Business Live - UK Business news, analysis & Thought Leadership
Get the latest news, in-depth analysis and advice on all business across the UK. Including live blogs, video and more from the BusinessLive team.
UK construction activity hits six-month low as consumer …
23 hours ago · The UK's construction activity has dipped to a six-month low in December, as per a recent survey, with the sector losing momentum. The S&P's construction purchasing managers' index (PMI) indicates that housebuilding activity has further contracted, while growth in commercial and civil engineering work has slowed compared to the previous month.
KPMG predicts UK economic rebound fuelled by consumer …
1 day ago · New forecasts from KPMG suggest that economic growth will pick up pace this year, driven by falling interest rates and increased government spending. The firm predicts a 1.7 per cent rise in GDP over 2025, doubling the 0.8 per cent growth expected for 2024, as reported by City AM. "Buoyed by a ...
UK house prices climb at fastest rate since 2021 - Business Live
23 hours ago · The UK housing market experienced its best year since 2021 last year, according to a recent survey. However, economists are expressing concerns over emerging cracks in the market. Halifax reports that UK house prices saw an overall increase of 3.3 per cent in 2024, with most of the growth occurring in the second half of the year.
UK business outlook for 2025 is much brighter than the end of 2024
Dec 30, 2024 · UK businesses are bucking the trend of negative sentiment that has characterised much of the year, with an anticipated upturn in 2025. According to new findings from the Lloyds Business Barometer, more UK firms are optimistic about a stronger start to 2025 compared to their outlook at the beginning of 2024.
Firms that innovate can seize growth opportunities
4 days ago · As look ahead to the new year, there are going to be many challenges facing the businesses here in the UK. Not only will they be dealing with some of the financial challenges brought about by the UK Government’s policy towards taxes and the workplace, entrepreneurs and small businesses will also face a rapidly changing landscape shaped by technological advancements, shifting consumer ...
UK economy's rollercoaster year: From rapid growth to recession …
6 days ago · Analysing the UK's economic trajectory in 2024 has proven to be complex. At the year's outset, a consensus among forecasters suggested another stagnant year for the UK. "Expectations were bleak coming into 2024," commented Sanjay Raja, Deutsche Bank's chief UK economist. "External forecasters were ...
We cannot grow the economy by just taxing businesses
Dec 27, 2024 · As 2024 draws to a close, it is clear that the UK economy finds itself at a critical crossroads, with businesses bracing for what many fear will be a sharp downturn in activity due to a combination of domestic fiscal pressures and international uncertainties. Indeed, some have even suggested that ...
UK companies cut jobs at fastest rate in nearly 4 years as firms ...
Dec 16, 2024 · The private sector in the UK has seen the fastest rate of job cuts in nearly four years, as companies react to new tax rules announced in the Budget. The latest S&P Global Flash UK Purchasing Managers’ Index (PMI) revealed that while business confidence remained steady from November due to a ...
West Midlands - Business news, local news, expert opinion
The latest business news from across the West Midlands including Birmingham, the Black Country, Coventry and Solihull. The region's biggest employers include Aston Martin, Birmingham Airport, Jaguar Land Rover, JCB, HS2, HSBC UK and NEC Group. Never miss a story - click here to sign up to our free email updates - and follow our …