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The Latest Breaking News from IoD

Blow for Reeves as business confidence at near record low after Budget

Labour chancellor under pressure to do more to improve the prospects for economic growth

The Independent UK

UK Business Confidence Plunges to Record Low as Labour and Energy Costs Bite

UK business confidence hits record low in September as labour and energy costs surge. IoD urges Reeves to deliver a growth-focused November budget.

International Business Times UK

UK business confidence plunges to lowest level on record

Data from the Institute of Directors (IoD) showed that firms said higher labour costs has been the biggest contributor to growing pessimism.

The Independent UK

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Erin Brockovich joins forces with Scottish university to launch leadership course

A SCOTTISH university has joined forces with activist Erin Brockovich as part of an exclusive course for business leaders

The National (Scotland)

UK Business Confidence Hits Lowest Point Since 2022 Amid Rising Costs and Trade Tensions

UK business confidence has fallen to its lowest level since 2022, driven by rising labour costs and escalating trade tensions

International Business Times UK

UK-EU deal hailed as milestone but is ‘just the beginning’, says industry

The new deal was widely welcomed across business sectors for helping cut red tape and reducing checks on food exports.

The Independent UK

Oil price lifted by US Houthi airstrikes and China economic hopes; Crispin Odey facing City ban and £1.8m fine – as it happened

Crude prices lifted by US-Houthi attacks, as City watchdog decides to fine Crispin Odey £1.8m and ban him from the UK financial services industry for ‘a lack of integrity’

The Guardian - UK

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UK business confidence at lowest level since pandemic after tax-raising budget

Institute of Directors says hit to private sector will undermine growth and public finances

The Guardian - UK

Rachel Reeves hands low-paid a £1,400 boost as minimum wage to rise by 6.7%

The chancellor will increase the measure, also known as the national living wage, from £11.44 per hour to £12.21 from April

The Independent UK

It’s zero hour: TUC to tell Labour it’s time to deliver workers’ new deal

There will be joy over Labour’s victory at the trades union congress this week – but also a determination to see that promises are kept

The Guardian - UK

Is Labour about to prune its plan to boost workers’ rights?

Fears grow party is poised for another U-turn akin to ditching of £28bn green pledge as business groups call for pragmatism

The Guardian - UK

CBI frozen out of meetings with other leading UK business lobby groups

Efforts to regain place at intersection of business and government after scandal hampered by refusals to engage

The Guardian - UK

Institute of Directors appoints new Scottish chair

Appointment from within has a business background across retail, technology, professional services and hospitality

Insider UK

‘A recipe for bad lawmaking’ — company bosses slam ‘Brexit bonfire’ bill as poll shows support for stability

Company bosses said they would prefer to retain the remaining EU laws rather than see them scrapped

Evening Standard

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The Guardian - UK

UK business confidence increases for fifth month in a row, survey shows

Institute of Directors index returns to levels last seen just before Russia’s invasion of Ukraine in 2022

Insider UK

Scottish SMEs have 'low confidence' in finding skills gap solutions

New Institute of Directors survey shows many are unaware of the government's fair work framework

The Independent UK

Business groups cheer Budget measures, but fears remain amid cost pressures

The Chancellor did not offer to extend current energy support and announced little to help the UK’s 5.5 million small firms, say groups.

The Guardian - UK

British voters are ready for a green, game-changing budget. What they’ll get is more austerity

Labour knows the UK needs a green recovery plan like Joe Biden’s, but the Tories have neither the courage nor will to follow suit, says the Guardian’s economics editor Larry Elliott

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Evening Standard

Business leaders call for UK version of Joe Biden’s Inflation Reduction Act

An Institute of Directors poll found the majority of members would support the proposal

Insider UK

Institute of Directors seeks new Scottish chair

As incumbent Aidan O'Carroll finishes his four year term, the organisation's director for Scotland is looking for new members

Insider UK

The IoD searches for Scotland's top directors

The ceremony will be held in person for the first time since 2019

Insider UK

Institute of Directors Scotland names new national director

New Scottish director appointed following the departure of Louise Macdonald in the spring

The Guardian - AU

Wet spring ahead: Australia braces for more rain as BoM declares negative Indian Ocean dipole

Meteorologist says it is the first time since reliable weather records began that negative IOD events have occurred in back-to-back years

The Guardian - UK

China lockdown worries hit stocks; Uber and Twitter shares fall; Wizz Air to cut more flights – as it happened

Shares hit as China try to quell resurgent Covid-19 outbreaks, while shares in Twitter drop after Musk tries to cancel takeover, and Uber is hit by leak

Birmingham Post

East Midlands jobs news: New CEO at Air IT and changes at RSM UK, Fisher German, IoD, Mather Jamie and more

The latest appointments and promotions from across the region

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