Responding to the Spring Statement by the Chancellor of the Exchequer, Anna Leach, the Chief Economist at the Institute of Directors, said: “The Chancellor has rightly responded to a fiscal rules ‘miss’ by taking proportionate action to reduce the deficit and re-build fiscal headroom. This was necessary to ensure market confidence and stability. But the balance of…
Commenting on this morning’s release of ONS labour market data, Alex Hall-Chen, Principal Policy Advisor for Employment at the Institute of Directors, said: “Despite a small increase in payrolled employees, the continued decline in job vacancies and increase in the unemployment rate reflect weak business hiring intentions as a result of the Government’s employment reforms. “Our…
Commenting on ONS data that shows GDP fell by 0.1% in January 2025, following growth of 0.4% in December, Anna Leach, Chief Economist at the Institute of Directors, said: “January’s growth disappointment was driven by a broad-based decline in manufacturing. The ONS highlight weakness in the manufacture of motor vehicles, who are facing profound trade uncertainty on…
Aldgate Ward Club New President Elected: Vanessa Dal Busco. Alderwoman Dame Susan Langley was the guest of honour. David Stringer-Lamarre, MD, Fortis Consulting London, was pleased to attend. He said “Many congratulations to Vanessa and all other officers elected during the Installation Dinner within the Guildhall, City of London. Also congratulations to Immediate Past President…
Melanie Hampton – many congratulations upon election as Chair, The Construction Liveries Group from the team at Fortis Consulting London! Melanie is Immediate Past Master, The Worshipful Company of Paviors. The Construction Liveries Group (CLG); ‘We’re here to promote the art, craft and science of construction, and to support the professional and personal development of…
The IoD Directors’ Economic Confidence Index, which measures business leader optimism in prospects for the UK economy, dropped back to -64 in February 2025, from -59 in January. Business confidence remains at historically depressed levels, just above the recent nadir of -65 in November 2024 and close to the lows reached during Covid. Business leader…
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