Stay up to date with the latest developments in the British economy. Looking at domestic and global economies, our business news helps industries understand important events and build strategies for the future. The CBI's economy news team draws on a wealth of experience, and a vast network of businesses from across the UK. We also provide regular reports and surveys which can be found on the CBI site.
Q3 GDP growth rate was unrevised in its final estimate at 0.4%. However, revisions to the composition of growth left it looking more balanced over the quarter. Employment continued to fall in the three months to October, but the labour market remains relatively tight.
India delivered a stunning improvement in the Ease of Doing Business ranking of the World Bank by climbing up 30 places from 130 to 100. Read all about it and the CBI India Business Confidence Review November 2017 in this month’s India Update.
Demand in the services sector weakened in the three months to November, as consumer services saw business volumes fall at the fastest pace since February 2012, according to the CBI’s latest quarterly Service Sector Survey.