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With the recent news that car manufacturing output in the UK has plummeted by 45% in the past year, the UK’s leading Motor Dealers are already nervously looking over their shoulders. Plimsoll’s latest analysis shows that dark clouds are circling the retail industry too.
The US has caused controversy in recent weeks with the introduction of trade tariffs on steel and aluminium imports, in a move that is likely to heavily impact these industries around the globe.
The current news coming out of the UK economy feels like the established house of cards is having something of a wobble. This week alone we have read about:
The shocking gender pay gap and a lack of female directors in top jobs have been hot news topics recently.
This week marks Food Allergy Awareness Week, a scheme created by Food Allergy Research and Education to raise awareness and understanding of food allergies around the world.
News that Philip Morris International is planning to phase out cigarettes and move towards smoke-free products should come as no surprise. Demand for cigarettes, a killer of hundreds of millions of people in the last century, has plummeted with less than 15% of the UK adult population now a smoker.
A wall of money could flow into the UK economy as soon as there is clarity on where we are heading as a country. UK businesses have significantly increased the amount of cash they are retaining. If the government can provide some much-needed clarity on what happens next, that pent up cash hitting the economy could lead to a spike in investment and growth in UK PLC.
New research into the financial performance of the UK Fresh Produce sector has revealed how the industry’s top companies have performed throughout the last 12 months.
In spite of political uncertainty, a number of British industries have been enjoying solid growth in recent months.