Manufacturing order books remained robust and output growth accelerated in February, according to the latest CBI Industrial Trends Survey. The survey of 380 manufacturers found that total order books improved slightly on January, although they remained below levels recorded in November and Decemb…
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Business secretary says foreign manufacturing giants have approached the government with concerns about UK quitting Vince Cable has admitted that the government is battling to reassure foreign investors who are increasingly worried about a potential British exit from the European Union. The business secretary has told worried companies that there is a 5% chance Britain will leave.
A survey by the business group the CBI found that around 95% of British business leaders are worried about the cost of energy Japan will switch off its last nuclear reactor on Monday, amid fears that a growing dependence on gas imports there could push up electricity bills in the UK. Kansai Electric Power’s only functioning reactor was scheduled to be disconnected from the power grid and then shut for planned maintenance, ending hopes that an industry that until three years ago provided 30% of the electricity to power the world’s third largest economy would stage a quick recovery
Retailers saw sales volumes continue to strengthen on a year ago in the first half of February, although the pace of growth slowed once again, the CBI said. The CBI’s latest quarterly Distributive Trades Survey, which covers the first two weeks of February, revealed that 37% of retailers saw an i…
Banks exploited consumer ignorance over PPI for more than a decade and then spent years defending the indefensible Payment protection insurance was, in most cases, a terrible product.
Ex-CBI man McCafferty is the latest monetary policy committee member and has given his thoughts on state of play for recession-hit UK economy
The United Kingdom released the CBI trends total orders for April, where the figure remained steady at -8 in line with the previous reading, missing estimates of -6.
The United Kingdom released the CBI trends total orders for March, where the figure dropped to -8 from -3, worse than estimates of -5.
…depositors in Swiss Banks are also reported to be Indians,” CBI Director AP Singh said speaking at the inauguration of first interpol global programme on anti-corruption and asset recovery. He said getting information about such illegal transactions is a time…
The Confederation of British Industry (CBI) said the UK economy will avoid a technical recession and growth will gain momentum in the second half of 2012.
…on January 23 to impose sanctions on oil imports from Iran as of July 1. The sanctions involve an immediate ban on all new oil contracts with the Islamic Republic and freezing the assets of the Central Bank of Iran (CBI) within the EU
Business group says British economy needs to wean itself off debt-driven household and government consumption Britain urgently needs to rebalance its flagging economy away from dependence on domestic demand by ramping up exports and business investment, the CBI has warned. In a report, the employers’ group admitted the challenge to refocus the economy was “substantial” but argued that Britain had little choice but to move away from relying on government spending and consumer demand, given that the former was being cut and the latter dwindling.
The U.K. urgently needs to rebalance its economy and make it less reliant on debt-fuelled consumer and government spending, reports said Friday citing a statement by the Confederation of British Industry (CBI).
FXstreet.com (Barcelona) – UK CBI Industrial Trends Survey – Orders rose by 1% in June, following a… For more information, read our latest forex news and reports