Britain’s manufacturers are continuing to report “buoyant trading conditions” on the back of rising demand in overseas markets, according to a joint study from trade organisation, EEF, and accountancy firm BDO LLP. In their latest “Manufacturing Outlook” report, the pair suggest that the recovery begun at the end of last year has been sustained, with [...]
The CIPS/Markit manufacturing purchasing managers’ index (PMI) has today revealed UK manufacturing activity slowed further in July.
The closely-watched CIPS/Markit manufacturing PMI dipped slightly from 57.6 in June to 57.3 in July.
However, the reading exceeded forecasts of 57.0 and is still close to May’s 15-year high of 58.1.
Furthermore, the sector has now expanded for a whole [...]
A joint survey by manufacturing organisation, the Engineering Employers’ Federation (EEF) and accountancy firm, BDO, has revealed that Britain’s manufacturers are bucking the trend in the sluggish economic recovery.
According to their research, an increasing amount of manufacturing firms have experienced an increase in demand from overseas markets.
The balances of manufacturers reporting increases rather than decreases [...]
The Confederation of British Industry (CBI) has said that in order to control public finances, a two-year pay freeze should be imposed on most public sector workers’ pay.
Selected public sector pay and recruitment freezes could save £18 billion in the next two years, the business group argued, and it highlighted that pay freezes were the [...]
A survey from the Confederation of British Industry (CBI) has provided some optimism for the UK economy but the business group warns of a drawn-out recovery.
According to the CBI, its survey found business volumes stabilising across the services sector over the last three months.
Meanwhile, the survey found that consumer services, which include hotels and travel, [...]