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UK housebuilding
Steep falls in housebuilding drive contraction in UK construction
...Tim Moore, of S&P Global, said the survey’s results showed the impact of “elevated borrowing costs and a wait-and-see approach to new projects”....
November 6, 2023
Construction sector
UK construction activity contracts for third month in a row
...The S&P Global/Cips UK construction purchasing managers’ index fell marginally to 45.5 in November from 45.6 the previous month....
December 6, 2023
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
UK economy
UK business activity rises faster than expected in December
...John Glen, Cips chief economist, said: “A revival in the services economy is helping the UK’s private sector end the year on a more positive note....
December 15, 2023
UK housebuilding
UK housebuilding activity falls sharply in July
...Glen said there was “a question mark over the sustainability of this growth and the challenges that lie beneath the floorboards”....
August 4, 2023
Live news updates from June 6: SEC sues Coinbase, PGA Tour and Saudi-backed LIV Golf agree to merge
UK construction activity rises despite steep fall in housebuilding
...John Glen, chief economist at the Chartered Institute of Procurement & Supply (Cips), said the steep drop in house building “will send a chill down the spine of the UK economy”....
June 6, 2023
UK economy
UK economic activity slows as rising interest rates hit spending
...Chris Williamson, chief business economist at S&P Global Market Intelligence, which publishes the index with the Chartered Institute for Procurement and Supply (Cips), said the data showed the UK economy...
July 24, 2023
FT Live
The Global Boardroom: 8th Edition
FT journalists in conversation with leaders in business and government
Wednesday, 4 DecemberDigital Conference
Live news updates from February 6: Quake hits Turkey and Syria, Rothschild family plans bank buyout
UK construction activity falls to lowest level since 2020
...“The wrecking ball of higher inflation and interest rates has knocked the UK’s residential building output,” said John Glen, chief economist at the Chartered Institute of Procurement & Supply....
February 6, 2023
Construction sector
UK construction hits highest growth rate in 9 months
...The data “paints a bright picture of progress in the construction sector with a robust jump in output last month”, said John Glen, Cips chief economist....
March 6, 2023
Live news updates from January 3: Bankman-Fried pleads not guilty, McCarthy loses three Speaker votes
Contracting UK manufacturing reinforces recession fears
...As business expectations remained at historically low levels, the overarching concerns remain that there was “little power in the UK economy’s engine of growth for 2023”, John Glen, chief economist at the...
January 3, 2023
UK business
British business enjoys surprise rebound after six-month decline
...“The sun broke through in February after six months of gloom with a swift and significant jump in output for private sector business,” said John Glen, Cips chief economist....
February 21, 2023
Live news updates from November 4: US adds 261,00 jobs, Musk to begin Twitter lay-offs
UK builders report first fall in new orders since May 2020
...Optimism from builders about the year ahead was at its lowest level since May 2020, said John Glen, chief economist at the Chartered Institute of Procurement & Supply....
November 4, 2022
UK economy
UK business confidence hits two-year low as recession fears mount
...“Optimism among private sector firms was the best for eight months signalling the downturn may not be as long and protracted as feared,” said John Glen, Cips chief economist....
January 24, 2023
Live news updates from September 6: Truss pledges to ‘transform’ UK, IAEA requests Zaporizhzhia safe zone
UK construction slows as prices weigh on demand
...The S&P Global/Cips UK construction purchasing managers’ index — which measures month-on-month changes in activity in the sector — was at 49.2 in August, marginally above the 48.9 in July, but below the...
September 6, 2022
UK business
UK economic activity shrinks as recession fears mount
...John Glen, Cips chief economist, said: “The Covid veil, now almost completely lifted, has revealed the challenges still faced by exporters struggling with customs and paperwork challenges and other Brexit...
November 23, 2022
Live news updates from October 6: Lukashenko bans price rises, Biden pardons pot convictions
UK construction recovers but expectations worsen
...John Glen, chief economist at the Chartered Institute of Procurement & Supply, said that though the headline index showed growth after two months of contraction, “the devil lies in the detail pointing to...
October 6, 2022
FT Live
Future of Asset Management North America
New models for the next age of fund management
Wednesday, 25 SeptemberNew York, NY, USA
UK economy
UK construction falls in August as high prices weigh on demand
...The S&P Global/Cips UK construction purchasing managers’ index — which measures month-on-month changes in activity in the sector — was at 49.2 in August, marginally above the 48.9 in July, but below the...
September 6, 2022
UK economy
UK economy has fallen into recession, survey suggests
...John Glen, Cips chief economist, said that “concerns over rising energy and food bills affected consumer appetite for pubs and restaurants and demand was scaled back”....
October 24, 2022
Live news updates from August 23: Euro hits 20-year low, Macy’s and Nordstrom trim guidance
UK private activity slows more than expected as manufacturing shrinks
...“There are many concerns keeping private sector business owners awake at night,” said John Glen, Cips chief economist, such as supply chain snarl-ups, inflation, interest rates and port disruptions....
August 23, 2022
Hedge funds
US hedge funds Melvin and Light Street extend losses
...The S&P 500 index of US stocks rose 0.6 per cent last month and is up almost 12 per cent in the first five months of the year....
June 10, 2021
FirstFT
FirstFT: US military rushes to identify downed object
...Contracts tracking Wall Street’s blue-chip S&P 500 and those tracking the tech-heavy Nasdaq 100 were flat ahead of the New York open....
February 13, 2023
UK economy
Drop in UK consumer spending dents business activity in August
...The S&P Global/Cips UK purchasing manager index for manufacturing and services dropped to 49.6 in August from 52.1 in July and below a flash reading of 50.9....
September 5, 2022
UK business
UK economic activity hit as weak demand and labour shortages bite
...The S&P/Cips global flash UK composite purchasing managers’ index, a measure of private sector activity, dropped to 50.9 in August from 52.1 last month....
August 23, 2022
Disrupted Times
Businesses across Europe begin to buckle
...Business activity in the eurozone shrank for the fifth consecutive month in November, according to the closely watched purchasing managers’ index from S&P Global, recording a score of 47.8, where 50 marks...
November 23, 2022
Jonathan Wheatley
Can India become the new emerging markets powerhouse?
...While stocks are a long way down — with the S&P 500 off 17 per cent year-to-date — there are plenty of investors who think they may have further to fall....
September 9, 2022
Hedge funds
Investors grow frustrated with hedge funds after historic losses
...Fellow cub Glen Kacher’s Light Street was down more than 40 per cent....
August 3, 2022

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