Time to start a business - UK's 'most struggling cities' are in the North
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Ten of the UK's 12 most struggling towns and cities are in the North of England, new research shows. Critics say the findings undermine George Osborne's plan to create a Northern Powerhouse to bridge the North-South divide. Rochdale's economy is declining most steeply, followed by Burnley, Bolton, Blackburn and Hull, according to a report by the Joseph Rowntree Foundation. They are followed by Grimsby, Dundee, Middlesbrough, Bradford, Blackpool, Stoke-on-Trent and Wigan. Yahoo
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The number of profit warnings posted by publicly listed companies has reached the highest level since the last recession, according to a survey.
There were 100 warnings by companies listed on the London Stock exchange between October and December - the most since the start of 2009, it said.
Companies are obliged to warn their investors when they think they will earn less than previously expected. (source BBC News)