CBI: More investment needed

Matthew Wilcox our consultant managing the role

According to the Confederation of British Industry (CBI), the recovery of the British economy is picking up some short-term momentum and power but concerns remain over a lack of commerce and investment activity.

The organisation has raised its growth forecasts for 2013 and 2014, predicting GDP expansion of 1.2 per cent over the rest of the year compared to its suggestion of one per cent made in May.

Things are to improve even more in 2014, with growth of 2.3 per cent predicted as business investment and personal spending increases, giving the ailing economy a much-needed shot in the arm.

However, changes will need to be seen in the coming years if the UK is to fulfil its potential, with the CBI arguing that the corporate and investment sector will be crucial - something that will appeal to financial services professionals looking for jobs in the area, which has endured a difficult few years.

"We need to see a full-blown rebalancing of our economy, with stronger business investment and trade before we can call a sustainable recovery. We hope that will begin to emerge next year, as the Eurozone starts growing again," said CBI director-general John Cridland.

He urged the government to get behind UK businesses and support them in launching new products or services in emergent markets to drive domestic growth and keep the British brand as a business hub strong.

"The economy has started to gain momentum and confidence is picking up, but it’s still early days," he concluded.

Business investment and exports are expected to strengthen as the global economy improves and the Eurozone returns to growth, offering further trading and finance opportunities to UK firms.

CBI director of economics Stephen Gifford warned there are still structural problems to be worked out in many countries around the globe, with emergent markets likely to experience some slow-down as they adapt to their new economic conditions and risks still prevalent in the financial world.

 

11/04/16
posts

Related articles

What's the latest on recruiting senior finance and accounting professionals?
What's the latest on recruiting senior finance and accounting professionals?

Teaser

Finance & Accounting

Content Type

General

25/04/24

Summary

Over the years, we have developed a strong reputation as a leading Senior Finance and Executive Search firm. We’re proud to have well-established teams of finance and accounting recruitment cons

Teaser

Our employment update for senior accounting and finance professionals.

Read full article
Neil Burton

by

Neil Burton

Neil Burton

by

Neil Burton

How technology is impacting the future of risk and compliance jobs
How technology is impacting the future of risk and compliance jobs

Teaser

Governance

Content Type

Fintech

18/04/24

Summary

The role of risk and compliance in financial services  As a sizeable, growing portion of the financial services sector, risk and compliance play a vital role in ensuring that firms conduct busine

Teaser

With no signs of slowing down, strong risk and compliance is now more important than ever.

Read full article
David Clamp

by

David Clamp

David Clamp

by

David Clamp

What does the future hold for private equity?
What does the future hold for private equity?

Teaser

Executive Search

Content Type

General

18/04/24

Summary

Private equity (PE) is a growing industry that has always attracted ambitious top talent due to its high risk/high gain capital investment. Pre-covid, we saw the global private equity industry b

Teaser

Learn about emerging private equity job opportunities and more.

Read full article
Tracey Alper

by

Tracey Alper

Tracey Alper

by

Tracey Alper

jobs

Related jobs

Fund Controller - Renewables (6m Contract)

Salary:

+ pension & benefits

Location:

City of London, London

Industry

Investment Management

Qualification

Fully qualified

Market

Financial Services

Salary

£80,000 - £100,000

Job Discipline

Newly Qualified Finance

Contract Type:

Contract

Description

Fund Controller - Renewables - 6m Fixed Term Contract

Reference

BBBH180368

Expiry Date

01/01/01

Paul Roche

Author

Paul Roche
Paul Roche

Author

Paul Roche
Find out more
Fund Controller - Private Credit Funds

Salary:

£65,000 - £75,000 per annum

Location:

London

Industry

Private Equity

Qualification

Fully qualified

Market

Financial Services

Salary

£70,000 - £80,000

Job Discipline

Qualified Finance

Contract Type:

Permanent

Description

Fund Controller - Private Credit An excellent opportunity has arisen within a big player in the private credit sector who looking to hire a Fund Controller.

Reference

BBBH179469

Expiry Date

01/01/01

Paul Roche

Author

Paul Roche
Paul Roche

Author

Paul Roche
Find out more
Corporate Tax Accountant (4 month contract)

Salary:

Up to £400 per day

Location:

London

Industry

Investment Banking & Capital Markets

Qualification

Fully qualified

Market

Financial Services

Salary

£350 - £450

Job Discipline

Tax

Contract Type:

Contract

Description

Corporate Tax Accountant (4-6 month contract)

Reference

BBBH178574

Expiry Date

01/01/01

Paul Roche

Author

Paul Roche
Paul Roche

Author

Paul Roche
Find out more
Regulatory Reporting Accountant - Banking (Contract)

Salary:

£375 - £450 per day

Location:

London

Industry

Investment Banking & Capital Markets

Qualification

Fully qualified

Market

Financial Services

Salary

£350 - £450

Job Discipline

Qualified Finance

Contract Type:

Contract

Description

An international corporate bank is currently seeking a regulatory reporting accountant to join their finance team on a contract basis.

Reference

BBBH180315

Expiry Date

01/01/01

Paul Roche

Author

Paul Roche
Paul Roche

Author

Paul Roche
Find out more
Deputy Finance Director

Salary:

£80,000 - £88,000 per annum + £7,000 Car Allowance + Benefits

Location:

Wilmslow, Cheshire

Industry

Technology

Qualification

Fully qualified

Market

Commerce & Industry

Salary

£80,000 - £100,000

Job Discipline

Qualified Finance

Contract Type:

Permanent

Description

Deputy Finance Director role working for an international technology business based just outside Wilmslow paying around £85,000 with car allowance.

Reference

BBBH179742

Expiry Date

01/01/01

Nathan  Jones

Author

Nathan Jones
Find out more
Group Reporting Manager

Salary:

£65,000 - £73,000 per annum + Excellent Benefits Package

Location:

Manchester, Greater Manchester

Industry

Consumer & Retail

Qualification

Fully qualified

Market

Commerce & Industry

Salary

£70,000 - £80,000

Job Discipline

Qualified Finance

Contract Type:

Permanent

Description

Group Finance Manager role paying circa £70,000 based in Manchester city centre for a listed organisation offering a hybrid working model.

Reference

BBBH180230

Expiry Date

01/01/01

Nathan  Jones

Author

Nathan Jones
Find out more
View all jobs