Interest rates
-The prospect of an interest rate rise has been
pushed into the distance by low inflation, slowing world growth; the oil price
slump, the Eurozone and lots of other things that keep central bankers awake at
night.
Exchange rates
-The
pound to euro exchange rate: 0.12 pct higher on a day-on-day comparison at
1.2502.
Inflation
-The falling oil price, a supermarket price war
and slipping energy costs have all contributed to pushing inflation down to
just 0.5 per cent.
Development incentives
-The
Government has designed a number of tax incentives to help support innovation
and encourage companies to see the UK as an attractive place to develop and
exploit Intellectual Property (IP).
Economics growth
- figures show
gross domestic product (GDP) in the third quarter of this year was 2.6% higher
than in the same period in 2013, down from an earlier estimate of 3%.
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