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Services Output Index records limited growth as pace of economic recovery slowsEmployment falls as the Government places greater burden on employers
Retailers record best monthly in-store sales result since February thanks to first week sales
Two thirds of businesses say second wave will have a bigger economic impact than no-deal BrexitRisks that businesses are distracted by COVID-19 as only one third say adapting their business for Brexit is in top three immediate concerns.
Charity retailers reported improved performance in August with the sector making slow but steady progress towards returning to pre-pandemic levels of sales, a new report from accountancy and business advisory firm BDO has found.
Commenting on the final report of the FCA’s market study into the pricing of home and motor insurance, Santi Restrepo, Financial Services Director at BDO said:
Sector climbs off the bottom but no evidence of V shape recover.Key findings:Output and orders improve but still way below historic averagesSignificant cuts to investment while employment prospects weakenForward looking indicator suggest conditions will improve albeit slowlyJust under a fifth of...
Sharp rise in optimism throughout August after businesses boosted by Government supportEnd of Government support and fears of a second wave could test future optimismEmployment Index drops to a near four year low