by Shilling Group | Dec 10, 2024 | Shilling Summary
REGULATION Regulatory red tape stifles UK economy The Times Lord Sedwill, the former cabinet secretary, has endorsed calls to reduce regulatory red tape, asserting it hampers the UK economy. A report from the Policy Exchange think tank revealed that the headcounts of...
by Shilling Group | Dec 9, 2024 | Shilling Summary
OUTLOOK UK business confidence collapses The Independent UK UK business confidence has reached its lowest point in nearly two years, according to the latest Business Trends Report by BDO. The BDO optimism index fell by 5.81 points to 93.49 in November, marking the...
by Shilling Group | Dec 6, 2024 | Shilling Summary
OUTLOOK BoE: Over half of UK firms plan to raise prices Reuters The Daily Telegraph City AM Daily Express According to a survey by the Bank of England, over half of UK firms anticipate raising prices due to Labour’s recent National Insurance hike. Specifically, 54% of...
by Shilling Group | Dec 5, 2024 | Shilling Summary
OUTLOOK Services sector confidence falls to two year low City AM Confidence among firms in the services sector has fallen to its lowest level in nearly two years, according to S&P’s purchasing managers’ index (PMI). The index shows that business expectations for...
by Shilling Group | Dec 4, 2024 | Shilling Summary
OUTLOOK Foreign buyers in £7.8bn raid on UK firms City AM Figures from the Office for National Statistics show that foreign buyers targeted UK companies in Q3, launching deals worth £7.8bn. While foreign spending on UK companies rose by 16% between July and September,...