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Confederation of British Industry (CBI) director general, Richard Lambert, announced this week that he will be standing down from his position. Lambert plans to leave in 2011 after spending five years in charge of the business lobby group. In his issued statement he said that he has not yet decided on any firm plans for [...]  Exports from SMEs in Britain have increased to their highest levels over the past two and a half years, according to new data from the CBI. The CBI’s newest SME trends survey reported that 36% of SMEs had an increase in their orders during the first three months previous to April. Also good news was [...] The CBI announced today that Britain’s struggling manufacturers are able to compensate for the lack of demand in the domestic market due to the fact that the export books are the strongest that they have been over the last 18 months. The organization stated that overall the growth of output is slowly fading, which is [...] The CBI business group has just issued a new warning that the recovery may be more drawn out than anticipated after a recent survey showed that UK services firms are rebounding in a varied fashion. According to the survey results, business volumes have been able to stabilize for most of the sector in the past [...] Director General of the business group, the CBI, Richard Lambert, stated that the county is overall 10pc poorer than it was expected to be before the recession hit. In order to make up for this discrepancy the director stated that the UK will need to work hard to grow as much as possible in the [...] Even though the British economy is thought to have made it out of the recession during the last quarter of 2009, it still will not reach the GDP of pre-recession before the close of 2011, according to a new report by the Confederation of British Industry. The CBI predicts that even though Q4 of 2009 [...] A new report released by the CBI (Confederation of British Industry) warns that thousands of employees in the private sector that have been contributing to the final salary pension schemes may soon be forced to change their pensions into defined contribution plans. As increasing deficits are hindering competitiveness, directors of eight out of ten companies [...] When asked by the Government how to increase the capital funding of SME’s, Chris Rowlands stated that any measures will need to be taken on a large and significant scale. According to Rowlands, who is the former chairman of the Asian operation of 3i, in order to fix the market failure of SMEs the industry [...] The Conservative party has initiated a new ‘Get Britain Working’ campaign that is meeting wide approval from business leaders across the UK, at least according to the Shadow Chancellor. The campaign is aimed at giving businesses a break on national insurance on the first ten new employees that they hire, in order to encourage businesses [...] The CBI will release a new manifesto for business that outlines what the group believes the governments priorities should be after the election is over, regardless of which party ends up with in power. The CBI outlines in its 12 point plan the need to take action against youth unemployment, further stabilization of the banking [...] |
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