Latest research from the Institute of Directors has found that 57% of business leaders will be less likely to hire new workers as a result of the Government’s planned employment rights legislation. The UK Government has committed to introducing an Employment Rights Bill within its first 100 days of office, by 12 October 2024. Commenting…
The IoD Directors’ Economic Confidence Index, which measures business leader optimism in prospects for the UK economy, fell back to -12 in August, following a three-year high of +7 in July 2024. Business leader confidence in their own organisations also fell from +36 in July to +23 in August. This reduction in confidence is also…
Malaysia Carnival 2024 organised by the High Commission of Malaysia in the UK. David Stringer-Lamarre, MD, Fortis Consulting London, said “I was very pleased to be present, alongside other members of The British Malaysian Society; our stall had many visitors! “An excellent occasion, singing, dance, speeches, martial arts, golf, tug of war and of course…
Commenting on ONS data that showed GDP rising by 0.6% in Quarter 2 2024, following growth of 0.7% in Quarter 1, Anna Leach, Chief Economist at the Institute of Directors, said: “It’s good to see the UK cement the first half of the year with a further quarter of strong economic growth. Sadly though, this pace of…
UK-Malaysia international trade. The British Malaysian Society (BMS) Trade Delegation visit to Kuala Lumpur 18-22 November. David Stringer-Lamarre, MD, Fortis Consulting London and Chair of the BMS International Trade Group said “It was a great pleasure to discuss plans with members and supporters. “The session at the Park City Grand Plaza Hotel was led by…
Commenting on today’s data from the Office for National Statistics, that showed the annual rate of CPI inflation rising to 2.2% in July 2024, from 2.0% in June 2024, Anna Leach, Chief Economist at the Institute of Directors, said: “Today’s rise in inflation is in line with expectations and so doesn’t change the outlook for interest rates….
Commenting on this morning’s release of labour market statistics, that showed a small reduction in vacancies and increase in the employment rate, Alexandra Hall-Chen, Principal Policy Advisor for Employment at the Institute of Directors, said: “Businesses will welcome continued signs of the labour market cooling, with vacancies decreasing on the quarter for the 25th consecutive period….
The British Malaysian Society (BMS) – Ham Polo Club London. David Stringer-Lamarre, MD, Fortis Consulting London and Chair, BMS, International Trade Group was pleased to attend. David said “It was an excellent afternoon of polo and conversations. The main event of the afternoon was the exciting polo match between the Household Cavalry and East Asia….
UK-Malaysia international trade. The British Malaysian Society Trade Delegation visit to Kuala Lumpur November 2024. David Stringer-Lamarre, MD, Fortis Consulting London, said “It was a great pleasure to discuss plans with High Commission of Malaysia, Malaysian Investment Development Authority and Malaysia External Trade Development Corporation (MATRADE). “I was pleased to accompany Mei Sim Lai OBE…
The IoD Directors’ Economic Confidence Index, which measures business leader optimism in prospects for the UK economy, bounced to +7 in July 2024, from -14 in June. This is the highest result that the Index has registered since July 2021 (+22), which was also the last time the Index was positive. The underlying indicators showed…
Commenting on the decision of the Monetary Policy Committee of the Bank of England to cut interest rates to 5%, Anna Leach, Chief Economist of the Institute of Directors, said: “Today’s 5-4 vote by the MPC for a rate cut will give some welcome relief to businesses and households squeezed by the high cost of finance. Although…
The Institute of Directors welcomed the announcement of the E-Commerce Joint Initiative at the World Trade Organisation. Responding to the new Joint Initiative, IoD Trade Policy Advisor Emma Rowland said: “This agreement will facilitate an easier trading environment for UK businesses. “Businesses consistently highlight friction at the border, specifically paperwork and time taken for checks, as being…
Aldgate Ward Club Civic Luncheon with guest of honour Sheriff Dame Susan Langley in the Guildhall, City of London Corporation. David Stringer-Lamarre, MD, Fortis Consulting London, was very pleased to attend. He said “It was an excellent occasion with engaging speeches by Sheriff Dame Susan Langley, Alderwoman for Aldgate Ward, Patron of Aldgate Ward Club…
Commenting on the release of labour market statistics that showed signs of continued cooling, Alexandra Hall-Chen, Principal Policy Advisor for Employment at the Institute of Directors, said: “Employers will welcome signs that the labour market continues to cool, with vacancies decreasing on the quarter for the 23rd consecutive period and a slight drop in economic inactivity. “However,…
Culture x AI. Victoria and Albert Museum – Kan Tai Kueng x AiD Lab x Hong Kong Fashion Designers Show. David Stringer-Lamarre, MD, Fortis Consulting London was pleased to attend. He said “It was a fascinating and thought provoking event bringing together fashion designers and Artificial Intelligence. “I was very pleased to catch up with…
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