by Shilling Group | Jan 9, 2025 | Shilling Summary
TAX Reeves scanning for new tax hikes as economy falters The Daily Telegraph Daily Mail Chancellor Rachel Reeves is preparing for further tax increases following a record £41.5bn tax rise aimed at addressing a £22bn deficit in public finances. Despite her assurance to...
by Shilling Group | Jan 8, 2025 | Shilling Summary
OUTLOOK Construction industry sees slowest growth in six months Daily Mail Britain’s construction sector experienced its slowest growth in six months in December, with the S&P Global UK Construction Purchasing Managers’ Index (PMI) dropping to 53.3...
by Shilling Group | Jan 7, 2025 | Shilling Summary
EMPLOYMENT Job cuts surge at UK services firms The Daily Telegraph Daily Mail Daily Mirror The S&P Global UK services PMI survey revealed a score of 51.1 in December, a slight increase from November’s 50.8, indicating marginal growth. However, the services...
by Shilling Group | Jan 6, 2025 | Shilling Summary
OUTLOOK Nearly a third of businesses will need financial support The Times According to BDO, British businesses are facing significant challenges due to supply chain disruptions and rising costs, with 32% of mid-sized firms indicating they require additional financial...
by Shilling Group | Jan 3, 2025 | Shilling Summary
EMPLOYMENT Minimum wage costs leap to a record high The Times Daily Mail UK businesses employing minimum wage staff will see costs increase by over £2,000 per worker this year, with the tax burden reaching a record high, according to the Centre for Policy Studies. The...
