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Article archive for CBI;

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    Manufacturers wary of inflationary pressures says CBI(20/03/2012)

    UK manufacturers expectations for output growth are at their strongest for a year, but firms also expect to have to raise prices significantly, says the CBI. Of the 436 manufacturers responding to the latest CBI monthly Industrial Trends Survey, 39 percent believe that output would rise in the next three months, while 15 percent expected that it would fall. The resulting balance of +24 percent is the strongest since March 2011 (+27 percent).

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    Smaller manufacturers remain 'gloomy' according to latest CBI SME quarterly trends survey(08/02/2012)

    Sentiment among the UK’s small and medium-sized manufacturers fell for the third quarter running in the three months to January, as output stagnated and orders fell against a backdrop of heightened economic and political uncertainty, the CBI finds in its latest quarterly SME Trends Survey. Some 26% said output rose while 25% said that it fell, and the resulting balance of +1% marks the first time that output has not risen since April 2010.

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    Stalling output growth and falling demand hits manufacturing sentiment, says CBI(25/01/2012)

    Sentiment among UK manufacturers deteriorated in the past three months, as confidence was hit by stagnant output, falling demand and concerns over exports, says the CBI. However, a slight rise in export orders and modest growth in output are expected in the next three months. Of the 387 manufacturers responding to the latest CBI quarterly Industrial Trends Survey, 27% said output rose, while 26% said that it fell.

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    2012 – time for the UK to ‘power up’ and begin rebalancing its economy(04/01/2012)

    In his New Year message, CBI director-general John Cridland says there are no quick fixes for the UK economy but a concerted effort to tackle the serious imbalances which created our legacy of debt and faltering growth will secure a better, brighter future for all of us. In a new report featuring a ‘Vision for rebalancing the economy’, the CBI sets out how by acting now, the UK can move away from its dependence on debt driven household and government spending and increase business investment .

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    Government and business must work together to save resources(12/12/2011)

    According to the CBI, government and industry need to work better together to tackle barriers to using fewer resources, achieve greater efficiencies and encourage businesses to come up with solutions. Businesses are increasingly seeking to improve their resource efficiency, in both man-made and natural materials, because it offers them a competitive advantage and reduces their dependence on volatile prices and supplies of global resources.

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    Manufacturers report weakening demand and expect output to fall, says CBI(25/11/2011)

    UK manufacturers reported a weakening in order books in November, with export orders in particular deteriorating significantly, the CBI reported on Thursday (24 November). As a result, firms expect a fall in production over the coming quarter, according to the CBI’s latest monthly Industrial Trends Survey.

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    Sentiment falls sharply among the UK's SMEs(07/11/2011)

    Sentiment has fallen sharply among the UK's small and medium-sized manufacturers, as firms predict a slight decline in production over the next three months, the CBI reports. Of the 412 respondents to the CBI's latest quarterly SME Trends Survey, 27% said that domestic orders rose in the three months to October and 27% said that they fell - the resulting balance of 0% was the lowest since January 2010 (-10%).

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    Prospects for manufacturing activity worsening says CBI(27/10/2011)

    Sentiment has deteriorated sharply among UK manufacturers, in anticipation of significant falls in activity over the next three months, the CBI reported on Wednesday (October 26). Manufacturing orders and output are expected to fall over the next quarter, following modest rises in domestic demand and production over the past three months. Firms are also predicting a run-down of their stock holdings.

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    Manufacturers expect output growth, though demand slackens says CBI(22/09/2011)

    UK manufacturers predict that production will continue to grow over the next three months, despite order book levels slackening during September, the CBI reports. Of 470 manufacturers responding to its latest monthly Industrial Trends Survey, 22% described total orders as above normal, and 31% said they were below. The resulting rounded balance of -9% indicates order book levels slipped back in September, though this measure remains well above its long-term average (-18%).

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    Manufacturing is 'holding up', says the CBI(23/08/2011)

    UK manufacturers are reporting healthy order books and expectations for output growth are above their long-run average, the CBI has reported. Meanwhile, pricing pressures have eased following strong inflation during the first two quarters of this year. Of the 510 manufacturers responding to the CBI’s August monthly Industrial Trends Survey, 29% of firms described total orders as above normal, and 29% said they were below.

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    CBI wants automatic opt-in to triple science GCSE(16/08/2011)

    As over a million young people await their A level and GCSE results, the CBI has called for all young people who achieve good grades in science at age 14 to be automatically enrolled onto triple science GCSE. As the economy gears up for growth, businesses will require employees with science degrees. But over 40% of companies say they are having difficulty recruiting people with science, technology, engineering and maths (STEM) skills.

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    UK manufacturers are reporting 'solid demand' says CBI(21/06/2011)

    UK manufacturers continue to report healthy order books and expect further output growth in the coming quarter, though at a slightly slower pace than over the past few months, according to the CBI. Manufacturing demand remained strong in June. Of the 457 manufacturers responding to the CBI’s latest monthly Industrial Trends Survey, 27% of manufacturers describe total orders as above normal, while 26% said they were below normal.

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    The government risks failing to achieve emissions reduction targets says CBI(08/06/2011)

    Launching its latest Climate Change Tracker on Wednesday June 8, the CBI said the government had set the wheels in motion in a number of key areas, including providing more clarity on Climate Change Agreements and funding for the Green Investment Bank. But it warned that investor confidence remains low, with the UK falling from 5th to 13th in a global ranking of low-carbon investment.

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    SMEs see best business growth in 16 years according to CBI survey(04/05/2011)

    The UK’s small and medium-sized manufacturers saw the volume of orders at home and abroad grow at the fastest rate in 16 years, leading to another solid rise in output, the CBI’s latest quarterly SME Trends Survey has revealed. But the business group warned that smaller firms are being squeezed by intense cost pressures. The survey also revealed that volumes of domestic and export orders among smaller firms rose at the fastest rate since April 1995.

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    Manufacturing recovery firmly on track says CBI(28/04/2011)

    The manufacturing recovery is firmly on track and looks set to continue, the CBI reported on Tuesday April 26. Strong domestic and export orders growth has boosted factory output. But inflationary pressures continue to intensify as companies pass on the burgeoning cost of raw materials by raising the price of goods at the factory gate, according to the UK’s leading business group.