UK TRADE AND BUISNESS

Manufacturers and unions join forces to press for UK industrial strategy

 Industry leaders urge government to ‘seize the goodwill’ while at critical moment in attracting global investment  By Guardian reports Britain’s trade union and manufacturing leaders have warned that major international manufacturers are holding back investments in the UK until Labour shows it is committed to boosting the industry. A month after Keir Starmer’s landslide victory, the heads […]
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General election 2024: Markets buoyed by Labour landslide after Tory turmoil

The big win by Sir Keir Starmer’s party had been forecast and “priced in” by traders and investors, with expectations of a period of stability after years of volatility under the Conservatives.  The pound has remained stable and the markets have reacted positively to Labour’s landslide election victory. Shares in leading companies on the UK […]
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UK manufacturing returns to growth for first time in 20 months

The UK’s manufacturing industry has returned to growth and is showing “tentative signs of recovery”, according to a closely-watched survey. Sky says. Both output and new orders increased in March, while business optimism also hit an 11-month high, S&P Global/CIPS UK found. The firms’ manufacturing purchasing managers index (PMI) score rose to a better-than-expected 50.3 […]
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New business coalition aims to tackle poor UK productivity

Microsoft and Vodafone are among the backers of the Building Back Britain Commission, which will be launched at an event attended by Labour’s shadow business secretary, From Sky News discovered. The trio, along with Churchill Retirement Living, NHBC and Pension Insurance Corporation, are among the founding members of the Building Back Britain Commission (BBBC). The […]
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North and Midlands to share £4.7bn local transport fund after HS2 rail leg scrapped

Rishi Sunak says it’s an example of “levelling-up in action” that will empower local leaders but Labour calls it another broken promise for people outside the South. The prime minister has revealed how some of the money from abandoning the HS2 northern leg will be reallocated. Northern England will get £2.5bn and the Midlands £2.2bn […]
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