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Entrepreneurs Panel

Julie Meyer
Charlie Mullins
Richard O'Sullivan
Steve Purdham
Michael Oliver
Tony Caldeira
Brian Hay
Debbie Pierce
Jeremy Roberts
David Pollock
Jennie Johnson
Laura Tenison

Category: CIPSSyndicate content

UK manufacturing is enjoying one of the brightest spells for output and new order growth in more than two decades, according to a new industry survey.

The UK’s services sector grew at its fastest rate in more than two years in June, a new report has revealed.

Output in the construction industry contracted at the sharpest rate since October 2009 during February, with commercial development and civil engineering showing steep declines.

The UK's manufacturing sector ended 2012 on a positive note as production hit a 20-month high and the growth in new orders accelerated thanks to stronger domestic demand.

Business confidence in the UK's construction industry hit the lowest point in nearly four years in November as new orders declined at the sharpest pace since April 2009, according to a new report.

Continued growth in new orders helped the construction sector record a "solid" increase in activity during July.

Service sector activity accelerated to a four-month high in July as new business picked up and inflation eased, but it was not enough to lift confidence from its "historically low level".

The UK's construction sector recorded a "solid expansion" in May, thanks to an increase in new orders and the resumption of a number of mothballed projects.

UK construction sector activity slowed markedly in July, as firms' confidence about the outlook deteriorated due to concerns about public spending cuts, a survey of purchasing managers showed today.

The UK service sector continued to recover in August, according to the latest figures from the Chartered Institute of Purchasing & Supply (CIPS). The CIPS Activity index expanded for a fourth successive month and at the strongest rate since September 2007.It now stands at 50.7 - below 50 indicates negativity.

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Five Minutes With

David Hughes sums up his entrepreneurial career to date thus: four spectacular successes and two failures. He founded the sports retailer Allsports and achieved turnover of £180 million before a vicious price war meant decline, administration in 2005 and a sell-off to rival JD Sports.

It took Richard Shonn, managing director of 151 Products, three years to find a warehouse big enough for his requirements.