Make planes, not war Civil aerospace could soon overtake global defence spending as a boom in air travel lead by emerging economies has sent spending on planes to fresh highs. Both Boeing and Airbus have reported record sales whilst military budget cuts have sent global defence revenues down 1.3 per cent in the last year.
Unlike the great privatisations of the Thatcher era, the forthcoming Royal Mail float will not be accompanied by a major publicity campaign - but individual investors will still be encouraged to buy shares as part of the IPO. #UKNews, #RoyalMail, #Privatisation
Silicon Roundabout leads UK startup growth EC1V - a hotspot for technolog firms - saw 15,720 start-ups created over a 12-month period, outstripping some of London's international financial centres by a considerable distance. Despite efforts to encourage growth within areas such as Silicon Roundabout however, many large tech companies appear to be heading towards listings in New York rather than London. #UKNews, #UKStartUps,
UK tourism delivering the Games' economic legacy Both visitors to the UK and Britons travelling abroad are spending more on their travels in 2013 than during the same period last year. Overseas residents' visits to the UK resulted in £6.88bn being earned for the country from January to May - a 10 per cent rise on the same period in 2012.