Employee earnings grow by 3.2%

UK wage growth increased at the highest rate since 2008 in the three months to September 2018, according to data from the Office for National Statistics (ONS). Excluding bonuses, average weekly earnings grew by 3.2% in Q3 2018 compared with the same period in 2017....

Most firms braced for no-deal Brexit

Brexit uncertainty is having a negative impact on investment decisions for 80% of businesses in the UK, a survey by the Confederation of British Industry (CBI) has shown. Carolyn Fairbairn, director-general of the CBI, said negotiations are being "outpaced by the...

CBI makes post-Brexit recommendations

The Chancellor should announce a substantial financial package in the upcoming Budget to prepare businesses for life after Brexit, according to the Confederation for British Industry (CBI). In its pre-Budget letter to Philip Hammond, the CBI called on the Chancellor...

Retailers net World Cup windfall

Businesses stand to benefit from an economic boost worth £2.72 billion if the England football team make it to the World Cup final in Moscow on 15 July 2018. Research from VoucherCodes suggests owners of shops, bars, restaurants, cafes and clubs around the country...

Business patience runs thin on Brexit

The British Chambers of Commerce (BCC) has published a list of 23 questions that UK businesses are asking about Brexit. Adam Marshall, director-general of the BCC, said business patience is "reaching breaking point" as several key issues regarding the UK's departure...