Confederation of British Industry

The CBI, freedom of movement and exploiting migrant labour | Letters

<b>Molly Scott Cato</b> backs post-Brexit freedom of movement, and <b>Michael Gold</b> says UK firms should stop relying on cheap labour from abroad<p>There’s nothing new about the Confederation of British Industry’s proposals on freedom of movement (CBI wants new rules to keep open pipeline of EU workers after …

Great Britain

Record drop in EU nationals working in UK

The U.K. reported its lowest unemployment rate in 43 years on Tuesday, but also a record drop in the number of EU nationals working in the …

Human Geography

EU leaders plot a deal to give Britain access to the single market

Theresa May is set to be offered a Brexit compromise giving Britain access to the single market at a cost of ending the freedom of movement of …

Great Britain

Visa leniency central to post-Brexit trade with India: UK business body

A leading business organisation in Britain on Friday said that easing visa rules for India will be key to forging a trade deal with the country after …

European Union

British industry calls for open migration regime after Brexit

Click for full view<p>British Prime Minister Theresa May delivers a speech at the annual CBI (Confederation of British Industry) conference in London, …

Great Britain

European stocks headed for a lower open amid trade tensions, new sanctions

European futures pointed to a lower open Friday morning, as fears of a trade war and new sanctions against Russia continued to weigh on sentiment.<p>The …

Stock Markets

‘Mark Carney, What Have You Done?’ Cry U.K. Business Bodies

The Bank of England’s decision to raise interest rates may not have come as a surprise, but for some U.K. businesses and economists it’s still …

Economics

DfE considers apprenticeship levy pooling pilot

The government has already relaxed apprenticeship levy rules and may allow businesses to pool their contributions

Economic Development

UK retail sales extend growth as heatwave persists - CBI

LONDON, July 25 (Reuters) - British shoppers spent strongly for a second month in July, as a heatwave continued to boost retail sales, though some signs of cooling demand were appearing, the Confederation of British Industry said on Wednesday.<p>The CBI’s retail sales balance fell to +20 in July from …

Interest Rates

Retail sales still hotting up in July but expected to cool off next month

Retail sales were up again in July, according to a survey of firms in the sector.<p>Some 32 per cent of retailers said that sales volumes were up this …

Business (UK)

Government publishes Brexit employer toolkit

British businesses are being given an employer "toolkit" to help understand what they need to do to ensure EU staff are legally registered ahead of …

Brexit

UK manufacturing output accelerated to its strongest pace in a year

UK manufacturing output accelerated to its strongest pace in a year this month, but Brexit uncertainty held back investment, new data showed …

Business (UK)

Manufacturers cutting back on spending amid fears over Brexit

A pick-up in the pace of manufacturing growth to its fastest in a year has failed to prevent a fall in investment as firms mothball spending plans amid concerns over Brexit.<p>The latest snapshot of industry from the Confederation of British Industry found that despite mounting skills shortages and …

Business

British factory growth rebounds, investment plans weaken before Brexit - CBI

© Reuters. Rolls Royce Trent XWB engines, designed specifically for the Airbus A350 family of aircraft, are seen on the assembly line at the Rolls …

Bank of England

We need more apprentices to make Poldark and 007 films

When international movie-makers choose London to shoot their next blockbuster, the highly skilled workforce is a major factor.<p>Tax credits matter …

Opinion (UK)

UK to consult public on possible bid to join Pacific trade pact

© Reuters. UK to consult public on possible bid to join Pacific trade pact<p>LONDON, July 18 (Reuters) - British Trade Minister Liam Fox said on …

Trade Pact

Brexit clouds UK financial sector mood

LONDON (Reuters) - Banks’ Brexit worries were a key theme in a quarterly survey of Britain’s financial services sector, published on Monday, even though business sentiment stabilised in the second quarter, ending a near two-year slide, and recruitment picked up.<p>The survey by the Confederation of …

Financial Services

'No promised land' for NI economy after Brexit, warns CBI

<b>There is no evidence Brexit will deliver a "promised land" for the Northern Ireland economy, according to a senior business leader.</b><p>Trevor Lockhart is Northern Ireland chair of employers' body, the Confederation of British Industry (CBI).<p>He said the government does not fully understand the effect …

Great Britain

U.K. Confidence Slips in June as Economic Pessimism Mounts

U.K. confidence took a turn for the worse in June as businesses and consumers became more pessimistic on the economic outlook.<p>Business optimism …

Brexit

Hot weather helps UK retail sales grow at fastest pace in nine months - CBI

LONDON (Reuters) - - Hot weather helped British retail sales growth surge during the first half of this month, adding to signs that consumers are shrugging off a lacklustre start to 2018 a survey by the Confederation of British Industry showed on Wednesday.<p>FILE PHOTO: Shoppers browse in an Aldi …

Polling

Britain to opt out of reality instead of EU

After two years of debate, the government has decided on Realixit as an “easier and smoother” alternative to Brexit. A courier company was seen …

Great Britain

Two years in, Brexit is hurting the UK

Britain's economy is stalling. Investment is dropping. Big businesses say they may be forced to leave and take thousands of jobs with them.<p>Two years have passed since Brits voted for the United Kingdom to leave the European Union, but the dramatic consequences of severing ties built over four …

Great Britain

U.K. Manufacturing Growth Bounces Back in June, CBI Says

U.K. manufacturing picked up in June as order books strengthened to their highest level in five months.<p>The volume of output in the sector jumped to …

Brexit

Young entrepreneurs motivated by purpose, not just profit

"Younger entrepreneurs are focused on environmental and social concerns and that's because they see these values as being their own."<p>By Lee …

Entrepreneurship

UK economy set to lag peers again as Brexit approaches, CBI says

LONDON (Reuters) - Britain’s economy is on course to lag behind its international peers again this year as it nears its departure from the European Union, according to new forecasts from the Confederation of British Industry, an employers’ group.<p>A traditional red London bus crosses Waterloo Bridge, …

Business (UK)

Britain to face growth slowdown amidst Brexit fears

The UK's largest employers organisation has cut down its growth forecast for the British economy citing Brexit fears.<p>The Confederation of British Industry (CBI) said it expected growth for 2018 to drop 1.4% from 1.8% last year. CBI also cited the heavy snowfall in early 2018 as a reason for the …

European News

Firms Look to Robots, AI to Plug U.K. Skilled Worker Shortages

U.K. businesses are turning to technology such as artificial intelligence and robotics as shortages of skilled workers start to bite.<p>A report by the …

Artificial Intelligence

UK May retail sales growth rises to four-month high - CBI

© Reuters. Closing down signs hang in the window of a Maplin electrical store in central London<p>By David Milliken<p>LONDON (Reuters) - British retail …

Bank of England

Hammond sets target for 15 million 'full-fibre' broadband connections by 2025

LONDON (Reuters) - Britain’s telecoms industry needs to make ‘full-fibre’ broadband available to 15 million homes and businesses by 2025, finance minister Philip Hammond is set to announce to business leaders later on Tuesday.<p>FILE PHOTO: Britain's Chancellor of the Exchequer Philip Hammond talks to …

Telecoms

Hammond rebuffs employers' call for customs union after Brexit

© Reuters. Britain's Chancellor of the Exchequer Philip Hammond attends a meeting of regional leaders of the financial and professional services in …

Great Britain