Posts Tagged ‘economy’

East manufacturing continues recovery – EEF/BDO survey

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MANUFACTURING in the east of England continued its strong recovery over the last three months, according to the latest survey published by EEF, the manufacturers’ organisation, and BDO LLP.

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Extra staff key to growth, say East of England businesses

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Businesses in the East of England believe the recruitment of more staff will be key to driving future commercial growth, according to the latest research from Clydesdale Bank. More than 40% of businesses identified an enlarged workforce as the top priority, given a more flexible approach from their lender, followed by acquisitions and mergers, and [...]

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Holidaymakers’ hunt for bargains is costing UK bosses £3bn

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THIS summer office workers have spent more than eight hours researching and booking holidays at their desks – costing UK businesses up to £3billion. A new study by employment law specialists ELAS revealed that the average British worker spends as much as 8hrs 24mins at their office computer researching and booking their next holiday.

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East of England manufacturing recovery gathers pace

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A GROWING number of manufacturers in the east of England reported buoyant trading conditions over the past three months on the back of rising demand in overseas and UK markets, according to a major survey published by EEF, the manufacturers’ organisation and BDO LLP. The second quarter EEF/BDO ‘Manufacturing Outlook’ report reveals that the broad [...]

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Private sector gets set to hire

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Overall employment levels set to grow due to private sector hiring surge, says CIPD/KPMG quarterly survey, despite widespread cuts in public sector THE LATEST quarterly CIPD/KPMG Labour Market Outlook survey of almost 800 employers signals that the UK’s emergence out of recession is now leading to better job prospects. Yet it also reveals a stark [...]

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‘Double dip’ recession less likely – GreenStones

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THE UK economy seems to have sidestepped the dangers of a double-dip recession but still faces many risks. That’s according to a report on the website of Peterborough accountants GreenStones. The article says that the British Chambers of Commerce’s latest quarterly survey reveals the economic upturn is on course. On the downside, however, the survey [...]

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Peterborough is one of 12 areas of the UK beating the recession

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PETERBOROUGH has been named as one of 12 areas of the UK that are ‘on the way up’ and beating the recession. According to a report in The Sunday Times, Peterborough’s substantial regeneration plans and its commitment to attracting blue-chip companies, which will provide well-paid jobs, will make our city one of the most sustainable [...]

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Insolvencies hits lowest rate in January since June 2007

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Financial strength of businesses improved eight per cent year-on-year THE latest Insolvency Index from Experian, the global information services company, reveals a positive picture in January, with the rate of business failures falling to its lowest point since June 2007. The east midlands saw a 31 per cent reduction in insolvencies in January, compared to [...]

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Engaged employees defy economic downturn

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EFFECTIVELY engaging and aligning employees was credited for successfully carrying businesses through the recession, according to a recent round table discussion. In accordance with research completed by the Chartered Management Institute in 2009, encouraging employees to realise their full potential was regarded as an essential task to enhance innovation during the economic downturn. Louise Knight, [...]

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