Rain Newton-Smith - Confederation of British Industry

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Last quote by Rain Newton-Smith

The summer sun has come out early for Britain's manufacturers. Robust demand at both home and abroad is reflected in strong order books, and output is picking up.feedback
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May 19 2017
Find all of Rain Newton-Smith’s quotes that have been published in 19 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, “The summer sun has come out early for Britain's manufacturers. Robust demand at both home and abroad is reflected in strong order books, and output is picking up the pace.”.
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Rain Newton-Smith quotes

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

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

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

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

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

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

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

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

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

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

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

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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