October 5, 2011

UK economic growth at 0.1% in Q2

by Kay Mitchell

The Office for National Statistics (ONS) has today announced the UK economy grew by 0.1% in the second quarter – slightly less than a previous estimate of 0.2%. Today’s reading is the third and final one for the April to June period and third quarter figures will be available later this month. In the meantime, […]

September 23, 2011

CBI: UK manufacturing orders fall in September

by Kay Mitchell

The Confederation of British Industry’s (CBI) industrial trends survey today revealed factory orders fell in September after growing in August. The survey’s total order book balance fell to -9 this month from August’s reading of +1 – way below forecasts of a reading of -5. In the meantime, the export order book balance fell considerably […]

September 12, 2011

UK business confidence sinks to two-year low

by Kay Mitchell

A survey among UK companies has found that confidence has fallen to a level not seen since June 2009. BDO’s output index, which measures businesses’ predictions about their turnover, slumped to 93.6 last month from 95.0 in July – the lowest in 26 months. Peter Hemington, a partner at the accountancy firm, said it is […]