Commenting on the proposals published by the Department for Business today, Steve Radley, Director of Policy at EEF, the manufacturers’ organisation said:
Commenting on the Voluntary Code of Practice Steve Radley, Director of Policy at EEF, the manufacturers’ organisation said:
Ms Lee Hopley, Chief Economist at EEF, the manufacturers’ organisation said:
“The decision to hold steady on policy was largely expected but, with a range of indicators for the UK economy on the slide this is likely to be a wait and see position. The risks to growth seem to be building and, another expansion in asset purchases may be called on to get the economy out of reverse gear.” 07/06/2012
Demand holds up though fears over confidence in short term may hold back investment
Industry sets out five priorities for action on employment reform
Commenting on today’s PMI data, Ms Lee Hopley, Chief Economist at EEF, the manufacturers’ organisation said:
Manufacturing pay settlements have increased slightly, making a gradual return to the normal long term average last seen before the 2008/9 recession according to the latest data from EEF, the manufacturers’ organisation and JAM Recruitment.
The second quarter of 2012 has seen some improvement in credit conditions for Britain’s manufacturers according to a major survey published today by EEF, the manufacturers’ organisation, with the availability of finance increasing for more companies over the past two months. However, this is still coming at a price as fees on existing borrowing seem to be driving more companies to report a higher cost of credit.
Commenting on today’s revised GDP figures, Andrew Johnson, Senior Economist at EEF, the manufacturers’ organisation said:
’s manufacturers are maintaining their plans to invest in assets to increase productivity and reduce energy use, amidst a significant shift in the finance and lending landscape according to a survey released today by EEF, the manufacturers’ organisation, and Lombard.