Don't clap yet: Germany
Article Abstract:
Labor negotiations for wage increases have begun in Germany. Steel workers managed to negotiate a higher salary increase than expected, thus setting a trend for other industries. Higher wages will cause the Bundesbank to maintain or raise interest rates to avoid higher inflation.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
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Death of some salesmen: British financial regulation
Article Abstract:
Life insurance regulation is sure to increase in the UK because customer complaints rose by 41% in 1992. Fines have also been imposed for selling incorrect policies and offering misleading advertising. Banks have also gained market share in lifetime financial investments.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1993
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Don't clap yet: British insurance
Article Abstract:
The five largest British insurance companies posted profits in the second quarter of 1992, but they are far from a recovery. Insurance rates have to rise to boost profitability, and increased competition will hinder a full recovery.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
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