Remove business cbi
article thumbnail

New CBI boss says she is ‘profoundly sorry’ to women let down by business group – live

TheGuardian

As Rain Newton-Smith takes over as CBI director general, the boss of drugmaker GSK calls claims around CBI ‘absolutely shocking’ and ‘repulsive’ Revenues at GSK , Britain’s second-biggest drugmaker, slid in the first quarter because of a 98% drop in sales of its Covid-19 treatment Xevudy. Continue reading.

Groups 66
article thumbnail

UK Retail Sales Get Further Lift After Lockdown Rules Dropped

PYMNTS

The Confederation of British Industry ’s (CBI) latest monthly Distributive Trades Survey pointed to grocery stores as a big contributor to sales growth. The CBI surveys 123 companies, including 56 retailers. Lockdown measures affected British buying habits, the CBI said. As a result, U.K. Finance reported. Jones told Yahoo!

Retail 254
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

CBI boss warns Rishi Sunak against austerity ‘doom loop’– business live

TheGuardian

Live, rolling coverage of business, economics and financial markets as lobby group leader Tony Danker calls for pro-growth policies from new prime minister Good morning, and welcome to our live, rolling coverage of business, economics and financial markets. 9am BST: Germany Ifo business climate (October; previous: 84.3

Taxes 81
article thumbnail

Iceland Central Bank Debuts Instant Payments

PYMNTS

The Central Bank of Iceland (CBI) is debuting a new instant pay platform with partnership with SIA , a European company specializing in high-tech payment services and infrastructures, according to a press release.

Payments 193
article thumbnail

UK Faces $30B In COVID Loan Losses

PYMNTS

government now estimates its losses from the pandemic could hit 23 billion pounds (about $30 billion), Bloomberg reported, coming from loans used to help businesses affected by the crisis. Both estimates come from loss ranges based on history, from similar prior programs, combining credit and fraud losses. That comes with U.K.

Taxes 247
article thumbnail

CBI and City bosses warn against giving staff legal right to work from home

TheGuardian

UK business leaders voice concerns over creation of two-tier workforce and harm to city centre economies The heads of the UK’s largest business lobby group and two major City employers have warned against giving workers the legal right to demand remote working, claiming it would harm young employees and city centre economies.

Groups 80
article thumbnail

UK Agencies Paint Stark Reality For Retail

PYMNTS

The Confederation of British Industry (CBI) said on Thursday (March 26) that its monthly survey of retailers showed the weakest outlook since April 2009. The CBI says retail sales volumes will fall sharply to April, with retailers more pessimistic than at any time since April 2009. The results of its survey suggest that U.K.

Retail 141