Category: Confederation of British Industry

Supply Chain Adjustment: Thousands of British Corporations Aim to Cut Ties With CCP Market

August 3, 2022
British companiesChinachina decouplingConfederation of British IndustryHK Current AffairsHong Kong
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According to the Financial Times, the head of the Confederation of British Industry (CBI) had revealed that thousands of British companies are planning to cut economic ties with China. Tony Danker, Director-General of the CBI, said UK businesses expect relations between Beijing and the West to deteriorate further, with many British companies accelerating their efforts…

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UK Set for Most Widespread Pay Rises in Over a Decade, Says CBI

September 20, 2021
Business & EconomyCompaniesConfederation of British IndustryEconomiesglobal financial crisisinflationUKwageWorld
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LONDON—More British employers are planning pay rises than at any time since the global financial crisis as they struggle to recruit staff following the coronavirus pandemic and Brexit, data from the Confederation of British Industry (CBI) showed on Monday. The CBI said 44 percent of businesses intended to raise pay in line with inflation and…

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