Manufacturing activity bounces back after poor October showing, but Brexit doubts remain November 20, 2018 Manufacturing activity picked up in the quarter to November, as the industry rallied after a disappointing October report, according to the latest statistics from the Confederation of British Industry (CBI). The organisation's latest monthly Industrial Trends Survey said it expected manufacturers to benefit from ongoing global economic expansion and a low sterling exchange rate. But weak growth [...]
How worried should we be about the slowdown in German manufacturing? November 19, 2018 | City Talk German industrial production contracted by 1.2% in Q3 and is behind the general slowdown being seen in eurozone manufacturing. What is causing the decline and how concerned should investors be? Kaputte Autos Taking a closer look at the breakdown of Germany’s production data reveals that most of the economy’s manufacturing sub-sectors are performing well. The [...]
UK manufacturing confidence slides to 16-month low November 12, 2018 UK manufacturing confidence fell to a 16-month low in October having fallen for a fourth consecutive month, according to a report published today by accountancy firm BDO. Manufacturing confidence fell to its lowest level since June 2017 according to BDO’s business trends report, falling 1.82 points to 106.66, while manufacturing business output slipped from 103.26 to [...]
The City helps fuel economic growth right across the country, so be wary of those who want to clip its wings October 28, 2018 One of the most pernicious elements of Labour's current economic platform is the idea that the City is entirely distinct from (and damaging to) the so-called real economy. Jeremy Corbyn and John McDonnell's stump speeches routinely contain attacks on predatory bankers, fat-cats and financial speculators. The labour leader also seems to have a personal vendetta against [...]
BMW prepares to plough billions into Chinese joint venture October 11, 2018 BMW is prepared to spend big in order to take control of Brilliance Automotive (BBA), its joint venture in China, it emerged today. The German manufacturer is set to part with €3.6bn (£3.14bn) to up its stake in the company from 50 per cent to 75 per cent, and will also invest more than €3bn to [...]
Manufacturing props up UK output growth as business optimism wanes October 8, 2018 British business output growth is being propped up by the resilient performance of the manufacturing sector, despite ongoing uncertainty. Though still falling below long-term trends, output held steady in September, while business optimism declined, according to BDO’s latest Output Index. Read more: Lloyd's boss 'accelerates' Brussels operation amid no-deal fears The manufacturing sector, which makes [...]
British manufacturing output growth weakens as exports hit slowest in almost a year September 24, 2018 Growth in the British manufacturing sector slowed as exports cooled, according to data published today. Expansion in output slowed to the lowest since May in September, the survey of more than 400 major manufacturers by the Confederation of British Industry (CBI) showed. Exports weakened to the slowest expansion since October 2017, with a balance [...]
Four-fifths of manufacturers not ready for no-deal Brexit as economists warn of £40bn hit September 21, 2018 The vast majority of British manufacturers are unprepared for a no-deal Brexit, a poll will show today, as economists predict a major £40bn hit to the UK economy in the event of a disorderly exit from the EU. More than four in every five manufacturing firms say they are not prepared, the survey by the [...]
Network Rail: Hungry shoppers and record car manufacturing keep Britain’s freight trains chugging ahead September 7, 2015 Rising consumer spending, faster delivery services and a jump in UK car manufacturing has sent the number of goods needing to be sent up and down the country by freight trains steaming ahead, according to new research from Network Rail. In a report published in partnership with Royal Mail and the Co-Op, Network Rail said [...]
Manufacturing growth forecasts halved amid market turmoil September 6, 2015 MANUFACTURING growth is expected to be slower than expected this year, as the recent turmoil in Europe and China’s economic slowdown threaten to dampen demand for orders at home and abroad. EEF, the manufacturers’ organisation, and law firm DLA Piper have halved their 2015 growth forecast to 0.7 per cent in the third quarter from [...]