UK manufacturing output growth wanes but stays above long-term average

By Terry Irwin |
Categories: Economy, Manufacturing
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Manufacturers’ output volumes growth slowed following a robust showing in the previous month, according to the latest Industrial Trends Survey by the Confederation of British Industry (CBI). The survey of 409 firms revealed that output growth slowed in the three months to September 2018, but remained above the long-term average. Output expanded in 10 out […]

Cost pressures damage profitability in UK services sector – latest data

By Terry Irwin |
Categories: Service sector, Economy
Tagged With: , , , , ,

Business volumes in the UK’s services sector expanded at a steady pace in the three months to August 2018, but strong cost pressures hit profitability, according to the latest quarterly Services Sector Survey by the Confederation of British Industry (CBI). The business and professional services sector – which includes accountancy, legal and marketing firms – […]

Heatwave boosts UK high street sales, but outlook is less bright

By Terry Irwin |
Categories: Retailing
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Retail sales in the UK grew at an above-average pace in the year to August 2018. However, the outlook for retail is less positive, with declines in employment, investment intentions, and business optimism. That’s according to the latest Quarterly Distributive Trades Survey by the Confederation of British Industry (CBI). The survey of 112 firms revealed […]

New report finds that 60% of UK employers haven’t heard of T-Level qualifications

By Terry Irwin |
Categories: Talent management
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Three-quarters of UK employers (74%) have said they would not be able to offer T-Level students the minimum required amount of work experience needed to gain the qualification. That’s the finding of a new report from the Chartered Institute of Personnel and Development (CIPD), the professional body for HR and people development. T Levels are […]

UK manufacturing output and orders remain robust

By Terry Irwin |
Categories: Economy, Manufacturing
Tagged With: , , ,

Although output growth in UK manufacturing has eased, manufacturing output and orders remain robust, according to the latest Industrial Trends survey by the Confederation of British Industry (CBI). The survey of 379 manufacturers revealed that output growth slowed slightly in the three months to August 2018, but remained well above the long-term average. Output growth remained broad-based, […]

From loss-making to break-even within a year – case study

By Terry Irwin |
Categories: Cost reduction, Turnarounds
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A mobile phone retailer had been trying – and failing – to reduce the costs of its warehousing and logistics operation. TCii systematically removed, reduced or replaced those cost drivers whose value was outweighed by their cost. By the end of the first year, the business had become a break-even service. This video explains what […]

UK labour and skills shortages finally starting to bite

The latest quarterly Labour Market Outlook from the Chartered Institute of Personnel and Development (CIPD) and The Adecco Group has been released today. Based on a survey of 2,001 employers, it shows that while the short-term outlook for employment remains strong, labour and skills shortages are finally starting to bite: Demand for labour remains robust, […]

UK financial services activity stable in second quarter of 2018

By Terry Irwin |
Categories: Service sector, Economy, Finance
Tagged With: ,

Optimism in the financial services sector stabilised in the second quarter of 2018, following sharp falls over the previous two quarters. That’s according to the latest Financial Services Survey by the Confederation of British Industry (CBI) and PwC. The quarterly survey of 100 firms found that optimism about the overall business situation in the financial […]

Pace of UK private sector growth cooled in June

Growth in the UK’s private sector slowed slightly in the three months to June 2018, according to the latest Growth Indicator from the Confederation of British Industry (CBI). The composite measure, based on 677 respondents across the distribution, manufacturing and service sectors, showed the balance of firms reporting a rise in output at +6%, down from +10% […]

UK manufacturers’ order books looking healthier – latest data

By Terry Irwin |
Categories: Economy, Manufacturing
Tagged With: ,

Manufacturing order books recovered and the volume of output increased strongly in the three months to June 2018, according to the latest monthly Industrial Trends Survey by the Confederation of British Industry (CBI). According to the survey of 388 manufacturers, output grew at the fastest pace since December 2017 in the three months to June, […]

Business and professional services grow, but consumer services struggle – latest UK data

By Terry Irwin |
Categories: Service sector, Economy
Tagged With: , , ,

Business volumes among business and professional services companies grew in the three months to May 2018 at the fastest rate since August 2015, while volumes fell for consumer services. That’s according to the latest quarterly Service Sector Survey by the Confederation of British Industry (CBI). Business and professional services companies – which include accountancy, legal […]

Mixed picture for UK retailers – latest survey data

By Terry Irwin |
Categories: Economy, Retailing
Tagged With: , ,

Retail sales grew at a modest pace in the year to May 2018, following a tricky start to the year, according to the latest Quarterly Distributive Trades Survey by the Confederation of British Industry (CBI). Sales volumes remained a little below average for the time of year, to the same degree as in April, and […]

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