Tag: UK Economy



UK Business Confidence at Six Year High

Posted on 6 July, 2013 by Kirsten Kennedy under Economy

Results posted by the British Chamber of Commerce (BCC) indicate that business confidence has reached its highest level in 6 years. This, in turn, has led the BCC to up its forecast for GDP growth to 0.6 per cent in the second quarter. According to the... Read More

Deloitte CFO Survey Shows Rising Optimism Among UK Companies

Posted on 24 May, 2013 by Jodee Redmond under Business News

The results of the Deloitte 2013 Q1 Survey have been released and they show a steep drop in uncertainty, as well as rising optimism among UK corporations. Launched in 2007, the quarterly survey gathers data from a panel made up of over 300 CFOs, mainly from... Read More

Survey Indicates Improvement in UK Business Confidence

Posted on 9 May, 2013 by Kirsten Kennedy under Economy

Last month, a quarterly growth of 0.3 per cent prevented the UK from slipping into triple dip recession. While this figure may seem so small as to be all but insignificant, it could prove to be the turning point that UK businesses have been waiting for –... Read More

Retailers Perform Well Despite Poor March Weather

Posted on 13 April, 2013 by Kirsten Kennedy under Economy

Last month, the country experienced weather more suited to Christmas than Easter, with some areas seeing several inches of snow falling over the course of only two days. For the retail industry this caused a number of issues, especially for clothing stores... Read More

Axminster Carpets Saved by Local Business Consortium

Posted on 12 April, 2013 by Kirsten Kennedy under Business News

The first quarter of 2013 has taken a heavy toll on the retail industry, with several high profile names forced into administration. However, things are beginning to look up, with both Jessops and HMV rescued from administration by buyers in the past couple... Read More

UK Manufacturing Sector Continues to Struggle

Posted on 5 April, 2013 by Kirsten Kennedy under Economy

Economic research firm Markit Economics has revealed that the UK manufacturing industry has failed to recover from a shockingly low Purchasing Managers Index in February. The four-month low result released last month read only 47.9, with March’s results... Read More

One in Six Charities Fear Closure in 2013

Posted on 17 December, 2012 by MOVEHUT under Economy

The UK’s struggling economy is proving to be bad news for charities. According to a recent poll many could disappear as early as next year unless the situation improves. The poll commissioned by the Charities Aid Foundation  (CAF) confirms  that as... Read More

UK Commercial Property Values Fall for Twelfth Straight Month

Posted on 4 December, 2012 by Jodee Redmond under Industry News

October marked the twelfth straight month that UK commercial property values fell due the country's sluggish economy, according to figures released by Investment Property Databank (IPD). The average value of warehouses, offices and stores fell by 0.3... Read More

5000 Comet Staff Face Redundancy before Christmas

Posted on 29 November, 2012 by Kirsten Kennedy under Economy

The retail industry is still struggling to recover after several tough years on the high street which saw traditional chains such as Woolworths, the GAME Group and JJB Sports enter administration. Most recently, electrical specialist Comet has been forced to... Read More