1695 results
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The CBI has responded to the Office for Budget Responsibility coronavirus scenario that shows the possible effects on the economy of a 3-month shutdown. As well as the International Monetary Fund’s global economic forecast expecting a 3% contraction in global growth.
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Financial services optimism fell in the three months to March, and firms expect a sharp decline in business ahead, according to the latest CBI/PwC Financial Services Survey.
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Scotland’s leading business organisations have issued a joint-statement in response to the private sector’s role in tackling the COVID-19 crisis.
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CBI Wales has responded to measures set out by First Minister Mark Drakeford to tackle the economic impact of COVID.
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Private sector activity fell again in the three months to March, albeit at a slower pace than last month (-4% from -7%), according to the CBI’s latest monthly Growth Indicator. However, volumes in some sectors are set to fall sharply in the next three months, with expectations in these areas at their weakest since 2009.
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