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 […]
Category: CBI
CBI unsure how good and fast recovery will be
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 […]
CBI warn recovery is coming, but slowly
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 […]
Online Business Clinic with Lord Digby Jones
Small businesses will be looking to capitalise on the anticipated market upturn this year. In this special webTV show, Lord Digby Jones will be offering his unparalleled expert advice and invaluable entrepreneurial insights and experiences to help business owners, entrepreneurs and aspiring entrepreneurs ensure they are in the strongest position possible. Lord Jones has had […]
CBI say things are worse for business than predicted
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 […]
CBI Scotland still unhappy with slow SME payments
CBI Scotland is once again campaigning against organizations that are publicly funded and local councils within Scotland to pay invoices from suppliers within ten days to help the companies better manage throughout the recession. The CBI stated that it would like to see public authorities advertise the new payment procedures on the portal for national […]
CBI unhappy with Government behaviour
The director of CBI Scotland has accused the government ministers of ‘disappointing behaviour.’ Iain McMillan stated that actions on behalf of the Holyrood ministers created some questions about how sincere they are in their efforts to help business and the economy. He did however say that the government should receive some credit of their policy […]
CBI ‘kidding ourselves.’ about end of recession
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 […]
The end of final salary pension schemes
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 […]
How will the government help SME’s
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 […]