The British economy could shrink for a quarter or two and inflation may near 4 per cent this year, the Bank of England said on Wednesday in its bleakest forecasts since the Labour government took power in 1997.
Economists said the expected spike in inflation even further above the central bank’s 2 per cent target meant [...]

Prepackaged food such as Kraft low- fat Italian salad dressing and Kettle Chips may be forced from Hong Kong shelves because of new labeling rules passed last month, according to supplier associations.
Imported, prepackaged products will need to be retested and relabeled to comply with new Hong Kong regulations that require detailed nutritional information. This may [...]

Wellington City Councils strategy and policy committee voted unanimously yesterday to foot the $450,000 bill to create five off-field practice pitches.
Trustee of the Basin Reserve Trust and Wellington city councillor John Morrison said the additions will ensure the Basin meets the expectations of the International Cricket Council when it assesses venues for a %26quot;warrant of [...]

Cricket Wellington boss Gavin Larsen has gone cap-in-hand to Wellington City Council, asking for $450,000 to help move the wickets.
The Basin, the fourth oldest test venue in the world, could lose that status if it does not meet the International Cricket Councils new %26quot;warrant of fitness%26quot; being developed for international venues.
Larsen said the criteria were [...]