Month: July 2017

Concerns over an unexpected slowdown of the manufacturing sector led to a fall in the pound when the PMI figures were released in early July. The latest PMI figures revealed a fall to 54.3, however, the sector hasn’t fallen into contraction. Growth in exports also proved disappointing, as was the level of new orders. Business …

Unexpected slowdown of manufacturing sector, but it’s still at a three-year high Read More »

Concerns have been raised regarding the rising cost of the Hinkley Point C project, and there’s speculation about delays too. Several media sources have reported that the price of the new nuclear plant will rise by a further £1.5 billion. However, the Guardian reports that the developer, EDF, stated the overspend could exceed 2 billion, …

Price of Hinkley Point C to rise Read More »

Amid fears that Brexit could force some chemical manufactures to move overseas, the Chemical Industry Association (CIA) has reiterated what it wants to see from the final deal with the EU. Among its priorities are tariff free access to the single market, ‘access to appropriately skilled people’ as well as ‘regulatory continuation and consistency’.   …

Chemical and pharmaceutical sector speaks out about Brexit Read More »