Cutting out the cancer

Article Abstract:

The Major and Thatcher administrations have reduced inflation in Britain by pursuing monetary policies that have produced double-digit interest rates. Real estate prices have fallen drastically as a result. The European currency crisis of 1992 exacerbates the problem.

Real estate industry, Inflation (Finance), Interest rates, Inflation (Economics)

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In the tracks of Nissan

Article Abstract:

Foreign business enterprises continue to invest in the UK at a rapid rate, due largely to Britain's transportation system and proximity to European markets. Such firms now account for 20% of manufacturing in the UK. The figure is higher still in Scotland and Wales.

Foreign investments, Foreign corporations

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Great expectations

Article Abstract:

British labor costs are on par with those in the US and Japan, but productivity in the UK lags behind. Many believe that British firms are poorly managed, especially because of British managers' perceived reluctance to make capital investments.

Management, Corporations, Labor costs, Corporations, British

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