Global business confidence hits five-year low as storm clouds gather — business live

All the latest business and economics news, as a new survey shows business optimism fell sharply in October

Markit: October business confidence lowest since 2009
Firms fear worsening global outlook, rate rises, geopolitics….
Spanish 10-year yields hit record low below 2%

9.02am GMT

Bloomberg is reporting that Greece’s government will hold talks with its lenders tomorrow, in Paris, in an attempt to reach a breakthrough over its bailout programme.


8.51am GMT

Eurozone government bond prices are rallying this morning, driving down the interest rates on the debt to all-time lows.

10yr yields hit record lows across Europe Spain 1.98% Italy 2.18% France 1.10% Austria 0.939%

8.36am GMT

Shares in Friends Life have jumped 7% to 373p as investors respond to the

Rajan Winning At Fighting India’s Inflation

Reserve Bank of India Governor Raghuram Rajan was recently named the 2014 Best Central Bank Governor by Euromoney and rightly so. Annualized Consumer Price Index (CPI) inflation rates have eased to five-year lows in India, falling to 5.5% in October down from over 11% a year ago (even prompting some [...]

Why The UK Should Not Reform Business Rates

We’re coming up to the autumn statement, the government’s laying out of their financial plans for the coming year (the Budget, in the spring, is the details of it all, the statement is the outline as a not entirely accurate but good enough explanation) and various organisations are making plain [...]

Employees need a workplace pledge | @guardianletters

Seumas Milne (Austerity has clearly failed, 20 November) rightly points out the destructive economic and social effects of an insecure workforce, through zero-hours contracts, the exploitation of migrant workers and the lack of secure and stable jobs.

The workplace relationship needs to be rebalanced, so that everyone at work is treated with dignity and respect, producing a more positive and productive working environment. Strong

Record numbers of working families in poverty due to low-paid jobs

Most taking up jobs are trapped on less than living wage, finds report by Joseph Rowntree Foundation

Insecure, low-paid jobs are leaving record numbers of working families in poverty, with two-thirds of people who found work in the past year taking jobs for less than the living wage, according to the latest annual report from the Joseph Rowntree Foundation.

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