Consumer confidence edges up but remains negative
The GFK Consumer Confidence Index saw a rise in June, marking the third consecutive monthly increase.Consumer confidence increased by three points but remains negative at -14 due to the cost…
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UK economy
Every Financial News story tagged UK economy, newest first.
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Stormy April Delivers Setback to UK Construction
UK construction faced a turbulent April 2024, with output declining for the third month in succession.Heavy rainfall and strong winds, particularly from Storm Kathleen, led to a 1.4% drop in…
Business Titans Support Labour’s Economic Agenda for Transformation
120 business leaders, including top executives from JD Sports, Iceland and Boots, endorse Labour.This endorsement signals a potential political shift in line with business growth and stability.The endorsement of the…
Leading Business Figures Endorse Labour in Upcoming General Election
A growing coalition of influential business leaders has openly declared support for the Labour Party ahead of the impending general election this July.Among the endorsers is Andy Higginson, chairman of…
Campaign Group Challenges Transport Restrictions
A newly formed campaign group is challenging strict transport restrictions on crane hire companies, highlighting detrimental effects on the UK economy.The restrictions on moving mobile cranes are causing increased administrative…
Industry Leaders Criticise Increased Air Passenger Duty
Industry voices in travel and aviation have expressed significant dissatisfaction following the Chancellor's recent announcement of a one-off increase in Air Passenger Duty (APD) for non-economy flights, spotlighting the potential…
Port Expansion The £4bn Offshore Wind Opportunity
The UK must rapidly expand port infrastructure to meet offshore wind goals.Offshore wind is both a decarbonisation and economic opportunity for the UK.Floating wind technology could add £43.6bn and 29,000…
Lidl Opens its Largest Global Warehouse, Creating 1,500 Jobs
Lidl has set a new benchmark with the opening of its largest global warehouse in Houghton Regis, Luton. This substantial facility is expected to transform the company's logistics and supply…
Confidence rises in UK’s biggest firms
Finance chiefs at the UK's largest companies are becoming more optimistic about future performance, new research shows. Deloitte's latest quarterly CFO Survey found that, compared with three months ago, a…
Recession looms as UK PMI falls to 21-month low
The UK could be heading for a "deep recession", according to data released on Monday. The S&P Global and Chartered Institute for Procurement and Supply’s (CIPS) flash purchasing managers’ index…
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