Cbi

Scotland's decades-long struggle with sluggish productivity is holding back its economic potential, a new report from the CBI and KPMG warns.

The Confederation of British Industry (CBI) is urging the UK Government to act now and use this Spending Round to lay the groundwork for the UK’s long-term future. The business group said the COVID crisis makes it even more important that the Government takes key decisions and implements its

In yesterday's summer economic statement, chancellor Rishi Sunak announced a number of measures aimed at supporting the UK economy in the wake of the coronavirus pandemic, such measures include a temporary 5% VAT cut for the food and hospitality industry. The cut marks a significant reduction from t

UK companies do not have the resilience or resources to handle a no-deal Brexit after the onslaught of the coronavirus crisis, according to Carolyn Fairbairn, the outgoing boss of industry body the CBI. Ms Fairbairn said a CBI member had likened a no-deal to "setting the shed on fire" while the hous

SME manufacturing output fell at the quickest pace in over a decade in the quarter to April, according to the latest CBI SME Trends Survey.

The latest research from CBI has highlighted that the UK private sector is experiencing a significant downturn as businesses and professional services experienced the sharpest fall since 2009. 

The CBI has outlined a comprehensive range of measures aimed at accelerating emergency support to distressed firms amid the continuing COVID-19 crisis.

The UK Treasury has announced that loans to all medium-to-large firms will now be included in the government's £330 billion coronavirus support package for the economy. All viable companies with a turnover of more than £45 million will be able to apply for government-backed support, including thos

Financial services optimism fell in the three months to March and firms expect a sharp decline in business ahead, according to the latest CBI/PwC Financial Services Survey.

Manufacturing output expectations dropped to their weakest since the financial crisis, as the COVID-19 outbreak gained pace in the UK and Europe, according to the latest CBI monthly industrial trends survey conducted between 25 February and 13 March.

The British Chambers of Commerce (BCC) has welcomed the Bank of England's decision to cut interest rates, saying that the "decisive action" will "support the economy at this delicate moment". In an emergency response to the economic impact of the Coronavirus outbreak, the Bank of England today

Scottish-based companies have prioritised investing in digital technology in ways that boost their credentials as responsible businesses, according to the new CBI and Accenture Tech Tracker Survey. The survey shows that firms operating in Scotland have focussed technology investments on bu

All VAT registered companies in the UK will be automatically allocated a customs number to prepare for no-deal Brexit.