The Governor of the Bank, Mark Carney, of England has downgraded the Bank's forecast for growth following the latest Inflation Report. The Bank has held interest rates at 0.75% as Brexit uncertainty is set to see a growth slump to its lowest level for a decade. Growth forecast has been slashed … [Read more...]
News for: Brexit
Brexit News: An Insight Podcast from Jason Hunter
Brexit is complex! Not many of us fully understand all the implications because we don't know who to believe! Ahead of the referendum, Marketing Stockport invited UK economist John Ashcroft to share his non-partisan views with a group of Stockport based business owners. Post Brexit, his reaction … [Read more...]
BRC: No-deal Brexit presents more challenge for retailers
Despite total retail sales increasing by 1.3% in October, against an increase of 0.2% in October 2017, the head of the British Retail Consortium is warning that a "no-deal Brexit presents a huge challenge for retailers". Helen Dickinson OBE, Chief-Executive of the British Retail Consortium has … [Read more...]
Stockport manufacturers invited to prepare for Brexit
Stockport manufacturers are being invited to an event outlining what they need to do to prepare for Brexit. ‘Preparing Your Manufacturing Business for Brexit’ will be held at Cheadle House on Thursday 18 January 2018 from 8am-11:30am. The event will be delivered by the Manufacturing Growth … [Read more...]
Deadline set for UK to exit the EU
Two important deadlines for the UK to exit the EU have been set by the EU’s chief negotiator Michel Barnier and by the UK Prime Minister Theresa May. Michel Barnier has given the British government two weeks to give "vital" clarification on the financial commitments it is prepared to make ahead of … [Read more...]
So just how are the Brexit talks coming along ?
Every weekend, I look forward to The Saturday Economist dropping into my inbox 'keeping you in the picture' with a round-up of the week's political and economic issues. This week, The Saturday Economist, John Ashcroft, looks at the growing confusion over Brexit. So just how are the Brexit talks … [Read more...]
Select Transport expands at Manchester Airport
Select Transport, a key logistics business at Manchester Airport’s World Freight Terminal, has tripled the size of its operation at the cargo hub to almost 12,000 sq ft. Weathering political uncertainty over Brexit, local businessman Marc Waterfield’s logistics business, Select Transport, has … [Read more...]
Summit Leaders agree One Voice for the North
Following yesterday's transport summit in Leeds, 'one voice for the North' - a representative body of political, business and other leaders - will enable the voice of the North to be heard more loudly than ever before. The Mayor of Greater Manchester, Andy Burnham has today welcomed the … [Read more...]
Greater Manchester’s economy growth overtakes London
The economy of Greater Manchester has grown faster than London’s in the three years since the Northern Powerhouse initiative was launched, according to new research. In a recent UK Powerhouse report, which is produced using the Centre for Economics and Business Research, it has been revealed that … [Read more...]
Changes to tax free pension allowances in 2017 Finance Bill
Have you accessed any of your pension? The Finance Bill 2017 has just confirmed that those who have saved and are able to access their pension from the age of 55, will now face a tax-free allowance cut. The allowance had been set at £10,000 but is dropping to less than half this at £4000 for the … [Read more...]
UK Employment reaches new record high
UK Employment Statistics released today show the unemployment rate has fallen to 4.5% – the lowest level since 1975. An increase in the number of people now in full time work has driven the record figures, with the overall number of people in work at the highest level since records began in … [Read more...]
New obligations in General Data Protection Regulation
The General Data Protection Regulation (GDPR) , which comes into effect on the 25th of May 2018, is a new set of obligations from the European Parliament for businesses on issues related to the data protection rights of all European Union (EU) residents. The new regulations cover breaches and … [Read more...]