FTSE 100 on track for worst week since financial crisis in market bloodbath
More than £210 billion has been wiped off London’s top index since the beginning of the week.
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Manufacturing falls at fastest rate since financial crisis – CBI
The latest survey by the Confederation of British Industry paints a grim picture for the last three months, but the sector is hopeful of a recovery.
Bad news for Tories: economic growth forecast to slow to just 1%, weakest since the financial crisis a decade ago
The stark warning comes as Boris Johnson’s election slogan that he will get Brexit done by January is being rounded on as a misleading slogan as his plans will lead to years of Brexit negotiations and uncertainty.
620,000 manufacturing jobs have been lost since financial crisis
“This has not happened by chance. There are thousands of jobs that could be created in sustainable energy and renewables, but this government have failed to invest and let our contracts go overseas.”
‘Weakest since the global financial crisis’ – Brexit gloom laid bare in ‘terrible’ manufacturing report
UK manufacturers are expecting the steepest decline in orders for a decade over the next three months, as Brexit uncertainty and global growth worries take their toll, according to a report. A survey by the CBI business group found that manufacturers are also planning to invest at the lowest rate ...
UK services sector ‘having worst year since financial crisis’
New stats for August suggest the biggest UK sector for the economy is flatlining, making a recession more likely.
Financial services optimism falls at fastest pace since financial crisis
Sentiment and volumes are deteriorating sharply in the financial services sector, with various indicators at their lowest since the Financial Crisis of 2008, according to the latest CBI/PwC Financial Services Survey. The quarterly survey of 84 firms found that optimism about the overall business situation in the financial services sector ...
Debt-management experts warn of “same conditions” to global financial crisis
Debt-management experts have sent out a warning citing "dangerous debt trends" currently plaguing British economy which resemble the conditions during the global financial crisis. With insolvency rates rising for the first time since 2008, Bell & Company are warning of the reasons behind this worrying trend and how to avoid ...
Regulators Need ‘Cultural Change’ to Avoid us ‘Sleepwalking into the Next Financial Crisis’
Regulators need to undergo a cultural change if we are to avoid sleepwalking into the next financial crisis, a new report has found. The study by Cass Business School for New City Agenda revealed that the Prudential Regulation Authority (PRA) and Bank of England need to go much further to ...