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Private sector growth exceeds expectations – CBI

Growth in the UK’s private sector picked up in the three months to February, exceeding expectations for modest growth, according to the latest CBI Growth Indicator.  The composite measure, based on 671 respondents across the distribution, manufacturing and service sectors, showed the balance of firms reporting a rise in output at +20 per

Demand remains robust for UK manufacturers – CBI

Manufacturing firms reported that order books were robust in August, while expectations for selling prices ticked up, according to the CBI’s latest monthly Industrial Trends Survey. The survey of 432 manufacturers found that total order books and export order books were strong in August. The firming in export orders relative to

Reaction to today’s Budget from around the Yorkshire region

Rob Peers, Tax Partner at EY in Yorkshire, said:  “The Chancellor resembled ‘Michelangelo’ as he re-sculpted the UK tax system, taxing dividends, proposing changes to pensions, adding a new tax on banks, cutting corporate tax rates and restricting interest relief on buy-to-let investments. "The Chancellor went well beyond what many expected,

Reaction to today’s budget from around the region

Glynis Frew, managing director of York-based Hunters Property Group, the sixth largest UK’s estate agency group with over 128 branches nationwide, said of today’s Budget: “It was good to hear the Chancellor talk about his provisional agreement to allow Manchester to keep 100 per cent of the additional growth in local

New regional director for CBI Yorkshire and Humber

The CBI has appointed Lucy Thornycroft as its new Regional Director in Yorkshire & Humber. She will be relocating to the region from London where she was head of the construction policy team at the CBI’s headquarters. Prior to that she was Head of Investment Policy and Strategy at the National Housing