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The public sector will be one area where incoming UK prime minister Gordon Brown and his team will have their work cut out. The public sector has a culture not conducive to centralized IT project specification and governance, explaining the many projects that have hemorrhaged money and failed to deliver. This must be taken into account if large IT projects' chances of success are to be improved.
Published By Datamonitor
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27 Jun 2007 |
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CommentWire
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The British Chancellor of the Exchequer Alistair Darling has announced plans in his 2010 Budget to broaden access to financial services by compelling banks to provide accounts to all consumers, regardless of their financial status. However, the extra costs that this proposal may impose on banks could encourage them to levy monthly fees on all account holders in an effort to maintain profit levels.
Published By Datamonitor
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25 Mar 2010 |
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CommentWire
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The British parliament has announced a review of the main public health issues of alcohol consumption in the UK and its effects on policing and the health service. Despite the negative impact that certain findings of the review may have upon the alcoholic drinks trade, it may encourage a healthier approach to British alcohol consumption, and in turn lead to fewer regulations overall.
Published By Datamonitor
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23 Feb 2009 |
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CommentWire
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The Australian first home owner grant increase expires on June 30 and Prime Minister Kevin Rudd has indicated to reporters that he does not plan to extend it, despite the urging of building industry associations to do so. Some economists argue that the grant only serves to artificially boost prices for first home buyers while not addressing core issues of housing supply and affordability.
Published By Datamonitor
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23 Apr 2009 |
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CommentWire
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The rural town of Bundanoon, New South Wales, has voted to ban sales of bottled water from September. This measure comes after New South Wales' premier Nathan Rees banned the use of bottled water in government departments across the state. The industry has proved to be successful in Australia, but marketers must ensure that these incidents remain isolated if it is to survive.
Published By Datamonitor
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10 Jul 2009 |
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CommentWire
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As part of its new five-year plan for 2011-15, China has announced that it will focus on the development of its renewable energy market. The plan aims to establish green energy as a key industry and to further reduce carbon emissions by 2015. Should China be successful, this will consolidate its position not only as a key player in climate policies, but also as a global leader in renewable power.
Published By Datamonitor
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07 Dec 2010 |
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CommentWire
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Global metal prices have risen by 150%, largely due to the closure of illegal antimony mines in China because of health and safety reasons, logistical problems and government intervention. While this may not be good news for traders, higher metal prices may incentivize China and other countries with rich reserves of antimony to mine the rare material in a more sustainable and safer manner.
Published By Datamonitor
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23 Sep 2010 |
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CommentWire
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The European Space Agency conducted a test to transmit photons over a distance of 144km in free space between Tenerife and La Palma in the Canary Islands, proving that quantum entanglement is a reality for free space communications over significant distances. The possibilities for quantum communications look promising, although it could be some time before commercial quantum-based products emerge.
Published By Datamonitor
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13 Apr 2007 |
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CommentWire
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In the most significant intervention in the cards market in living memory, the UK Department for Business Innovation and Skills has launched a public consultation over proposed changes to credit and store card regulation. While it remains to be seen what changes the government will implement, new regulations are likely to lead to the introduction of annual fees, higher interest rates, or both.
Published By Datamonitor
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05 Nov 2009 |
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CommentWire
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The recent news that Scottish building society Dunfermline is to be taken over by Nationwide signals yet another government-brokered bailout in the troubled UK banking industry. While several high street players deemed 'too big to fail' have required government assistance, this move raises concern over where the government will draw the line in terms of rescuing British financial institutions.
Published By Datamonitor
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07 Apr 2009 |
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