Labour’s Budget will ‘hit growth’, CBI boss warns November 25, 2024 In a speech set to be delivered at the CBI's annual conference later today, Newton-Smith will warn about the impact of the Budget on businesses.
Reeves ‘not satisfied’ as economic growth slows in third quarter November 16, 2024 Rachel Reeves has said she is “not satisfied” after official figures showed economic growth slowed in the months after Labour won the election, and even contracted in September. The UK economy grew by 0.1 per cent between July and September, versus 0.5 per cent growth in the previous quarter, the Office for National Statistics (ONS) [...]
Reeves’ championing of co-operatives is an exciting step for growth November 15, 2024 Rachel Reeves' plan to revive co-operatives represents an innovative play for growth, writes City MP Rachel Blake.
Meet the Trinidad-born entrepreneur shaking up a UK rum renaissance November 15, 2024 How this entrepreneur plans to introduce authentic Caribbean culture to the UK premium drinks market.
Firms blame Budget uncertainty as economy slows sharply in third quarter November 15, 2024 The UK grew at a slower pace than expected in the third quarter, according to new figures, with business groups pointing to the impact of uncertainty ahead of last month’s Budget. New figures from the Office for National Statistics (ONS) showed that the economy grew 0.1 per cent in the third quarter, after contracting 0.1 [...]
Fresh data reveals ‘more complex picture of economic welfare’ November 13, 2024 Many advanced economies have suffered from a slowdown in GDP growth since the financial crisis.
All hail the regulator going for growth November 12, 2024 At last month’s Investment Summit in the City, Keir Starmer set out an admirably clear view of how he wants this country’s regulatory bodies to work, telling delegates: “we will make sure that every regulator in this country, especially our economic and competition regulators, takes growth as seriously as this room does.” There’s been no [...]
Protective services sector leads London job growth November 8, 2024 Police and emergency services are among the sectors in London that have shown the most growth over the past five years, according to a study. Protective service occupations in the capital saw 12.3 percent total real growth since 2019, research by venture capital group Oxford Capital found. These jobs reported a total real growth of [...]
UK economy at risk of higher inflation and slower growth due to Trump tariffs November 6, 2024 During the election campaign, Trump threatened to increase tariffs on foreign imports by between 10-20 per cent while also placing 60 per cent tariffs on Chinese goods.
Firms worry about flatlining growth amid Budget tax rises concerns October 30, 2024 Private sector firms expect to see growth flatline in the final months of the year, a survey suggests, as concerns about the Budget build. For the second successive month, the Confederation of British Industry’s (CBI) growth indicator showed that businesses do not expect to see any change in activity over the next quarter. The CBI [...]