Archive for the 'CBI' Category

CBI survey reveals optimism among retailers

A survey by the Confederation of British Industry (CBI) today revealed shoppers hit the High Street in July, with sales increasing at the fastest pace in more than three years.
According to the CBI’s monthly distributive trades survey, supermarkets, clothes and shoe shops received the most business as sales grew at the fastest rate since April [...]

CBI’s Richard Lambert to step down

Richard Lambert, the Director General of Britain’s largest business organisation, the Confederation of British Industry (CBI), has announced he will step down in 2011 – when his five-year term ends.
Mr Lambert has been with the lobby group since July 2006 when he replaced Sir Digby Jones.
He was previously a member of the Bank of England’s [...]

Survey reveals financial services sector is growing

A quarterly survey of the UK’s financial services sector by PricewaterhouseCoopers (PwC) and the Confederation of British Industry (CBI) has revealed that the industry is growing, albeit at a slower pace than expected.
According to the survey, activity in the sector in the last three months has grown at its fastest rate since September 2007, [...]

CBI: Consumers stock up on food and TVs for World Cup

A survey by the Confederation of British Industry (CBI) today revealed a mixed June for retail sales with footwear stores hit but food and electrical retailers experienced good growth.
According to the CBI’s monthly distributive trades survey, over one third of retailers reported a rise in the volume of sales during the first two weeks of [...]

CBI revises growth prospects for UK economy

Releasing its latest economic forecasts today, the Confederation of British Industry (CBI) is forecasting that the economy will expand by 1.3% in 2010 – slightly higher than its forecast of 1% in March.
The business group revised its growth forecast upwards due to a strong recovery in the manufacturing industry.
However, it left its prediction for [...]

May retail sales fall to 14-month low

A survey by the Confederation of British Industry (CBI) has revealed a fall in UK retail sales for the month of May.
Its monthly distributive trades survey reported a sales balance of -18 in May from +13 in April – a 14-month low and the biggest one-month drop in the index since January 2005.
According to the [...]