Custom Fittings News & Blog
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UK Economy Finishes 2015 Strongly, CBI says
As we move in to 2016, it’d be fair to say that for many businesses, 2015 was a year worth forgetting. We saw the Chinese stock markets go into a state of almost constant uncertainty, UK manufacturing falter and the services industry show some early signs of worry, and that’s... -
Osborne Warns of ‘Cocktail’ of Threats to Economy
2016 hasn’t started with the kind of news that would get George Osborne leaping out of bed in the morning. China has opened the year with a series of torrid days in the stock market, closing 10% down from the end of 2015. That, in turn, hit the world markets... -
Chinese Stock Market Volatility Continues but Close Up
It’s been another week of global instability. With the Chinese stock market closing on early on Monday (04/01) after a sharp drop of 7% in its value caused the new ‘circuit breaker’ mechanism to kick in and cancel trading, things got off to a bad start. They didn’t improve much... -
Growth Forecast Cut as Interest Rates Remain Unchanged
It’s another dim day for the future of the British economy as the British Chambers of Commerce have moved to cut their UK economic growth forecasts, blaming a combination of weaker than predicted trade and manufacturing performance in areas like metals. The business lobby group have made the move which... -
UK Sees Last Deep Coal Mine Close
As we approach the end of 2015, we’re looking back at what could charitably be described as a mixed year for British industry. Some sectors, like metals, have seen hard times whilst others, like pharmaceuticals and autos have gone from strength to strength. There’s one industry, however, that has finally... -
Tata Nears Deal but October Falters
It’s fair to say that the UK steel industry is in something of a crisis at the moment. With allegations that Chinese firms are dumping cheap steal into the European market, those steel institutions based in the UK are either in uproar or suffering huge decline. UK Steel have moved... -
China Shuts Stock Market After Shares Tumble
China have brought in the New Year with what they hope won’t become a new tradition – closing the stock market early. Trading in on the Shanghai and Shenzhen stock markets were suspended earlier today (04/01/2016) after shares fell sharply to lose 7% of their value. The blue-chip CSI 300... -
UK Manufacturing Growth Slows in November
Hopes that UK manufacturing would see a further boost in the month prior to the seasonal shopping rush appear to have been premature, as the latest Markit Purchasing Managers’ Index showed growth slowing during the month of November. The index that the company use to measure the state of UK... -
UK Economic Growth Steady at 0.7%
From the Greek crisis and the chance of a Greek exit from the Eurozone to the ongoing Chinese stock market devaluation, the potential for a slump in the UK’s economic growth was a very issue for the markets. Countless think pieces had been published, analysts thoughts collated and markets braced... -
What Might China’s Falling Stock Market Mean for the UK? Part 2.
This is part two of our examination of the impacts that a slowdown in the Chinese economy could have on the UK. In part one we looked at what impact it might have on housing, so join us as we check in on interest rates, manufacturing and more. Interest Rates...
