Monthly Archives: December 2011

Gold commodity price ‘to reach $2000 an ounce’ in 2012

Having reached an all-time high in September this year, the commodity price of gold will go on to even “loftier levels” in 2012, a trading expert has predicted.

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Public purchasers urged to mind their PQQs

Business groups, including the National Farmers Union, call for public purchasers to include prompt payment in pre-qualification questionnaires.

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Carpetright profit drop prompts supplier squeeze

The carpet retailer is in talks with suppliers to lower prices after profits hit the floor.

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Call for cops to increase policing of procurement

Her Majesty’s Inspectorate of Constabulary wants police authorities and watchdogs to take a proactive approach to overseeing purchasing activity.

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EU should fund SME training for purchasers

Funding from the EU is needed to improve purchasers’ abilities and understanding of the SME and voluntary sectors, says the National Council for Voluntary Organisations.

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China lead consumption set for dramatic rise

China is set to consume a record amount of lead next year to make batteries for cars, electric bikes and lighting, pushing global stocks to their lowest level in 5 years and sending prices higher.

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US-India agreement aims to improve aluminium recycling

The US-headquartered Aluminum Association has signed a Memorandum of Understanding (MOU) with the Aluminium Association of India which aims to boost recycling of the metal.

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Chinese manufacturers scale up sustainability drives

State policy encouragement, together with the growing prestige of corporate sustainability, is pushing Chinese manufacturers to scale up their operational and supply chain sustainability programmes, new research reveals.

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US firms place no limit on maximum value of gifts

Just 38 per cent of US firms specify a dollar limit on gifts or entertainment staff are allowed to accept.

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Councils set to save £85 million with framework deal

141 councils join money-saving waste management framework agreement set up by a social enterprise.

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