Law and business: commercial news round-up 12.11.15
updated on 12 November 2015
Before we go any further, here are a couple of longer articles to sink your teeth into. The first is all about what might be featuring in the global economy in 2016, while the second is an insider’s view of the mysterious Bank of England – both worth your time. As are the following news stories:
- A stronger-than-expected employment rate indicates that US interest rates may rise in December, which would create economic ripples around the world.
- The UK steel industry is imploring UK Business Secretary Sajid Javid to speak on its behalf to EU ministers about cheap Chinese steel imports at the upcoming EU summit.
- A report has revealed that law firms are feeling very confident – more so than they have since the mid-1990s. Levels of optimism are said to be driven by “political certainty, economic resurgence and corporate actions”.
- This certainly puts the excesses of Black Friday into the shade – Chinese shoppers spent around £9.4 billion on ‘Singles Day’, the world’s biggest online shopping event.
- Indian PM Narendra Modi arrives in the United Kingdom today – the BBC’s Kamal Ahmed explains why this is an important visit for the UK economy.
Be sure to check the News section every Thursday for this weekly commercial news round-up. Follow @LawCareersNetUK and @CityLawLIVE on Twitter for instant business news updates.
