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Retail sales volumes were judged to be below seasonal norms in June, to the greatest extent in over two years, according to the latest CBI Distributive Trades Survey. July’s sales are expected to continue to disappoint for the time of year.
Total distribution sales volumes (including retail, wholesale, and motor trades) declined in the year to June at a similarly firm pace to last month. Sales are set to contract at a faster rate next month.
For a more detailed look at the June Distributive Trades Survey and @SartoriusMartin's view of the results, check out our press release 👇
https://t.co/fHF8uPXwU1
Business is clear: stability, leadership and a relentless focus on growth. As @RainNewtonSmith told @BBCWorldatOne, the UK needs bold decisions on investment, jobs and global partnerships to raise living standards. Time to back business and deliver. Listen here 👇
What happens next for business?
Join CBI experts this Wednesday for an exclusive member-only webinar exploring what the latest political developments mean for policymaking, political influence and business engagement.
📅 24 June, 9:15-10:00
🔗 https://t.co/7N0HhMeLyN
🗣️ “The rest of the world won’t stand still as we go through this transition.” CBI CEO @RainNewtonSmith thanks Sir Keir Starmer for his service and urges his successor to prioritise growth, stability, and key decisions – from defence to EU trade. No time to wait. Listen here 👇
Sir Keir Starmer worked tirelessly to champion UK business at home and abroad. His successor must hit the ground running with a credible plan for stability, confidence and growth. Read our full response to the PM's resignation here 👇https://t.co/WtZNB2dmuA
The UK cannot afford a summer of speculation and drift. Business needs stability and delivery from government. Political uncertainty hits confidence, investment and jobs.
Statement from our CEO @RainNewtonSmith 👇
https://t.co/BbIUYiqH32
#MakerfieldByElection
UK GDP rose by 0.7% in the three months to April, accelerating for the fifth consecutive rolling-quarter. This leaves GDP 1.1% higher than in April 2025. But the strong quarterly growth figure masks a fall in output in April.
🧑🎓Great to see this new report from @OfficialUoM on the role played by universities in delivering the UK’s growth ambitions – with expert analysis from @CBI_Economics
Find out how @CBI_Economics can help your business👉 https://t.co/BHeccL9zZL
❓ What role do universities really play in delivering the UK’s growth ambitions?
That’s what @OfficialUoM tasked us to explore, looking at how universities support business growth through innovation and collaboration.
Download the full report now 👉 https://t.co/wkqws6U5z9
📢New CBI UK economic forecast is out 📢
We expect GDP growth to slow from 1.4% in 2025 to 1.1% in 2026 and 0.9% in 2027, as the Iran conflict pushes up inflation and weighs on private sector demand.
What you need to know 🧵👇 (1/8)
The labour market is projected to continue cooling, in line with signals from payrolls and CBI survey data. Private sector employment will be held back by high labour costs and muted activity, and the unemployment rate is projected to peak at 5.5% in late 2026 / early 2027. (4/8)
The downgrades to GDP growth relative to our December forecast primarily reflect the impact of the Iran conflict. The main channel is higher energy prices for households and businesses, alongside increased costs for non-energy commodities and disruption to supply chains. (2/8)
Inflation is expected to rise towards 4% by late 2026, on the back of higher fuel pump prices and household energy bills. These costs also feed through to food, hospitality, and leisure prices. Inflation gradually slows over 2027 but remains above the BoE's 2% target. (3/8)
We expect that Bank Rate will stay at its current level of 3.75% through 2027, as the BoE's MPC balances the inflationary pressures from the Iran conflict against weak domestic activity and a loosening labour market. (7/8)
The latest CBI Economic Forecast 👇has downgraded growth to 1.1% in 2026 and 0.9% in 2027, citing higher energy costs, geopolitical tensions, and weaker business confidence. Inflation is expected to approach 4%, while investment and hiring remain subdued.
https://t.co/nfIuegmBrd
Last night was a great evening at #CBIDinner26 where hundreds of business leaders heard from Chief Secretary to the Prime Minister, @darrenpjones. Thanks to our strategic partner @LloydsBank for making the evening possible!
Our CEO @RainNewtonSmith spoke to business leaders and politicians at #CBIDinner26 this evening warning that rising business costs and a record tax burden are pushing firms towards a tipping point. Read her speech here 👉https://t.co/IfpYcm9hIU
Excitement is building at hashtag #CBIDinner26 in central London. Networking is in full swing, as guests look forward to hearing from Chief Secretary to the PM @darrenpjones, and to connect with business leaders from every nation, region and sector across the UK.
At this evening's #CBIDinner26 in central London, our CEO @RainNewtonSmith will warn that rising business costs and a record tax burden are pushing firms towards a tipping point – putting growth, jobs and investment at risk. Read what she has to say 👇https://t.co/UqKac8qrxx