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Daily Business News Round Up 15/07



The Artesian Blog takes a look at the business headlines:

Microsoft Office users attacked by cybercriminals - Microsoft Corp warned that cybercriminals have attacked users of its Office software for Windows PCs, exploiting a programing flaw that the software giant has yet to repair.

The world's largest software maker issued the warning on Tuesday as it released patches to address nine other security holes in its software.(full story)


Microsoft 'is king of UK brands' - US computer giant Microsoft has won back its crown as the number one consumer brand in the UK.

The 12th annual top 500 Superbrands survey has revealed the winners and losers during this economic downturn. (full story)

Miliband promises more green jobs but Vestas wind turbine plant is closing - One of Britain’s biggest employers in the green energy industry is to cease production within hours of a government announcement today pledging as many as 400,000 green jobs by 2015.

Ed Miliband, the Energy and Climate Change Secretary, will claim that Britain will become a world leader in low-carbon technology and manufacturing. (full story)

BBC joint venture with Channel 4 'is near' - A joint venture between Channel 4 and the BBC’s commercial arm is on the verge of being agreed, the chief executive of BBC Worldwide said yesterday.

Speaking as revenues for the corporation’s commercial subsidiary passed the £1 billion mark for the first time, alongside a sharp fall in its profits, John Smith said that the two broadcasters were on the verge of an agreement. (full story)

Inflation drops below Bank's target for first time since 2007 - The economy edged closer to deflation last month as the retail prices index (RPI) registered a record 1.6 per cent annual fall – the steepest drop in the cost of living since modern records began in 1948, and probably since the early 1930s.

The consumer prices index (CPI), the internationally comparable measure that strips out the lower mortgage interest costs that have left the RPI in unsheltered territory, also fell. It declined from 2.2 per cent in the year to May to 1.8 per cent, pushing it below the Government's 2 per cent target for the first time in almost two years. (full story)

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