Nov 27, 2023 | Current Affairs
In the latest industrial trends survey by the Confederation of British Industry (CBI), manufacturers reported a significant decline in output volumes for the three months leading up to November. Contrary to expectations for expansion, production fell to -17%, down...
Nov 16, 2023 | Current Affairs
Official figures reveal that pay growth in the UK has exceeded inflation by the highest margin in two years, offering a glimmer of hope in the face of persistent economic challenges. Between July and September, regular pay increased at an annual rate of 7.7%,...
Nov 15, 2023 | Current Affairs
In October 2023, the UK witnessed an 18% increase in company insolvencies compared to the same period last year, reaching a total of 2,315 cases. The breakdown includes 256 compulsory liquidations, 1,889 creditors' voluntary liquidations (CVLs), 146 administrations,...
Nov 14, 2023 | Current Affairs
The UK economy indicated no growth in Q3 2023 despite a 0.2% increase in the previous quarter, according to the latest GDP estimates from the Office for National Statistics (ONS). The services sector is estimated to have declined by 0.1%, offsetting a 0.1% increase in...
Nov 7, 2023 | Current Affairs
In a beacon of hope for the retail sector, the British Independent Retailers Association (BIRA) has found silver linings in the latest data from the BRC-Nielsen shop price index. BIRA, known for its work with over 6,000 independent businesses across the UK, is upbeat...
