by Shilling Group | Sep 5, 2025 | Shilling Summary
EMPLOYMENT Pace of job cuts accelerates City AM UK employers cut jobs at an annual rate of 0.5% in the three months to August, according to a Bank of England survey of chief financial officers. This marks the fastest pace since 2021. Nearly half of respondents said...
by Shilling Group | Sep 4, 2025 | Shilling Summary
OUTLOOK Reeves rejects £50bn ‘black hole’ claims BBC News Daily Mail Rachel Reeves has rejected forecasts of a £50bn “black hole” in the public finances, telling the BBC that the National Institute of Economic and Social Research think-tank had...
by Shilling Group | Sep 3, 2025 | Shilling Summary
TAX Banks face tax hit, economists warn City AM Ruth Gregory, deputy chief UK economist at Capital Economics, believes that Chancellor Rachel Reeves could target banks as she looks to boost Government finances in the Budget, warning: “We suspect households and...
by Shilling Group | Sep 2, 2025 | Shilling Summary
OUTLOOK Manufacturing output hits three-month low City AM Manufacturing output in the UK fell to a three-month low in August, according to the latest purchasing managers’ index (PMI) data from S&P Global. The index recorded a reading of 47, indicating a...
by Shilling Group | Sep 1, 2025 | Shilling Summary
OUTLOOK UK business leaders see cautious optimism The Times Business leaders in the UK are cautiously optimistic about economic growth, according to the Institute of Directors (IoD). The IoD’s optimism index improved to minus 61 in August, its highest since last...
by Shilling Group | Aug 29, 2025 | Shilling Summary
OUTLOOK Business confidence improves despite pessimism over economy Daily Mail Economic optimism among British businesses declined in August, falling three points to 44%, according to the Lloyds Business Barometer. But business confidence rose slightly to 54%, driven...