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Retail industry

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What if you could talk to anyone in the world in their own language?

Article Abstract:

There are still considerable obstacles to reliable computer translation, but it seems likely that computers will in the foreseeable future be capable of translating telephone conversations and documents. The English language is already widely used by non-native speakers, and this trend is set to spread even further, as will the use of English as a medium for originating documents. This development will be accompanied by an expansion in cross-border trade in services as English becomes the single language standard and computer translation makes it easy to move in and out of that standard.

Author: McRae, Hamish
Publisher: Financial Times Ltd.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1998
Forecasts and trends, Column, Machine translating, Machine translation

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A new robustness in regulation

Article Abstract:

Statutory bodies which regulate the public utilities - Ofwat for water, ofgas for gas, Oftel for telephone and Offer forelectricity - are becoming more powerful, as demonstrated by Oftel's insistence on British Telecom reducing charges by 7.5% minus the difference in the retail price index, every year from 1993 to 1997. The Office of Fair Trading and the Building Societies Commission are also managing more actively and demanding higher standards. Similar efficiency watchdogs could be organised in other public sector areas such as the police.

Author: McRae, Hamish
Publisher: Financial Times Ltd.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1992
Public utilities, United Kingdom. Office of Telecommunications

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Barings begs questions about Bank regulation

Article Abstract:

The publication of the report into the collapse of Barings will inevitably shed further doubt on the regulatory role of the Bank of England. Indeed, the report may well prove to be a turning point in banking regulation. There are now many people who feel that it would be better to separate the regulatory function from the Bank of England, forming a separate entity to be responsible for this work. It will now become increasingly difficult for the Bank of England to oppose such changes.

Author: McRae, Hamish
Publisher: Financial Times Ltd.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1995
Banking industry, Laws, regulations and rules, Bank of England

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