Rain Newton-Smith - Confederation of British Industry


Last quote by Rain Newton-Smith

This is a critical time for a sector that employs three million people across Britain. The Government can give retailers, especially those on the high street, some much-needed relief in next month's Budget by bringing forward the planned switch of business rates indexation from RPI to CPI.feedback
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Oct 26 2017
Find all of Rain Newton-Smith’s quotes that have been published in 27 different articles on this page. Rain Newton-Smith’s quotes are organized by date and topic, making it easy for you to compare, for example, what Rain Newton-Smith has said both recently, and in the past, on a variety of topics. Some of the topics Rain Newton-Smith likes to comment on include EU, U.K. and sale. Most recently, Rain Newton-Smith said, “We've seen a general softening in manufacturing activity over the past three months, with the outlook for investment becoming more subdued. To boost investment growth, government should use the budget to provide a fillip for factories through business rate reforms, including exempting new plant and machinery from rates altogether.”.
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Rain Newton-Smith quotes

Mar 26 2017 - Brexit

It's great that financial services firms have begun the year with a spring in their step – notwithstanding Brexit uncertainty – with volumes expanding at a robust pace, profitability improving and hiring on the up.feedback

Feb 27 2017

Firms anticipate increasing pressure on margins over the next quarter, with the strongest expectations for price growth in 10 years, making the business environment that bit tougher.feedback

Jan 30 2017 - Brexit

While businesses are committed to making a success of Brexit, making progress on improving the U.K.'s productivity remains the number one priority.feedback

Jan 30 2017

Resilience has been the hallmark of the U.K. economy since the EU Referendum. But higher inflation is on the way, which will erode consumer incomes, while the impact of uncertainty since the referendum may cause investment spending to slow this year.feedback

Dec 16 2016

It's good to see our manufacturers ending the year on a high note with growth in production the strongest since summer 2014 and total orders still robust.feedback

Nov 06 2016

Manufacturing exports are riding high on the back of weaker sterling and consumers are continuing to spend on the high street, but activity is more modest in the services sector.feedback

Nov 06 2016

Although growth will be robust for the remainder of this year, we expect uncertainty ... to dampen business investment in 2017, along with a rise in inflation which will knock household spending.feedback

Sep 27 2016

Consumer confidence has been dented since earlier in 2016 and higher inflation is likely to squeeze household incomes over the year ahead. With margins remaining tight, retailers are set to continue to operate in a fiercely competitive environment for some time.feedback

Sep 25 2016

With firms voicing strong concerns about the impact of Brexit, especially the risks to the wider economy in the years ahead, the government must allay their unease with clear plans for negotiations to leave the EU.feedback

Sep 04 2016

While it's still early days following the EU vote, the economy is continuing to grow at a steady pace, despite mixed performances across different sectors.feedback

Jul 27 2016

While conditions in the retail sector have weakened, we should be careful about reading too much too soon, as consumers were likely to err on the side of caution in the immediate period following a vote to leave the EU.feedback

Jul 27 2016

What businesses and consumers need now is calm and decisive leadership, a clear timetable and a plan for negotiating the UK's future outside the EU.feedback

May 25 2016

Companies are sounding the warning bell as they get to grips with increasing uncertainty.feedback

Apr 27 2016

Cold weather put a chill in sales of spring and summer ranges with a reported dip in retail sales in the year to April, but with the near-term outlook for household spending holding up the sector expects a modest rise in sales next month.feedback

Apr 25 2016

Manufacturing has yet to pick-up after a flat start to the year, with falling orders providing little impetus for production.feedback

Mar 24 2016

It's encouraging to see that sales are holding up and expectations have picked up further.feedback

Feb 24 2016

Overall, conditions remain challenging for retailers. Although sales have continued to grow and optimism has risen, expectations for sales growth are lacklustre and retailers are still wary of investing.feedback

Feb 22 2016

Despite the turbulence in emerging markets, economies such as China still represent a huge opportunity for British industry.feedback

Oct 26 2015

But now they're also facing pressure back home as domestic demand is easing. While on balance firms expect orders to stabilise next quarter, it's disappointing that firms are having to scale back their investment in innovation.feedback

Oct 26 2015

Manufacturers have been struggling with weak export demand for several months, because of the strength of the pound and subdued global growth.feedback

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