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The Latest Breaking News from Alpesh Paleja

Confidence in UK services sector falls amid rising costs and weak demand

CBI polling of the sector shows most companies are downbeat about future and are reporting lower profits

The Guardian - UK

Businesses prepare to cut staff as they brace for slowdown, CBI finds

The upcoming increase to national insurance contributions has prompted firms to assess their budgets urgently, the CBI found.

Evening Standard

British economy heading for ‘worst of all worlds’, business leaders warn over Labour Budget

After Rachel Reeves’s controversial Budget, the Confederation of British Industry warns the economy is ‘headed for the worst of all worlds’

The Independent UK

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Sales in UK shops bounce back as inflation slows

CBI data for May suggests slowdown in price growth is encouraging shoppers in Britain to buy more

The Guardian - UK

Spanish inflation almost halves and German CPI falls as energy prices cool – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

UK private sector contracts for eighth consecutive quarter

However, the Confederation for British Industry (CBI) said its latest growth report showed ‘signs of green shoots’.

The Independent UK

‘No strategy’: West Yorkshire firms hope the budget supports industry

Business leaders looking for industrial plan of action from government amid uncertainty over the economy

The Guardian - UK

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An industry-friendly budget? Don’t get your hopes up

Tackling inflation and restoring credibility are top of the chancellor’s to-do list in the autumn statement. Business pleas may go unheeded

The Guardian - UK

Interest rates: Starmer warns of ‘Tory premium on mortgages’ OLD

Chancellor Jeremy Hunt confirms more pain to come in autumn statement

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