Retail sales growth slows May 24, 2011 Retail sales grew more slowly in May, although they beat expectations, and firms are cautious about the outlook for growth next month, a survey by the Confederation of British Industry showed. The figures came as Bank of England policymaker Paul Fisher said he was “nervous” about the strength of household demand against a backdrop of [...]
Retail sales growth slows May 24, 2011 Retail sales grew more slowly in May, although they beat expectations, and firms are cautious about the outlook for growth next month, a survey by the Confederation of British Industry showed. The figures came as Bank of England policymaker Paul Fisher said he was “nervous” about the strength of household demand against a backdrop of [...]
Retail sales strong in April May 3, 2011 Retail sales showed solid annual growth in April, but the outlook is grim, with stores planning to cut orders with suppliers in anticipation of a weak May, a survey by the CBI business lobby showed. The CBI distributive trades survey’s April sales balance unexpectedly rose to a four-month high of +21, up from +15 in [...]
Small manufacturers storm ahead but Britain faces gloomy consumer outlook May 2, 2011 SIGNS of economic rebalancing in the UK emerged today, as separate reports showed strong manufacturing contrasting with further gloom over consumer spending. Orders at the UK’s small and medium sized factories grew at their fastest rate for 16 years in the three months to April, according to the Confederation of British Industry (CBI). A positive [...]
CITY FIGHTS FOR SEATS AT KEYNES VS HAYEK July 26, 2011 FORGET silk shorts, gum shields and sweatbands, the only kit needed for last night’s big fight in the City was a thinking hat firmly on your head and a grasp of twentieth century economic theory. At “Keynes vs Hayek”, the latest in a series of public debates hosted by the London School of Economics, some [...]
CITY FIGHTS FOR SEATS AT KEYNES VS HAYEK July 26, 2011 FORGET silk shorts, gum shields and sweatbands, the only kit needed for last night’s big fight in the City was a thinking hat firmly on your head and a grasp of twentieth century economic theory. At “Keynes vs Hayek”, the latest in a series of public debates hosted by the London School of Economics, some [...]
Manufacturing back on track May 19, 2011 BRITAIN’S resurgent factory sector remains on track for a strong recovery, according to the latest industrial trends survey from the Confederation of British Industry (CBI). Order books jumped to well above the long-run average for the survey this month, up nine points from April. Total orders rose to a two per cent negative balance (from [...]
CBI interviews 45 but then gives top job to an insider November 15, 2010 JOHN Cridland was yesterday appointed to the £310,000 a year job as the CBI’s new director-general, succeeding the outgoing Richard Lambert. The current deputy director-general, Cridland becomes the CBI’s 10th director-general but the first to be appointed to that position from within the organisation. The CBI was at pains to point out that the appointment [...]
CBI CHIEF TO PROMOTE UK PLC November 2, 2010 OUTGOING CBI chief Richard Lambert is to take up a role as a British trade ambassador, Prime Minister David Cameron will announce next week during a visit to China. The trade ambassadors programme was started under Gordon Brown in order to promote lobbying for UK business interests abroad. Its current makeup includes AstraZeneca chairman Chris Brinsmead [...]
Ex-Deloitte UK chief to join AMEC May 19, 2011 JOHN Connolly, the chief executive of Deloitte in the UK, has been appointed chairman of engineering firm AMEC. He is due to retire from his role at the top of the international accountancy firm’s British operation at the end of this month and will join the AMEC board on 1 June. He joins at a [...]