It's been a year since we re-vamped our Financial Services Survey. What does the new data tell us about key trends in the sector over the past year? Read Charlotte Dendy's blog to find out👇

Come join our Economic Surveys and Data team!

'Slim pickings' for services industry as cost pressures grow and optimism slumps: bit.ly/3TwaN4T CBI Charlotte Dendy

Politics is falling apart somewhat. Let me set out why it matters. 1/8

🗣️ This panel encourages insight from organisations representing citizens, workers, business and academia, chaired by Second Permanent Secretary Sam Beckett We welcome Ashwin Kumar Manchester Metropolitan Uni, Morgan Wild CitizensAdvice, Afzal Rahman TUC Economics and Social Affairs & Charlotte Dendy CBI

The Bank of England raised rates today by 75bp (to 3.00%), the largest hike in over three decades

Do join me tomorrow when PwC UK's Isabelle Jenkins and CBI's Head of Economic Surveys & Data Charlotte Dendy discuss FS firm’s biggest concerns for the future but also the areas of optimism and opportunity. Click here to attend: bit.ly/3GS9tE5 #FinancialServices

Our Head of Economic Surveys Charlotte Dendy joined PwC's Isabelle Jenkins and Andrew Strange to discuss our Financial Services Survey and the broader FS and economic landscape. To listen to the full recording and find out more about the survey click here: tinyurl.com/jbvdfeaw

Against a background of higher interest rates, the cost of finance has risen as a key factor in limiting investment for services firms. It reached a record high in business and professional services and marked the highest percentage since November 2008 in consumer services

Fun fact: our October surveys (which form the Growth Indicator composite) closed on Friday 13th, and had 666 responses in total 😱 The results are pretty spooky too... 👇

Ahead of the Autumn Statement next week, over 200 companies have written to the Chancellor alongside us at the CBI and Make UK to make full capital expensing permanent. Read more in the press release as well as a full list of companies backing the call: cbi.org.uk/media-centre/a…

See our latest Service Sector Survey released today - costs growth has eased, while volumes, profitability and sentiment continue to fall and the cost of finance holds back investment in the sector #SSS

Our latest financial services survey is out, with a mixed picture on conditions in the sector: 🔴 Volumes decline for first time since 2020 🟡 Optimism and profitability stagnate 🟢 Positive hiring and investment intentions 🧵 of results 👇

Top week for CBI👇 📊CBI Economics responded to our Industrial trends survey + interest rate decision 🥳We welcomed PWC back into membership 🤝CBI Northern Ireland welcomed Stormont Assembly return 👋Rupert Soames started as @PresidentCBI 👥Rain Newton-Smith attended Labour biz conf

We’re thrilled to be ranked among the top three economic forecasters for 2023, as per the Sunday Times’/David Smith' annual ranking. Big thanks to our economics team for all their hard work, and their salient judgements during challenging economic times!

Couldn’t be prouder of our CBI Economics team 💙

Our latest services survey reported activity diverging between sub-sectors in the 3m to Feb. Specifically, business & professional services volumes grew for the first time since last June, while consumer services volumes declined again at a fast pace

This morning's monthly GDP figures offer some encouragement. With growth slightly stronger than expected and a recent upturn in some business surveys, there are signs the economy may be turning a corner. Read more cbi.org.uk/media-centre/a…

Strong set of activity and hiring data from our latest quarterly financial services survey: 🟢 Business volumes growth rebounded 🟢 Optimism increased at a fast pace 🟢 Hiring intentions remain strong

The CBI has partnered with @lsenews to gain insight into technology adoption since 2020. This survey closes at 5 pm today. Share your views to help us understand how businesses are adopting new digital technologies. surveymonkey.com/r/W7M8Y38 #Tech #AI #netzero