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More Greek drachma as €800m is withdrawn in a day

Stat of the day: €800m. As political uncertainty continues in Greece, the people yesterday took to the cash machines to withdraw hundreds of millions.

Unemployment on the wane?

The UK job market showed signs of life in the first quarter of 2012, with unemployment falling by 45,000 compared with the previous year.

CFOs in the UK 'more cautious' than in US

A study has found that more than half of the UK's financial officers plan tight controls on spending in the coming year.

Clegg's costly jobs scheme clanger

Jobs created by the Regional Jobs Fund scheme could cost the taxpayer as much as £200,000 each, according to the NAO.

Queen's Speech confirms government plans for business

In the Queen's Speech to Parliament today, her Majesty confirmed government proposals to reduce red tape and help businesses grow.

No high jump for UK economy during Olympics

Credit rating agency Moody's reckons the Olympic games will not offer much more of a boost to Britain's economy.

Chartered Management Institute: In my opinion

Chris Hare, a CMI Companion and CEO of nTete Group, on the ingredients of success in international management.

CBI rejects the 'myth' of the 'cosy club'

Quote of the day: 'We absolutely do not accept the myth of a 'cosy club' of business leaders setting pay for each other.' Katja Hall, chief policy director at the CBI, rejects the argument that directors spend their time mutually back patting and setting salaries for one another.

Record dividends paid out in first quarter

Stat of the day: £18.9bn. Firms paid a record £18.9bn to shareholders in the first three months of 2012, 25% more than the same period last year.

Part-timers bring UK unemployment down

After a year of rising unemployment, ONS data shows the number out of work has fallen by 35,000. But is it enough to reverse the trend?

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