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The economy

CBI proposes alternative to redundancy

A radical alternative to laying off staff could see workers, whose firms are suffering a fall in demand, paid to remain at home.

Business output on the increase

After its prolonged battering, the UK’s manufacturing sector may be about to turn a corner.

Ease tax burdens to boost recovery, government urged

The UK’s small business sector is experiencing tentative signs of a recovery, according to a new survey.

Manufacturing needs more direct state support

A manifesto has called on the government to place the manufacturing sector at the centre of a better balanced and more diverse UK economy.

Employers looking to freeze pay

Over a half of employers are planning to keep wages on hold during the next round of pay talks, a new survey has indicated.

Business lending sees record drop

Many firms are still experiencing the effects of the credit crunch, with business lending suffering its biggest drop in nine years.

Businesses asked for their views on access to finance

The government wants to hear from SMEs about the difficulties they are facing when it comes to securing growth capital.

Small businesses less expensive to run

The cost of running a small business has fallen for the second successive quarter.

Recession could be ending

The UK economy may at last be emerging from the recession, a leading think tank has suggested.

Business lending still in a trough

Lending to both large and small firms remains weak, the Bank of England has said.