HIRING FALLS TO 13 YEAR LOW

Hiring confidence among UK employers is at its lowest for 13 years in spite of signs of a summer rebound in output.

The April rise in employers national insurance, policy uncertainty and other cost pressures have pushed the indicator for employment to its weakest since 2012, according to the BDO Business Trends barometer. Business confidence also fell in June compared with May and was under-whelming the accounting firm found after polling 4,000 companies.

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FIRMS CONFIDENT OF SUCCESS

Businesses are confident their profits will improve over the coming year despite growing pessimism about the wider UK economy, a survey published today shows. An

MORE RETAILERS GO BUST

Retail insolvencies were 13.6 % higher in May, according to Coface, the credit insurer. The rise follows the increases to employer national insurance, the minimum

INSOLVENCIES RISE

The number of businesses becoming insolvent rose sharply last month as companies faced higher staff costs and continuing uncertainty over trading arrangements with the United

BIG RISE IN FIRMS ON BRINK

There has been a record rise in UK businesses in severe financial distress as companies find it almost impossible to navigate the challenges they face

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