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Long term inflation has forced accountants to examine traditional accounting techniques. Old historical cost methods are giving way to inflation pegged accounting. Yet inflation accounting raises problems for management. Chris Phillips investigates.

Sport sponsorship—seemingly well established—is coming under sharp attack. Yet sponsorship remains a flourishing sub‐industry, and sponsors are fighting off accusations that they are not playing the game. Chris Phillips

Bartering, or compensation trading as it's often known, is flourishing against a background of foreign exchange scarcity and inflation. For many firms, it provides a useful foothold on the markets of Eastern Europe and Latin America, but for those new to the game bartering can be dangerous. Chris Phillips reports.

National Coal Board chairman, Derek Ezra, believes that a further run‐down in the coal industry will endanger the security of Britain's fuel supplies. His warning comes at a time when Middle Eastern countries are demanding a bigger stake in oil production. Chris Phillips reports.

Management's handling of the Lucas Aerospace corporate plan — prepared by shop stewards in a bid to safeguard jobs — could imperil forthcoming pay talks. Report by Chris Phillips.

CHRIS PHILLIPS puts the horse before the cart in material handling.

Union leader Roy Grantham, disgruntled by what he sees as lack of information given by many managements during wage negotiations, is planning a showdown. In the event of a talks deadlock, he is prepared to make public confidential company details—to which his clerical and computer staff have access—if he thinks it's in the interests of members and shareholders. Chris Phillips sees this as a potentially explosive tactic at a time when certain provisions of disclosure are due to become law.

Three men decided to set up on their own in the fiercely competitive road trailer market. Chris Phillips reports on the enthusiasm which keeps the company thriving — and the problems which threaten its future.