Business, Economics, Stock markets Business | The Guardian
Eight leading economists warn that further cuts to public investment must be avoided, while Rightmove reports jump in house asking pricesThe introduction of the new Labour government has yet to result in an immediate boost in manufacturing performance but businesses are expecting greater political stability will drive better performance across the coming year.Make UK, which represents 20,000 manufacturing firms in the UK, found that output decreased to -2% in the third quarter of the year, down from the 9% growth experienced in the previous quarter.“This quarter presents a tale of two halves with output turning negative and recruitment taking a dip, yet investment remains positive and business confidence continues to climb.“With an autumn budget and spending review fast approaching, now is the time for government to pick up the pace and deliver on pre-election promises, most notably the publication of a long-term robust industrial strategy.” Continue reading…
Eight leading economists warn that further cuts to public investment must be avoided, while Rightmove reports jump in house asking prices
The introduction of the new Labour government has yet to result in an immediate boost in manufacturing performance but businesses are expecting greater political stability will drive better performance across the coming year.
Make UK, which represents 20,000 manufacturing firms in the UK, found that output decreased to -2% in the third quarter of the year, down from the 9% growth experienced in the previous quarter.
“This quarter presents a tale of two halves with output turning negative and recruitment taking a dip, yet investment remains positive and business confidence continues to climb.
“With an autumn budget and spending review fast approaching, now is the time for government to pick up the pace and deliver on pre-election promises, most notably the publication of a long-term robust industrial strategy.”
