Cbi

Unemployment in Scotland rose to 4.3% between March and May as the coronavirus lockdown restrictions hit the jobs market hard.

In yesterday's summer economic statement, chancellor Rishi Sunak announced a number of measures aimed at supporting the UK economy in the wake of the coronavirus pandemic, such measures include a temporary 5% VAT cut for the food and hospitality industry. The cut marks a significant reduction from t

Dame Carolyn Fairbairn, CBI director-general and Tracy Black, the CBI’s Scotland director, have written to First Minister Nicola Sturgeon urging her to put jobs and training, especially for young people, at the heart of economic recovery plans.

Scotland's unemployment rate is now the highest in the UK, according to the latest Labour Market Statistics from the Office for National Statistics (ONS).

UK companies do not have the resilience or resources to handle a no-deal Brexit after the onslaught of the coronavirus crisis, according to Carolyn Fairbairn, the outgoing boss of industry body the CBI. Ms Fairbairn said a CBI member had likened a no-deal to "setting the shed on fire" while the hous

A route map setting out a phased approach to easing lockdown restrictions while still suppressing coronavirus has been published by the Scottish Government.

SME manufacturing output fell at the quickest pace in over a decade in the quarter to April, according to the latest CBI SME Trends Survey.

The latest research from CBI has highlighted that the UK private sector is experiencing a significant downturn as businesses and professional services experienced the sharpest fall since 2009. 

The CBI has outlined a comprehensive range of measures aimed at accelerating emergency support to distressed firms amid the continuing COVID-19 crisis.

The UK Treasury has announced that loans to all medium-to-large firms will now be included in the government's £330 billion coronavirus support package for the economy. All viable companies with a turnover of more than £45 million will be able to apply for government-backed support, including thos

Financial services optimism fell in the three months to March and firms expect a sharp decline in business ahead, according to the latest CBI/PwC Financial Services Survey.

Manufacturing output expectations dropped to their weakest since the financial crisis, as the COVID-19 outbreak gained pace in the UK and Europe, according to the latest CBI monthly industrial trends survey conducted between 25 February and 13 March.

Chancellor Rishi Sunak's announcement that the UK Government will pay the wages of employees unable to work due to the COVID-19 outbreak has been roundly welcomed. The chancellor said that the government will pay 80% of salary for staff who are kept on by their employer, covering wages of up to &pou

Yesterday, Chancellor Rishi Sunak delivered his first Budget for 2020/21 in the House of Commons. The budget took into account the economic impact of the recent COVID outbreak and contained measures to mitigate any problems stemming from this.

The British Chambers of Commerce (BCC) has welcomed the Bank of England's decision to cut interest rates, saying that the "decisive action" will "support the economy at this delicate moment". In an emergency response to the economic impact of the Coronavirus outbreak, the Bank of England today