.
  • strict warning: Declaration of uc_product_handler_field_weight::options() should be compatible with views_object::options() in /home1/finfacts/public_html/sites/all/modules/ubercart/uc_product/views/uc_product_handler_field_weight.inc on line 61.
  • strict warning: Declaration of views_handler_field_user::init() should be compatible with views_handler_field::init(&$view, $options) in /home1/finfacts/public_html/sites/all/modules/views/modules/user/views_handler_field_user.inc on line 48.
  • strict warning: Declaration of semanticviews_plugin_style_default::options() should be compatible with views_object::options() in /home1/finfacts/public_html/sites/all/modules/semanticviews/semanticviews_plugin_style_default.inc on line 232.
  • strict warning: Declaration of views_plugin_row::options_validate() should be compatible with views_plugin::options_validate(&$form, &$form_state) in /home1/finfacts/public_html/sites/all/modules/views/plugins/views_plugin_row.inc on line 135.
  • strict warning: Declaration of views_plugin_row::options_submit() should be compatible with views_plugin::options_submit(&$form, &$form_state) in /home1/finfacts/public_html/sites/all/modules/views/plugins/views_plugin_row.inc on line 135.
  • strict warning: Non-static method view::load() should not be called statically in /home1/finfacts/public_html/sites/all/modules/views/views.module on line 879.
  • warning: Creating default object from empty value in /home1/finfacts/public_html/sites/all/modules/views/includes/handlers.inc on line 653.
  • strict warning: Declaration of views_plugin_style_default::options() should be compatible with views_object::options() in /home1/finfacts/public_html/sites/all/modules/views/plugins/views_plugin_style_default.inc on line 25.
  • strict warning: Non-static method view::load() should not be called statically in /home1/finfacts/public_html/sites/all/modules/views/views.module on line 879.
  • strict warning: Non-static method view::load() should not be called statically in /home1/finfacts/public_html/sites/all/modules/views/views.module on line 879.
UK

UK

(July 2012) The UK economy shrunk in the second quarter (Q2) of 2012 for the third quarter in a row according to a regular economic forecast. Meanwhile, John Cridland, director-general of the Confederation of British Industry (CBI), called on the government to speed-up implementation of social housing and transport projects that it had promised, to accelerate growth. "I think it is really disappointing how long it is taking to get momentum and urgency into the growth plan," the FT quoted him as saying.
(July 2012) Rising timber prices and improved efficiency in processing facilities have contributed to a bumper year for commercial forestry assets across the UK. However, there remains considerable opportunity for expansion in the sector, as domestic timber demand still far outstrips supply, and foreign imports still account for between 70 and 80% of UK requirements, according to the IPD UK Annual Forestry Index. Forestry assets returned 34.8% in 2011, the highest returns of any index measured by IPD, in comparison, commercial property returned 7.8% and rural property assets 15.9%.
(July 2012) The impact of the recession and changes to the benefits system for working families means that a UK family -- a couple with two children - - now needs to earn almost £37,000 to have an acceptable standard of living.
(July 2012) Finance directors of the UK's biggest companies plan to cut investment and hiring after reporting the biggest drop in optimism about their business’s financial prospects since 2007. Meanwhile, the total pension deficit at the UK’s top companies has more than doubled over the past year.
(June 2012) The UK government is reported to be planning an ambitious growth strategy for agricultural science and technology, which will show greater government support for genetically modified crops. Ministers will develop the strategy over the next few months, in response to pressure from agricultural research institutes, farming organisations and the food industry. Sir John Beddington, CMG, the chief scientific adviser to the UK Government and professor of Applied Population Biology at Imperial College London, said in 2010 that he saw no safety reasons for opposing GM crops, provided they were rigorously checked for their impact on health and the environment. Prof Beddington said: "If you've got a serious problem, which in conventional mechanisms or plant breeding or other techniques you can't address, which a GM organism can, and it is properly tested for environmental or human health impact and is appropriate, I can't see any reason why you wouldn't use it." Addressing the health concerns over GM crops, he said that more than one trillion meals have been made using GM crops in North America and there has not been a single case in the law courts of anyone suing after eating GM products. "America is probably the most litigious society since Seneca's Rome, but I think there is interesting indirect evidence that this is not a problem," he said.
(June 2012) Manufacturing in the UK has reversed a 50-year long declining trend as a proportion of economic output, rising in the past two years. Vince Cable, the business secretary, has said: "manufacturing has about 12% of our economy, roughly the same as the United States or France, but it has about half our exports on the goods side. So if we want to be a successful trading country that is going to come through manufacturing industry." In 1970, the manufacturing ratio was 30% and is 22% today in Germany.
(May 2012) The International Monetary Fund (IMF) said on Tuesday that the UK's continuing economic weakness means authorities should consider more quantitative easing (QE) and even cutting interest rates. Its annual look at the UK economy supports the government's deficit cutting plan, saying it was essential. But it said if growth failed to pick up, the government would have to consider delaying cuts.
(May 2012) 2011 was a record year for UK manufacturers, selling more than ever before to markets including Hong Kong, China, Brazil, India, Malaysia, Pakistan, South Africa, Singapore, Thailand, Taiwan, Russia....They expect rising sales to emerging markets over the next five years, but say that meeting UK chancellor of the exchequer George Osborne’s aim of doubling annual UK exports to £1tn by 2020 will be “extremely challenging.”
(May 2012) More than four years after the start of the UK recession, the economy is well over 4% below its pre-crisis peak. Economists say that this persistent weakness is unprecedented. Growth this year will be close to zero, but about 2% in 2013. Meanwhile, UK retail sales in April plunged by the largest amount in more than a year as the country experienced its wettest April on record and the economy weakened, a survey showed Wednesday.
(May 2012) UK commercial property values declined for the second consecutive quarter during the first three months of 2012 (by -0.7%), marking the onset of a double-dip recession and a return to negative growth after the deepest decline of property values on record.