UK CBI factory outlook weakens despite Nov bounceback

British manufacturers expect their output in the next three months be its weakest in more than a year even after orders picked up in November, an industry survey showed on Thursday. The total order book balance from the Confederation of British Industry’s (CBI) monthly industrial trends survey r…

CBI Survey Says UK Exports Hit by Global Economy

A weaker outlook for the global economy is hitting UK exports and slowing the recovery in Britain’s manufacturing sector, the CBI has warned. A sluggish eurozone economy and slowing growth in China weighed on UK export order books in November as foreign demand for UK goods wanes, the lobby group said.

Spare capacity and inflation – speech by Martin Weale

In a speech given to the Northern Ireland CBI in Belfast, Martin Weale outlined the factors he believes are most important for assessing inflationary pressure in the economy. He focussed on two areas of the economy where inflationary pressure can build and which MPC action can influence

Steady growth in UK retail sales – CBI

Retail sales continued to grow steadily in the year to May, for the sixth consecutive month, although at a slower pace than in April, according to the CBI’s latest Quarterly Distributive Trades Survey. The survey of 136 firms showed that retailers expect a faster rise in sales next month, and exp…