Steve Jobs’ last dance at Apple, was announced on 27th January 2010. This was the release of the iPad. The jury still seems to be out, on whether or not it will revolutionise the reading market as it is claimed it should. This year, is marked as the year of the eBook and if it turns out that way then the iPad is sitting on the precipice of being another visionary piece of work by Jobs, if not, he will probably be remembered for its failure.

Going green seems to be having a major focus after the Copenhagen Accord was acknowledged. More and more businesses are starting to look at their environmental responsibilities, and the larger than normal costs associated with them. The recession is holding it back somewhat but this could be a welcome change for the future.

The largest European food and beverage deal has taken place and created the world largest confectioner. Kraft’s £11.9bn purchase of Cadburys has caused many concerns about job cuts and product reductions. Hopes of saving the Somerdale plant were shattered when Kraft announced it closure and thus costing 400 jobs. Kraft had mentioned pre purchase that they would try and save the plant, but have now acknowledged that Cadbury’s plans to move to Poland were too advanced.

The UK automotive industry was warned by KPMG to be wary of 2010 manufacturing prospects even though there was a 64.9% increase in January production figures compared to last years January figures. This marked increase is great news for a beleaguered industry, but 2009 is a very low base. The caution, however, has merit in that they also mentioned that more firms fail coming out of a recession than going into it.

The Greek financial crisis has thrown the Eurozone into deep discussions about how it can help the debt laden country without creating a bail-out scheme. The Greek banks have been downgraded by ratings agencies to BBB, and discussion has taken place as to the future effect on the Euro. The Euro’s central bank policy of not doing bail out schemes is good in principal, but interventions of some sort will be required to ensure economic stability for the region and the major trading partners in Europe.

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