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Words: | Submitted: Mon Jun 19 2006
... fair practice within the industry. Economic factor's In recent years economic growth has slowed, mainly due to a global downturn in the world economy. The U.K, compares favourably to our European counterparts in terms of economic growth. Certain sectors within the economy have been more affected by this downturn than others. Telecommunication companies share prices have seen rapid decline compared with their prices in the late 90's. This can be seen as a knock on effect of the dot.com bubble burst, although it is said that share prices today represent the actual value of the company better as the share price before were over inflated and a price adjustment was necessary. Inflation is currently at just over 2% which is within the government target of 2.5%. Interest rate are at present 4% and maybe changed to 3 3/4 % by the end of the week. This change reflects the need for a boost ...
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