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.
In a speech to business leaders in Cardiff, the CBI’s new Director-General, Carolyn Fairbairn will set out the opportunity Cardiff has to be part of a new wave of Great British city regions and a true global player with a new city devolution deal in place.
The CBI/KPMG quarter 4 London
business survey is the last survey
of the year, providing a snapshot
of business sentiment. Although
2014 has been a positive year, with
business and economic prospects
remaining optimistic, we have seen
an easing of this as the year has
progressed – culminating with under
a half of businesses (43%) saying
they expect economic prospects to
remain the same over the next few
months, compared to businesses at
the start of the year (70%) who said
they were more optimistic for the next
six months. This clearly reflects the
business mood caused by uncertainty
as we fast approach the next general