Saturday 30 January 2010

Voiceover Artist Sasha Twining's latest Business News

Here is this weeks business news from BigFish Media Voiceover Artist Sasha Twining:

WITH WINGS?
For technical bods, this week was probably marked with a great big red ‘X’ on their calendars. Apple finally revealed their latest gizmo. It looks remarkably similar to the iPhone, but will appeal to those who prefer to read their books on screen rather than paper. Cyber chatter was mainly concerned with guessing its name. Steve Jobs rejected the popular ‘iTab’ going for ‘iPad’ instead. Unkind critics have likened the moniker to a female sanity product.

STORE
Storage companies have been doing well during the recession. We’ve been placing far more of our worldly possession into their care. It seems homeowners trapped in a stagnant property market have been freeing up space while they hunt around for a larger home to move into. Other top reasons include clearing out a spare room for a lodger, or sorting out a sitting room to use as a home office.

AMAZING AMAZON
We all know that we’re doing more shopping online, but I for one was very surprised at the sheer volume of online sales at Amazon this Christmas. The retailer revealed a huge 70% rise in profits. On one day alone in the festive period, they took two million orders – that’s the equivalent of 23 every second. I imagine many high street retailers are desperately trying to think of a way to get us off the mouse and through the door instead.

FLYBE OR NOT FLYBE
2009 is now on record as the toughest year for the airline industry. A fall-off in business travel, and the effect of the ‘stay-cation’ bit hard into the big airliners. FlyBe though have a reason to be feeling rather smug. Their figures showed an increase in passenger numbers. They also carried more UK domestic travelers than any other airline.

GOING FOR GOLDMAN
And finally, the UK officially exited recession this week, although if you’re struggling with jobs, mortgages and bills, it’s a technicality that may not give you much cause for celebration. The City was expecting a GDP increase of between 0.2 and 0.4%. In the end we all had to settle for 0.1%. Spare a thought for analysts at Goldman Sachs though – they’d forecast an eye-watering 0.7% growth figure. One prediction I’m sure they’d like to brush under the carpet.

Sasha Twining is LBC 97.3's Business Correspondent. You can hear her Monday-Friday between 4 and 7pm on the James Whale Programme.

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