Manufacturing orders strong; output struggling to keep pace
UK MANUFACTURING total order books in September improved to their highest on record (since 1977), according to the latest monthly CBI Industrial Trends Survey.
UK MANUFACTURING total order books in September improved to their highest on record (since 1977), according to the latest monthly CBI Industrial Trends Survey.
ACCORDING TO the CBI and Pertemps Network annual survey, the UK’s jobs outlook is strengthening. However, three quarters of businesses are reporting access to labour as a threat to competitiveness – the highest proportion since the question was first asked in 2016.
ACTIVITY ACROSS the private sector grew at the fastest pace since May 2014 in the three months to August, according to the CBI’s latest Growth Indicator.
IN THE three months to August 2021, manufacturing output growth eased, but remained firm by historical standards, according to the latest monthly CBI Industrial Trends Survey. However, stock adequacy weakened to a new survey-record low for the third consecutive month.
CBI director-general Carolyn Fairbairn believes the Government must collaborate with business to ‘radically rethink’ the design of the apprenticeship levy, if it is to deliver the quality skills training needed to support a more prosperous society.
UK GROWTH SLOWS BUT EXPECTATIONS BUOYANT – CBI…
The manufacturing sector stabilised somewhat in February, reporting little change on January’s muted performance, according to the CBI Industrial Trends Survey.
Skills shortages are continuing to bite with firms identifying this as the top threat to the UK’s attractiveness as a place to do business for the second year running – according to the latest CBI/Accenture Employment Trends Survey.
The UK economy remains resilient in the face of wider fears for global growth, according to the CBI which has unveiled its latest quarterly economic forecast.
DOMESTIC AND EXPORT ORDERS FALL AMONG SMALL FIRMS…
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