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Friday, March 10, 2006

City short-sightedness leaves us all short-changed

Here's Guardian article based on the TUC's 'Investment Chains' report which shows that city 'short-termism' is having detrimental effect on both businesses and employees.

Chasing a quick buck often means UK companies don't invest in research and development, and make the wrong long-term investment decisions - with potential negative impacts on employment, and the sort of investor behaviour which saw the collapse of the new technology bubble in the late 90's.

You can read a TUC statement on the report here.

1 Comments:

Blogger Paul said...

Cheers FT

Hope the rest of the conference went well - had to leave early to get back to Dumfries for my sister-in-law's wedding, and was bit worried about getting snowed in!

Hope the TGWU stuff is going great as well; they've got a pretty ambitious organising programme, and I'm really keen to see it deliver.

Best of luck, P.

3:01 PM  

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