Language Link UK

CBI – UK WILL AVOID DOUBLE DIP RECESSION

admin — Mon, 20 Feb 2012 09:05:40 +0000

The CBI said it expected the UK’s growth to be 0.9% this year and 2% next year. The reason for this optimism is it sees companies investing in new equipment and in finding export markets.

Two other surveys – BDO and the CIPD - were not as optimistic believing that the economy was still looking fragile. Hopefully the CBI findings are found to be more accurate than those from the other two bodies.

If it is quality translation you are wanting, look no further than Language Link UK for all your legal and technical translation.

EU SUMMIT – Will THERE BE ANY POSITIVE OUTCOMES?

admin — Mon, 30 Jan 2012 11:30:05 +0000

The EU has more than 23m unemployed. The EU commission says that any budgetary cuts need to be ‘smart’ otherwise they will harm enterprise and training. The Summit aims to emphasise growth and ‘smart’ budget discipline at its planned meeting this week.

Most EU countries are expected to sign a new budget treaty which wants closer co-operation on budgetary policy. There is inevitable wrangling from non-eurozone countries regarding their influence and involvement in the negotiations. The UK is not involved in signing the proposed treaty.

Whether anything positive comes from the summit remains to be seen.

CHINESE YUAN TO BECOME GLOBAL RESERVE CURRENCY

admin — Wed, 18 Jan 2012 12:39:44 +0000

It’s thought that it’s only a matter of time before the Chinese currency replaces the US dollar as the world’s reserve currency. The move to making the Yuan an international currency has evolved with the growing strength of China’s trading and the weakening of the US dollar. China has built up trillions of dollars in reserves but with the falling value of the dollar Chinese policy makers are looking at floating the Yuan. This will not result in a flood of the currency but a gradual change. You need only look at the change from Sterling to the US dollar as the international reserve currency which took from around 1870 to the 1930s. It is a form or recognition of handing over from the old guard to the new one.

George Osborne wants a piece of the action for London which is in a strong position to handle the transition. And who wouldn’t want a piece of the action when analysts are expecting Yuan deposits in Hong Kong to quadruple in the next 12 months to $340bn.

Inevitably, the transition won’t be quick nor without consequences. Watch this space. It is an interesting development in the continuing rise and rise of China on the world stage.

GOOD NEWS FOR THE START OF 2012

admin — Wed, 04 Jan 2012 14:57:10 +0000

John Lewis Partnership:

Reports an ‘outstanding’ rise in sales and a bigger market share for its department store group during Xmas.

Nissan Cars:

Reports that its Sunderland plant showed an increase of 14% on sales during 2011 against 2010 and a new record for a single UK car plant.

Next:

Reports buoyant on-line sales but high street shop sales fall.

Bentley Cars:

Reports that sales increased by 37% in 2011

Happy Christmas

admin — Tue, 20 Dec 2011 10:50:14 +0000

Happy Christmas and a Prosperous 2012

MULTI-MILLION PROGRAMMES FOR UK

admin — Tue, 29 Nov 2011 09:38:24 +0000

A multi-million pound investment plan is due to be announced this week by the UK government. 40 projects have been targeted including road and rail schemes for the North as well as improvements to the M25, M3 and M56. It is thought that £30bn will come from a new arrangement being put in place to allow private pension schemes to invest in infrastructure.

The Chancellor will announce a plan releasing up to £40bn for loans to businesses whose turnover is less than £50m. The government will underwrite banks’ borrowing thus allowing cheaper loans.

For quality translation, look no further than Language Link UK.

CBI URGE MORE EXPORT

admin — Tue, 22 Nov 2011 09:44:57 +0000

A new CBI report wants the UK to match by 2020, the EU’s average export figure of one in four small to medium business exporting. It said that the government should aim to lift net exports from -2.4% in 2010 to 2.5% by 2016. This means that exports need to rise from 29% GDP to 36% in 2016. The report has criticised SME’s for not exploiting the opportunities in the BRIC countries and other emerging countries such as South Korea, Indonesia and Turkey. It went on to say that the UK has been a great trading nation in the past and it must become so again. To assist SME’s the CBI has suggested that the government finance must be made easier to encourage exports.

Message: When exporting you need quality translation to enhance your brand and sell your products and services. For your technical translation and legal translation look no further than Language Link UK.

CONTINUING GROWTH IN THE MANUFACTURING SECTOR

admin — Wed, 16 Nov 2011 11:01:54 +0000

The UK’s manufacturing output during September was shown to be 0.2% over August and 2.0% over this time last year. The British Chamber of Commerce economist was pleased that the sector grew despite the problems in the Eurozone and the austerity measures being taken in the UK. He added that he would like the government and Bank of England to boost lending to small and medium companies.
Although inflation has fallen to 5% in October and the last quarter showed a growth of 0.5% the economy is still teetering on recession.
To expand your business internationally you will need quality translation. Look no further than Language Link UK for your technical translation and legal translation.

PM VOWS TO BOOST INFRASTRUCTURE PROJECTS

admin — Mon, 07 Nov 2011 11:24:14 +0000

The Prime Minister has vowed that an “all out mission” to kick start the infrastructure to revive the economy.

The PM urged people to be optimistic as there was growing trade in China, India and emerging markets. He welcomed BT’s announcement that it will complete its roll out of superfast broadband by 2014. Not only will this require 500 engineers but assist in the UK communication globally.

Although the service sector activity fell last month, surprisingly a Purchasing Managers’ Survey found that business confidence was at its highest level since May.

There are business opportunities but more and more quality translation is required to help sell your message and protect your contractual or licensing rights.

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Cornish translation of Old Testament

admin — Tue, 18 Oct 2011 08:37:19 +0000

Cornish speakers can now read the complete Bible – An Beybel Sans – in their chosen language.

The New Testament was translated into Cornish by Prof Nicholas Williams and published in 2002.

It has taken him about six years to translate all the books of the Old Testament, using a variety of versions, including Hebrew and Greek texts.

Here Prof Williams reads a section of the Book of Isaiah: Chapter Six.