Retail sales slow as households ‘feel the pinch’
The UK high street returned to “tepid trading conditions” in May as households increasingly began to “feel the pinch”. Retail sales were broadly flat in the year to May following strong growth in...
View ArticleManufacturing production grows at fastest pace since 1995
Production among UK manufacturers grew at the fastest pace since January 1995 in the three months to July, a new report has revealed. According to the latest quarterly CBI Industrial Trends Survey of...
View ArticleRetailers enjoy summer sales boost
Retail sales growth picked up in the year to July, exceeding expectations for minimal growth and driven by strong performances from clothing shops and grocers. According to the latest monthly CBI...
View ArticleCBI launches manufacturing council with Brexit focus
The CBI has announced it is setting up manufacturing council to help support the UK’s makers and capitalise on growing opportunities in industrial digitisation, innovation and emerging markets....
View ArticleManufacturers report robust order books
Manufacturing firms have said their order books remained strong in August while expectations for selling prices ticked up, new figures reveal. According to the CBI’s latest monthly Industrial Trends...
View ArticleRetail sales cool unexpectedly in August
UK retail sales growth slowed in August at the fastest pace in more than a year as higher inflation continues to squeeze consumers’ pockets. The latest quarterly CBI Distributive Trades Survey showed...
View ArticleServices sector ‘a mixed bag’ as volumes grow but higher costs hit profits
Demand in the services sector held up in the three months to August, with volumes in business and professional services growing at the fastest pace in over a year. However, rising costs in both...
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People: CBI makes senior regional hire; Law firm takes on host of trainees;...
The CBI has appointed Leon Thompson as assistant regional director in Yorkshire and the Humber. Thompson joins the CBI from CHEP, where he was a national account manager focused on large manufacturing...
View ArticleRetail sales hit two-year high in September
Retail sales hit a two-year high in September following a decline in the previous month’s figures, according to the latest survey from the CBI. The survey found that sales for the time of year were...
View ArticleGrowth holds steady but at slower pace than expected
UK private sector growth momentum held broadly steady in the three months to September, according to the latest CBI Growth Indicator. The composite measure based on 728 respondents across the...
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CBI leader calls for Yorkshire devolution deal to boost global competitiveness
An agreement between Westminster and Yorkshire could deliver the biggest devolution package seen yet and is imperative if the region is to create the scale it needs to compete effectively in the global...
View ArticleManufacturing firms’ investment intentions at weakest level since 2009
Manufacturing firms’ building investment intentions are back down to their weakest since 2009, according to the CBI’s latest survey of the sector. Investment intentions for the year ahead deteriorated,...
View ArticleRetail sales slide at quickest rate since 2009
Retail sales have fallen at the quickest rate since March 2009, the height of the financial crisis, according to new figures. The latest monthly CBI Distributive Trades Survey shows that, in the year...
View ArticleSME optimism falls for first time in a year
The UK’s small and medium-sized (SME) manufacturers saw optimism deteriorate for the first time in over a year, new figures reveal. According to the latest CBI SME Trends Survey, SME manufacturers...
View ArticleManufacturing orders strongest in 30 years
Britain’s manufacturers have reported the strongest order books since 1988, according to latest data. Growth in manufacturing output accelerated in the three months to November according to the latest...
View ArticleRetail sales pick up but business conditions deteriorate
Retail sales picked up in the year to November following a significant dip in October. The latest CBI Quarterly Distributive Trades Survey has seen the strongest growth in average selling prices in...
View ArticleServices sector demand weakens
Demand in the services sector weakened in the three months to November, as consumer services saw business volumes fall at the fastest pace since February 2012. According to the CBI’s latest quarterly...
View ArticleUK growth to stay ‘steady but subdued’
UK economic growth is expected to stay steady but subdued over the next couple of years, according to the latest CBI Economic Forecast. The tepid growth seen in 2017 is set to continue. The CBI’s view...
View ArticleSlowdown in growth ‘confounds expectations’
Contrary to expectations of steady growth, momentum in UK private sector growth slowed in the three months to November, according to the latest CBI Growth Indicator. The composite measure based on 676...
View ArticleBumper order books boost manufacturers
Manufacturing order books were stable and close to a 30 year high in the three months to December, according latest figures. The monthly CBI Industrial Trends Survey shows that strong overall order...
View ArticleBusinesses optimistic about job creation in 2018
Companies remain optimistic about their ability to generate jobs in the short-term, building on the UK’s record labour market performance, a survey has revealed. According to the latest CBI/Pertemps...
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