Law and business: commercial news round-up 17.01.14
updated on 17 January 2014
It’s still January, and Blue Monday looms, but hang in there. This collection of interesting business news stories should keep you afloat a little longer. Read on and absorb:
- An interesting blend; Japanese drinks company Suntory has bought Beam Inc, the company behind Jim Beam and other drinks, for a thirst-quenching $16 billion.
- Everyone was relieved to learn on 14 January that inflation has dropped to 2% - the first time since 2009 that it has been at or below the government-set target (also of 2%).
- Ed Milliband called for big banks to be broken up, as part of an investigation into whether there is adequate competition between UK banks. An alarming prospect for said banks, says Robert Peston.
- Figures from Goldman Sachs revealed that it paid its traders an average of $383,000 in 2013. The news came on the same day that the World Economic Forum warned that the "large and growing income gap between rich and poor is the biggest risk to the global community in the next decade". Make of that what you will.
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