News

Positive Indicators For UK

According to the latest leading indicators and tendencies survey from the Office for Economic Cooperation and Development (OECD), economic growth is firming in the UK, Japan and the US.Continue reading

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Boost To Small Business Through Tax Cuts

Figures out last week revealed that the introduction of the Employment Allowance in April and the Government’s pledge to cut employers’ National Insurance contributions (NICs) will save nearly £5.5 billion per year for employers by the end of the Parliament, the equivalent of around £200 per employee.Continue reading

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Christmas Boost For Online Sales

Christmas 2013 saw a record amount of online shopping, with close to one in five non-food items being bought online in December, according to the British Retail Consortium (BRC).Continue reading

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Import/Export Gap Narrows In November

The latest figures from the Office for National Statistics (ONS) show that the gap between imports and exports of goods in the UK narrowed in November from £9.7bn to £9.4bn. Continue reading

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Retailers Suffer Around New Year

According to the latest figures, retailers had a challenging December, with most reporting lower sales than expected, particularly in the fashion industry, although homeware saw something of a boost, with consumer demand for decorations and tableware on the rise.Continue reading

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Growth To Accelerate

According to the British Chambers of Commerce (BCC), UK economic growth will accelerate faster than first thought in 2014, with key indicators for the economy now higher than before the start of the financial crisis.Continue reading

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UK Could Be Largest Economy In Europe By 2030

According to the Centre for Economic and Business Research (CEBR), the UK could be in a position to overtake Germany as the largest economy in Europe by 2030.Continue reading

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Reconsider Help To Buy Says Cable

Business Secretary Vince Cable suggested over the weekend that the Government should reconsider its Help to Buy scheme amid fears that it has boosted house prices too quickly and could cause a new housing bubble.Continue reading

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Retail Sales Up

Retail sales rose by 0.3 per cent in November from the month before and by 2 per cent compared with the same period in 2012, while online sales hit a record 11.9 per cent of all sales except fuel.Continue reading

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The Plastic Pound

The Bank of England announced yesterday (December 18) that, from 2016, it will start issuing polymer banknotes, or plastic money, in place of the cotton paper kind that have been in circulation for more than 100 years.Continue reading

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