How’s Rachael from accounts getting on…..

[crystal ball]

more facts:

The S&P Global UK Manufacturing PMI fell to 46.4 in February 2025 from 48.3 in January, missing market expectations of 48.4, a preliminary estimate showed. It marked the sector’s sharpest contraction since December 2023, as output declined for the fourth consecutive month at an accelerating pace, with sales weakening in both domestic and overseas markets. Additionally, employment levels and unfinished business saw significant declines. On the pricing front, input cost inflation picked up due to rising raw material and energy costs, while factory gate prices posted their steepest increase since April 2023.

United Kingdom Manufacturing PMI

Manufacturing PMI in the United Kingdom increased to 49.70 points in October from 46.20 points in September of 2025. This page provides the latest reported value for - United Kingdom Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term...

tradingeconomics.com

costs up, orders down - happening everywhere.

Everywhere???

 

[crystal ball]

I have meeting on Monday with the owners of a manufacturing facility to look at new machinery and expansion to fulfil orders, must be nowhere

 

[motorbiking]

Good - I hope they place an order to keep people in jobs paying taxes. We need more like these 2 firms to make up for the 650 who where surveyed and are less optimistic.

You will of course be aware that March is key capital spending month for many firms who want to get capital allowances on the books before the fiscal end.

 

[crystal ball]

Good - I hope they place an order to keep people in jobs paying taxes. We need more like these 2 firms to make up for the 650 who where surveyed and are less optimistic.

You will of course be aware that March is key capital spending month for many firms who want to get capital allowances on the books before the fiscal end.

Theres plenty more than these two, although I have dropped them from my client list

 

[Notch7]

more facts:

The S&P Global UK Manufacturing PMI fell to 46.4 in February 2025 from 48.3 in January, missing market expectations of 48.4, a preliminary estimate showed. It marked the sector’s sharpest contraction since December 2023, as output declined for the fourth consecutive month at an accelerating pace, with sales weakening in both domestic and overseas markets. Additionally, employment levels and unfinished business saw significant declines. On the pricing front, input cost inflation picked up due to rising raw material and energy costs, while factory gate prices posted their steepest increase since April 2023.

United Kingdom Manufacturing PMI

Manufacturing PMI in the United Kingdom increased to 49.70 points in October from 46.20 points in September of 2025. This page provides the latest reported value for - United Kingdom Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term...

tradingeconomics.com

costs up, orders down - happening everywhere.

thats what happens when you have to deal with the last lot who salted the earth before leaving

 

[motorbiking]

thats what happens when you have to deal with the last lot who salted the earth before leaving

14 years of blah, blah... yeah we get it.

 

[noseall]

14 years of blah, blah... yeah we get it.

Finally!

Only took you 17 pages this time.

 

[fillyboy]

MSN

www.msn.com

Chancellor Rachel Reeves is accused of "maxing out" Britain's credit card with the latest figures showing Britain has borrowed nearly £13billion more than expected.

This comes as companies are slashing jobs at the fastest rate in more than four years, with bosses blaming the Chancellor's Budget.

Public sector borrowing was £12.8bn more than the Office for Budget Responsibility forecast for the 10 months to January. This has raised fears Ms Reeves will be forced to announce tax hikes or spending cuts next month.

Shadow Chancellor Mel Stride warned that under Labour the country is stuck in a "vicious cycle of higher debt, rising inflation, and increasing taxes".

The grim figures came as shopkeepers issued an emergency warning of higher prices if they are hit with a £7billion hike in costs as a result of Ms Reeves's Budget and new red tape.

Mr Stride warned that "millions are paying the price of this economic mismanagement".

He said: "The latest borrowing figures expose the true cost of Labour's reckless economic policies. Instead of reining in spending, the Labour Chancellor has piled billions onto the national debt by maxing out the national credit card."

 

[motorbiking]

MSN

www.msn.com

Chancellor Rachel Reeves is accused of "maxing out" Britain's credit card with the latest figures showing Britain has borrowed nearly £13billion more than expected.

This comes as companies are slashing jobs at the fastest rate in more than four years, with bosses blaming the Chancellor's Budget.

Public sector borrowing was £12.8bn more than the Office for Budget Responsibility forecast for the 10 months to January. This has raised fears Ms Reeves will be forced to announce tax hikes or spending cuts next month.

Shadow Chancellor Mel Stride warned that under Labour the country is stuck in a "vicious cycle of higher debt, rising inflation, and increasing taxes".

The grim figures came as shopkeepers issued an emergency warning of higher prices if they are hit with a £7billion hike in costs as a result of Ms Reeves's Budget and new red tape.

Mr Stride warned that "millions are paying the price of this economic mismanagement".

He said: "The latest borrowing figures expose the true cost of Labour's reckless economic policies. Instead of reining in spending, the Labour Chancellor has piled billions onto the national debt by maxing out the national credit card."

party for growth, party for business.

 

[Notch7]

Bloomberg:

UK’s Much-Feared Wave of Job Cuts Is Failing to Materialize

• Hard evidence of post-budget labor cuts is proving elusive
• Experience of labor shortages may be prompting firms to hoard

https://www.bloomberg.com/news/articles/2025-02-16/uk-s-much-feared-wave-of-job-cuts-is-failing-to-materialize?embedded-checkout=true

 

[Notch7]

If you tax businesses more and they shrink what do you think happens to tax receipts?
If you tax Employment so that business have to lay people off, who do you think pays their income tax?

Perhaps we need to look at what the NHS does and who it does it for. Last week I met three people, from Egypt, Brazil and India. They had come to the UK on student visa and decided to move their parents wives/husbands, children etc to the UK. Why - free healthcare and free education. One has had a gastric band for her obesity - free, the other has his dad's smoking related lung condition meds fully funded. Hardly a penny paid into the system. Thousands and thousands of benefit, taken out.

I want businesses to be taxed less so that more global companies come to the UK - result more tax revenue.
I want people incentivised to have private medical, education etc. to go to the gym, live healthy lives - result less demand
I want people who come to the UK on visas to be required to have long term health insurance and pay contribution to the public services they consume - day 1.

oh dear thats a lot of deflection, its like you cant answer:

"I note you haven’t said where you think the extra money should come from that is needed to bolster the public services destroyed by Tories"

come on Motorbiking, wheres the money coming from?

 

[Notch7]

party for growth, party for business.

yup seems that way

Friday 21 Feb 2025

UK hiring on the rise as confidence lifts, research suggests​

Companies increase hiring for first time since June, and households more optimistic about their finances

Companies have ramped up hiring in recent weeks while consumer confidence has started to rise, research suggests, in a boost for Rachel Reeves as the government looks for signs of economic growth.

The chancellor has received a fillip after the market research company GfK’s consumer index improved from -22 in January to -20 in February as households said they were more optimistic about their personal finances and the economic outlook.


A separate survey of employers by the Recruitment and Employment Confederation (REC) found that companies had increased hiring in January for the first time since last June.

UK hiring on the rise as confidence lifts, research suggests

Companies increase hiring for first time since June, and households more optimistic about their finances

www.theguardian.com

 

[Notch7]

One small specialist manufacturing business spending a few quid on kit is the exception.

it seems its not the only business

poor Motorbiking is behind the curve

The REC, a lobby group for recruiters, said its survey of businesses found that the number of job postings in January was 1,516,535 – an increase of 7.2% on the previous month.

Marking the first rise in job postings since June 2024, the REC said every region in the UK benefited, with the largest increase in the East Midlands (11.7%) and the smallest in London (3.4%).

More encouraging for the government, the number of new job postings was 738,040, up 34.4% on a sluggish reading in December and better than the 27.9% increase in January 2024.

 

[noseall]

poor Motorbiking is behind the curve

Lol, the bloke is a liability. Look at what horse he backs - then run a mile and pick any of the others.

 

[Mottie]

yup seems that way

Friday 21 Feb 2025

UK hiring on the rise as confidence lifts, research suggests​

Companies increase hiring for first time since June, and households more optimistic about their finances

Companies have ramped up hiring in recent weeks while consumer confidence has started to rise, research suggests, in a boost for Rachel Reeves as the government looks for signs of economic growth.

The chancellor has received a fillip after the market research company GfK’s consumer index improved from -22 in January to -20 in February as households said they were more optimistic about their personal finances and the economic outlook.


A separate survey of employers by the Recruitment and Employment Confederation (REC) found that companies had increased hiring in January for the first time since last June.

UK hiring on the rise as confidence lifts, research suggests

Companies increase hiring for first time since June, and households more optimistic about their finances

www.theguardian.com

A survey saying hiring has increased you say? Who by? Oh, these people: "The REC, a lobby group for recruiters".