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Pay freezes increase in manufacturing as uncertainty grows

01/10/2012

By Daniel Hunter The number of pay freezes in manufacturing has increased following growing uncertainty about the economic outlook and medium-term prospects for demand, according to the latest survey on pay data from EEF, the manufacturers’ organisation and JAM Recruitment. According to the survey of companies for the three months to the... read more


 

UK manufacturing index edges lower

01/10/2012

By Daniel Hunter The downturn in UK manufacturing production extended into its third successive month in September, as order inflows remained lacklustre and job losses continued to mount. Cost pressures also surged higher on the back of the recent strengthening of oil, food and commodity prices. The seasonally adjusted Markit/CIPS Purchasing Manager’s... read more


 

Eurozone manufacturing downturn eases further

01/10/2012

By Daniel Hunter At 46.1 in September, the headline seasonally adjusted Markit Final Eurozone Manufacturing PMI posted below the neutral 50.0 mark for the fourteenth successive month. Although the PMI rose to a six-month peak – up from 45.1 in August and above the earlier flash estimate of 46.0 – its... read more


 

UK 'destination of choice' for global automotive investment

27/09/2012

By Daniel Hunter The Society of Motor Manufacturers and Traders (SMMT) has launched a new report, compiled by KPMG, that sets out why the UK has become a destination of choice for global vehicle manufacturers. The report also explains the major supply chain opportunities that exist and what makes the UK... read more


 

Euler Hermes increases credit insurance support to UK exporters

27/09/2012

By Daniel Hunter Signs of an export-led recovery have been given additional corroboration by figures from Euler Hermes, world leader in trade credit insurance. In the first six months of 2012, Euler Hermes increased the value of credit limits underwritten for UK exporters by 6.5 percent – underwriting the equivalent of approximately... read more


 

CBI chief joins David Cameron on trade mission to Brazil

27/09/2012

By Daniel Hunter John Cridland, the CBI director-general, is among 40 UK business leaders and politicians – including David Cameron, the prime minister, and trade minister Lord Green - leading a trip to Brazil aimed at boosting trade between the two countries. Mr Cridland said developing opportunities to exploit the success of... read more


 

Cameron to promote British business in New York

26/09/2012

By Claire West The Prime Minister is using his attendance at the UN General Assembly Ministerial debate in New York this week to promote British business across the Atlantic. It is part of the Government’s ongoing efforts to boost prosperity at home by linking Britain up to the fastest growing parts... read more


 

£1 million Export Finance boost for UK's small businesses

24/09/2012

By Daniel Hunter UK Export Finance (UKEF) is backing £1 million of additional support to help UK companies grow through overseas trade. The support is being provided through HSBC which is extending its credit line to specialist international trade firm Synergy in Trade by £1 million. Synergy in Trade already operates multimillion pound... read more


 

UK Trade and Investment lead creative mission to Brazil

24/09/2012

By Daniel Hunter A group of UK creative companies are set to embark on a mission to Brazil in a bid to demonstrate UK creativity and boost trade. Led by UK Trade & Investment (UKTI) the group will meet Brazilian companies and personally meet the Secretary of Culture for the State of... read more


 

Innovation will make UK process industry more sustainable

21/09/2012

By Daniel Hunter Seventy UK companies, universities and research organisations are to share over £7 million of government funding to undertake research that could lead to the development and commercialisation of innovative approaches to sustainable manufacturing for the process industry. The Technology Strategy Board and the Engineering and Physical Sciences Research Council... read more