Brexit, Trump tariffs and China set to weigh on UK trade January 13, 2025 UK trade will only grow by 0.7 per cent annually between 2023 and 2033, according to new projections from Boston Consulting Group (BCG).
Vitabiotics: Turnover nears £200m at vitamins giant run by former Dragons’ Den star Tej Lalvani December 16, 2024 Sales at Vitabiotics, the vitamins giant run by former Dragons’ Den star Tej Lalvani, jumped towards the £200m mark during its latest financial year as its profits also increased. The London-headquartered business has reported sales of £196.4m for 2023, according to accounts filed with Companies House long after the 30 September deadline. The new total [...]
Manufacturing activity drops to nine-month low following Budget December 2, 2024 Rob Dobson, director at S&P Global Market Intelligence, said manufacturing was struggling due to a combination of high costs, weak demand and concerns over the economic outlook.
JCB issues warning despite sales hitting £6.5bn and profit surge amid housebuilding struggles September 23, 2024 JCB reported a steep 44.5 per cent rise in pre-tax profit to £805.8m, despite wider struggles in the UK housebuilding market.
CBI urges government to have closer ties with EU to help boost services trade September 17, 2024 In a new report, the business group argued that closer ties with the UK's major trading partners would help deliver the economic growth which the new government has pledged to deliver.
Scotch Whisky sector demands support amid export slump September 12, 2024 The Scotch Whisky Association has called on the government to provide additional support to the industry following a slump in exports. The Scotch Whisky industry is a major contributor to the UK economy. The Scottish Whisky Association (SWA) states that the industry is worth £7.1bn annually and supports 66,000 jobs across the UK, mainly in [...]
ABP: Port operator slips back into the red as economic uncertainty dents finances July 3, 2024 Associated British Ports (ABP) slumped back into the red after "ongoing uncertainty" in the global economy took a toll on its finances.
Growth in services exports not enough to prevent widening UK trade deficit April 22, 2024 The worsening aggregate picture comes from a widening trade deficit with the EU.
Services trade sees UK become world’s fourth largest exporter April 9, 2024 The UK has become the world’s fourth largest exporter thanks to a boost in services, fresh trade figures have shown.