UK economy

Blog tagged as UK economy

The Impact of the Bank of England's Recent Rate Hike to 5% 
Dive into the multifaceted repercussions of the Bank of England's rate jump to 5%. Explore how this critical financial shift is influencing the cost of borrowing for businesses, transforming mortgage borrowing, and leaving an indelible mark on the real estate market.
#GICCapital
04/07/2023 12:45 - Comment(s)
Issues Impacting the UK Economy
Explore the key issues impacting the UK economy, from Brexit implications and labor shortages to the housing crisis and the pressure to transition to greener practices. Discover the challenges and opportunities that lie ahead for the UK's economic landscape.
#GICCapital
03/07/2023 12:52 - Comment(s)
Increases in National Minimum Wage Rate 2020 
New minimum wage rates that will apply from the 6th April 2020. The increased rates were recommended by the Low Pay Commission, an independent body that advises the Government.
UK manufacturing growing steadily, but is it stable? 
Latest statistics have revealed that UK manufacturing grew steadily at the end of the first trimester of this year but there are concerns about the stability of this growth.
What does the closure of more shops on the high street say about the changing face of the UK retail industry?
The closure of more high street shops has highlighted a transformation in the retail industry and the way that consumers are choosing to shop for fashion items.
Are small and mid-market businesses the new UK economic engine? 
It’s time for big businesses to move over, mid-sized firms are leading the way when it comes to economic growth in the UK. Ambitious small businesses are taking steps to seize opportunities and put their expansion plans into action.
Are construction firms putting too much of an emphasis on immediate financial goals?
The collapse of Carillion, a major British multinational facilities management and construction services company, has highlighted some major downfalls within the UK construction industry .

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