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Gas prices threat call


Peter Hain, the energy minister, has warned oil and gas industry leaders about the impact of high gas prices on the UK economy. He made the warning to a meeting of Pilot, the sector’s taskforce for overseeing initiatives and developing upstream relations.
Manufacturers euro-shy


Manufacturers are more wary of joining the euro than at any time during the past two years, according to a survey just published by the Engineering Employers’ Federation.
Freight routes upgrade


The Strategic Rail Authority, the government’s rail agency, has provided £4 billion to upgrade rail freight routes. The developments include four new terminals around London, two in the north-west and expanded midlands sites, and a capacity for trains up to 750m in length, each capable of carrying up to 3,500 tonnes of bulk freight.
IBM clinches Fiat deal


IBM has fought off US rival Electronic Data Systems to clinch a deal to manage Fiat’s back-office computer systems worth more than $6 billion. The outsourcing deal, covering payroll, order management and other IT systems, will run for between seven and 10 years.
Technology ‘overvalued’


There is no correlation between IT spending and profits, IT research company the Butler Group will tell delegates at its annual symposium later this month. It claims technology has been overvalued by companies involved in an "arms race" of spending. IT investment, it says, only increases profits if a business is well managed.
The Management Century
Stuart Crainer John Wiley, £18.95
E-com controls blasted
A committee of MPs has delivered a contemptuous verdict on plans to regulate electronic commerce.

The trade and industry select committee described some of the government’s proposals as “not fit to be written into law”.
Time to make it better
The NHS national plan presents a unique opportunity to purchasing and supply professionals, says Duncan Nichol
Rover reviews function
Rover Group, now owned by the consortium Phoenix, will be examining its purchasing strategy in the wake of the company’s break-up by former owner BMW, writes David Arminas.
Sports skills shortage

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