Business News

12 May 2021

UK economy shrank 1.5% in first quarter of 2021, data reveals

The UK economy shrank by 1.5% in the first quarter of 2021 as the country underwent a COVID-19 lockdown, according to the Office for National Statistics (ONS).

11 May 2021

Record level of Apprenticeship Levy funds expired in 2020, research finds

Research carried out by manufacturers' organisation Make UK has revealed that a record level of Apprenticeship Levy funds expired in 2020 without being spent by businesses.

10 May 2021

Next step of roadmap out of lockdown to take effect from 17 May

From 17 May, indoor hospitality businesses are permitted to re-open and households will be allowed to mix as the next step of the government's roadmap out of the latest coronavirus (COVID-19) lockdown takes effect.

07 May 2021

UK economy set to grow rapidly once COVID restrictions are relaxed

In its latest report, the Bank of England (BoE) has predicted that the UK economy will grow at its fastest rate in more than 70 years in 2021 as coronavirus (COVID-19) lockdown restrictions are eased.

06 May 2021

Optimism amongst SME manufacturers has risen significantly, survey suggests

A survey carried out by the Confederation of British Industry (CBI) has revealed that optimism amongst small and medium-sized enterprise (SME) manufacturers rose considerably in the quarter to April 2021.

05 May 2021

Businesses planning to adopt 'hybrid' working after easing of COVID restrictions

A survey carried out by the Institute of Directors (IoD) has found that businesses are planning to adopt so-called 'hybrid' working once the coronavirus (COVID-19) lockdown restrictions are fully lifted.

04 May 2021

CBI calls for more clarity on COVID-19 roadmap

The government must provide further details on its roadmap out of lockdown to bolster the economic recovery, says the Confederation of British Industry (CBI).

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