Each month we publish a report into the financial fortunes of one of the major sectors in the UK economy, covering in turn retail, hospitality, construction, manufacturing and logistics amongst others. This gives us a view of the economic weather in each industry on a broadly bi-annual basis. Over the past two to three years most of these sectors have
It’s been difficult for some months now to focus on anything other than the geopolitical mayhem emanating from the White House, whether it is the shilly-shallying over tariffs or the apparently empty rhetoric about the endlessly imminent solution of the many vicious conflicts around the world. The degree to which utterly extraordinary events have become normalised is an astonishing development,
As we look at the economy this month, here in the UK there is little cheer. With a succession of adverse statistics in recent weeks doing little to dispel the feeling that the government’s efforts to promote and then deliver the growth that is desperately needed to repair the public finances, have yet to bear any tangible fruit. The initial
A flexible, high skill and plentiful UK labour market is central to the government’s ambitions to grow the economy through investment and increased productivity. Unfortunately, any discussion of the current state of the UK labour market is almost entirely anecdotal, a regrettable situation at such a crucial time but one made inevitable by the shortcomings of the only comprehensive set
The June 2025 Spending Review sets out ambitious plans for economic recovery and long-term growth with a strong emphasis on digital transformation and modernising labour force skills. How should UK businesses react and how could it affect them? Impact on sectors and skills Overall, government day-to-day spending will increase by 1.7% per year, while capital investment will grow by 3.6%
A month on from our last look at the UK economy and its prospects, our economic review for June 2025 has yet more evidence of just how volatile the global and domestic conditions are. A blizzard of bilateral trade deals involving Britain and variously, India, the USA and the EU have been announced, if not necessarily worked out in any
