Manufacturing activity drops to nine-month low following Budget Economics Rob Dobson, director at S&P Global Market Intelligence, said manufacturing was struggling due to a combination of high costs, weak demand and concerns over the economic outlook.
JCB issues warning despite sales hitting £6.5bn and profit surge amid housebuilding struggles Business JCB reported a steep 44.5 per cent rise in pre-tax profit to £805.8m, despite wider struggles in the UK housebuilding market.
CBI urges government to have closer ties with EU to help boost services trade Economics In a new report, the business group argued that closer ties with the UK's major trading partners would help deliver the economic growth which the new government has pledged to deliver.
Scotch Whisky sector demands support amid export slump September 12, 2024 The Scotch Whisky Association has called on the government to provide additional support to the industry following a slump in exports. The Scotch Whisky industry is a major contributor to the UK economy. The Scottish Whisky Association (SWA) states that the industry is worth £7.1bn annually and supports 66,000 jobs across the UK, mainly in [...]
ABP: Port operator slips back into the red as economic uncertainty dents finances July 3, 2024 Associated British Ports (ABP) slumped back into the red after "ongoing uncertainty" in the global economy took a toll on its finances.
Growth in services exports not enough to prevent widening UK trade deficit April 22, 2024 The worsening aggregate picture comes from a widening trade deficit with the EU.
Services trade sees UK become world’s fourth largest exporter April 9, 2024 The UK has become the world’s fourth largest exporter thanks to a boost in services, fresh trade figures have shown.