Business NEWS

UK faces post-Brexit skills crisis, construction bodies warn

A coalition of professional bodies warned on Wednesday that the UK’s skills crisis in the construction sector could get much worse if the Government does not take steps to ensure access to a … Continue reading “UK faces post-Brexit skills crisis, construction bodies warn”


UK jobs market ‘skating on thin ice’, survey suggests

The UK jobs market is ‘skating on thin ice’ according to a new report from recruitment agency Manpower. Its latest survey shows that the EU referendum result has done little to dampen employers … Continue reading “UK jobs market ‘skating on thin ice’, survey suggests”


Can Technology Combat the Cost of Living Increase?

The cost of living in the UK is constantly rising just as it is everywhere in the world, but is it always the case that everything around now costs more? In April 2016 … Continue reading “Can Technology Combat the Cost of Living Increase?”


BCC cuts UK growth forecasts, responds to Liam Fox comments

The British Chambers of Commerce (BCC) has lowered its growth forecast for UK GDP but said it expects the country to avoid a recession. In its first economic forecast since the EU referendum, … Continue reading “BCC cuts UK growth forecasts, responds to Liam Fox comments”


Government urged not to ‘backslide’ on National Living Wage

The UK government should stick to its policy on the ?National Living Wage? (NLW), a think-tank said on Wednesday. The Resolution Foundation warned that limiting planned increases to the hourly rate could leave … Continue reading “Government urged not to ‘backslide’ on National Living Wage”


Women ask for pay rises as often as men but have less success

New research dispels the theory that women get paid less than men because they are not sufficiently pushy in the workplace. The study Do Women Ask? found that women ask for pay increases … Continue reading “Women ask for pay rises as often as men but have less success”


UK service sector returns to growth

New data on the the UK?s services industry ? which accounts for nearly 80% of the economy ? suggests that the country will avoid a recession this year. The Markit/CIPS UK Services PMI … Continue reading “UK service sector returns to growth”


UK manufacturers report ‘solid rebound’ in August

Activity in the UK?s manufacturing sector rebounded in August, according to the latest Markit/CIPS purchasing managers? index (PMI), released on Thursday. The seasonally adjusted UK Manufacturing PMI stood at 53.3, recovering from the … Continue reading “UK manufacturers report ‘solid rebound’ in August”


Consumer confidence rebounds as Brexit shock subsides

Confidence among UK consumers increased by five points in August, with all five measures used to calculate the index score rising from July. Market research firm GfK reported on Wednesday that its long-running … Continue reading “Consumer confidence rebounds as Brexit shock subsides”


UK service sector sees slower growth, drop in optimism

Optimism in the UK’s dominant services sector declined in the three months to August, according to the latest quarterly report from the Confederation of British Industry (CBI) released on Tuesday. The Service Sector … Continue reading “UK service sector sees slower growth, drop in optimism”


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