Tag: Economic Growth



Growth picks up in UK Manufacturing Sector

Posted on 2 December, 2014 by Kirsten Kennedy under Economy

After a few months of mild stagnation in the UK manufacturing sector, many firms are this week welcoming news that activity increased during November, putting an end to fears that the boom period experienced over summer was something of a fluke. Last... Read More

UK Manufacturing Growth picks up in October

Posted on 3 November, 2014 by Kirsten Kennedy under Economy

During August and September, the news coming from the manufacturing sector was less than optimistic. Due to a combination of problems in the Eurozone, a drop in domestic demand and the strong pound, output had significantly lessened since the boom period at... Read More

Slowdown in Manufacturing Growth raises renewed fears for Recovery

Posted on 2 September, 2014 by Kirsten Kennedy under Economy

Since the end of the recession the manufacturing sector has been one of the most consistent drivers of growth, and has fuelled demand for industrial and warehouse property. However, the last few months have seen growth in manufacturing begin to slowdown... Read More

Slowdown of Service Sector Growth raises Questions for Economy

Posted on 26 August, 2014 by Kirsten Kennedy under Business News, Economy

For some time now, manufacturers have expressed fears that a lack of skilled workers could negatively impact growth within the sector and lead to a reduction in expansion. Now, it appears that a similar issue is facing the service sector which... Read More

Hiring Intentions rise at Fastest Pace in 16 Years

Posted on 12 August, 2014 by Kirsten Kennedy under Business News, Economy

According to a new study by accountancy firm BDO, the number of firms planning to take on new staff has grown at the fastest pace for 16 years, indicating that British businesses are now confident that the recovery is well under way. The BDO Employment... Read More

Manufacturers express Strong Confidence in Annual Growth Prospects

Posted on 10 June, 2014 by Kirsten Kennedy under Economy

The manufacturing industry has proven to be one of the strongest drivers of growth within the UK economy this year, with many firms choosing to expand their operations in order to capitalise on a boom in domestic and overseas demand. Not only has this boosted... Read More

Business Confidence at Highest Level in 22 Years

Posted on 12 February, 2014 by Kirsten Kennedy under Business News, Economy

Confidence among CEOs and managing directors of British companies has hit a 22 year high, topping even the levels of confidence seen in the early 2000s before the financial crisis hit. According to business consultants BDO’s monthly optimism index, which... Read More

Businesses in North of England posting Fastest Regional Growth in UK

Posted on 15 January, 2014 by Kirsten Kennedy under Business News, Economy

During the recession, businesses in the regions found conditions more challenging than those in London and the South East. However, as economic recovery continues to build momentum, these same businesses are enjoying the fastest pace of growth in the UK... Read More

UK Economy in Best Shape Since 2007 says Deloitte

Posted on 14 January, 2014 by Cliff Goodwin under Economy

After gathering pace throughout 2013 Britain’s economy is on track for its strongest year of growth for six years, one of the country’s leading economists has predicted. Writing in Deloitte’s UK Real Estate Predictions, Ian Stewart says that... Read More

Job Vacancy Growth hits 15 Year High

Posted on 11 December, 2013 by Kirsten Kennedy under Economy

Unemployment has dropped in recent months with many firms choosing to take on additional staff for the Christmas rush, particularly in the retail and hospitality sectors. This is not only good news for jobseekers looking to re-enter the workforce, but... Read More