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US economy shrinks a surprise 0.1% in fourth quarter
Comments
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http://www.bbc.co.uk/news/business-21261323
Analysts on Wall Street expected the figure to be 1.1%. Ouch!
0.1% is not significant either way. It's basically flat. Not very surprising in my view.0 -
UK retains its lead as a destination for inward investment … but only just.
Germany secured more manufacturing projects from overseas investors than the UK for the first time in 15 years and won twice as many projects from Chinese businesses.
Less than half of major investors found the UK's labour costs appealing, and one in six said the cost and availability of real estate was unattractive, while only 53% found UK corporate taxation appealing.
Are salaries in Germany any lower than the UK? A quick Google suggests median salary of 3333EU?
http://www.salaryexplorer.com/salary-survey.php?loc=81&loctype=1
Corporation Tax doesn't seem that low either>
http://en.wikipedia.org/wiki/Taxation_in_Germany
Appreciate this are snap shots, may not be upto date and are only part of the overall picture."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0
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