Tag: UK economy
Manufacturing Output Contracts in Q1 – CBI Report | London Business
The latest report from the Confederation of British Industry (CBI) reveals a concerning trend in manufacturing output volumes, which have seen a decline in the first quarter of the year. This news comes amidst...
Government Must Drop Punitive Pension Tax Changes for Savers
Breaking News: Government Urged to Rethink Punitive Pension Tax Changes for SaversIn a recent development that has sparked widespread concern among savers across the nation, the Government's proposed pension tax changes are facing backlash...
Meet Boris Johnson: London Business News £121 Handshake Offer
The City of London Corporation has recently unveiled new images to highlight an ongoing reinvention within the city. As this transformation takes place, the landscape of the business world is evolving, with various sectors...
Chancellor’s Budget Impact on British Businesses – London Business News
British businesses are facing tough times ahead as a recent survey reveals alarming trends in the wake of the Chancellor's Budget announcement. Small businesses are grappling with a significant drop in confidence, with many...
UK Productivity Crisis: Blaming Excessive Meetings and Wasted Skills
The UK is facing a productivity crisis, with 67% of employees feeling they are not as productive as they could be at work. This revelation comes from a recent study by Cognassist, which surveyed...
Currency Strength: Pound and Dollar Forecast in London Business News
Challenging Times for the British Pound Amid Economic UncertaintyThe recent fluctuations in the currency markets have brought the British pound under the spotlight, particularly in comparison to the US dollar. The pound's struggles against...
Pound Faces Downward Pressure as Economic Growth Declines in London – London Business News
The British pound is currently facing downward pressure, especially against the U.S. dollar, which is having a strong week. The Federal Reserve's cautious approach to monetary policy and Chair Powell's positive remarks about the...
Sterling Risks: Bank of England Rate Cut Concerns – London Business Updates
The British pound saw some stability on Friday, following a rebound on Thursday, but concerns about a potential Bank of England rate cut remained. The pound remained close to recent lows as investors monitored...