International Finance

Tag : UK

Economy

UK manufacturing orders and employment on positive note: CBI survey

Domestic orders power manufacturing recovery July 23, 2014: The recovery in British manufacturing continued apace in the last quarter, with faster growth in domestic orders and output, according to the latest Confederation of British Industry (CBI) quarterly Industrial Trends Survey. The survey of 481 firms reported robust growth in orders in the three months to...
Banking

Mobile, i-banking transactions worth nearly £1 billion a day in UK

In 2014, the rate of adoption of digital banking grew strongly with more than 15,000 people downloading banking apps a day July 22, 2014: Mobile and internet banking are now being used for transactions worth nearly £1 billion a day in the UK, according to a major industry-wide report into consumer-friendly technology by the BBA...
Economy

UK’s growth to slow down in second half: The Conference Board

But some surveys point to orders expanding in manufacturing, construction and services leading to fresh recruitment, reports Team IFM London, July 18, 2104: Britain is set for a slower growth trajectory in the second half of the year, according to a widely-followed index gauging perceptions on future economic conditions, even as a slew of surveys...
Economy

UK factory output dips in May, stuns experts

Explanation sought in ‘seasonal influences’ and British business lobby says this is enough reason to keep interest rates low, reports Team IFM London, July 11, 2014: Economists and analysts were left groping for an explanation as the UK, said to have reached pre-meltdown growth levels by May-end and forecast to dethrone France as the fifth...
Economy

UK: A bounceback in June is possible

According to key surveys, business order books are at high levels. July 9: The UK manufacturing output numbers for May are remarkably soft. Rather than rise 0.4%MoM as expected by the market, which seemed fully justified on the basis of the CBI industrial trends numbers and the manufacturing purchasing managers’ indices, it actually fell 1.3%MoM....