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RMIReport1People/political parties

  • Chancellor George Osborne continues his visit to Berlin where he will speak at the German Federation of Industryand meets with German Federal Minister Sigmar Gabriel
  • Education Secretary Nicky Morganspeaks at a Policy Exchange event in London on educational excellence and makes announcements on the primary assessment of the English Baccalaureate and teaching in struggling areas (12:00pm)
  • Financial Secretary to the Treasury David Gaukedelivers the keynote speech at the Association of British Insurers biennial conference in London
  • Welsh Deputy Minister for Skills and Technology Julie Jamesspeaks at the Welsh Employability and Skills Convention in Cardiff (10:15am)

Reports and statistics

Title: Weekly road fuel prices

Department: DECC

Full data set:

Title: MS14/6.2: Credit Card Market Study: Interim Report (November 2015)

Department: Financial Conduct Authority


The FCA is carrying out a market study on the credit card sector, one of the largest consumer credit markets we regulate. They have published our interim findings which found that in most of the market, competition is working fairly well for consumers.

Full doc:

BCC: Slump in export growth and confidence dominates Q3 trade outlook

A report from the British Chambers of Commerce and DHL reveals a drop in both export growth and confidence among UK exporters.

As businesses across Britain gather in London to discuss opportunities for export growth, a report from the British Chambers of Commerce (BCC) and DHL reveals a drop in both export growth and confidence among UK exporters.

Export sales (+7) and orders (+3) balances have fallen to their lowest levels in over six years, according to the latest Quarterly International Trade Outlook.

While export orders have remained constant for just over half (54%) of UK businesses, and 50% report that export sales have remained the same as in the previous quarter, both have fallen to their lowest level since Q2 2009.

The latest quarterly report coincides with the BCC International Trade Conference in London today (Tuesday), which focuses on providing UK businesses with practical support and guidance to identify and break into high-growth markets overseas.

The report also finds that confidence in expectations over turnover and profitability have worsened, with 13% reporting that they expect a fall in turnover (from 7% in Q2), and 16% expecting a fall in profits (from 11%).

The key findings from the report are:

  • The Trade Confidence Index, a measure of the volume of trade documentation issued nationally and business’ confidence, fell by 4.6% on Q2 2015, and by 1.2% on Q3 2014 – the index now stands at 115.53
  • Scotland was the only part of the UK to see an increase in quarter-on-quarter trade performance (+2.2%) – the biggest declines were in Wales (-13.3%), London (-7.8%), and Northern Ireland (-7.4%).
  • The export sales (+7) and orders balances (+3) have fallen to their lowest levels since Q2 2009, in part due to economic uncertainty around emerging markets and ongoing problems in the Eurozone.
  • The number of businesses operating at full capacity rose from 34% in Q2 to 39% in Q3
  • 50% of businesses report export sales have remained constant, 21% report a decrease (up from 15% in Q2).
  • 54% of businesses report export orders have remained constant, 22% report a decrease (up from 17% in Q2).
  • 13% of exporters say that they have seen a decrease in investment in plant and machinery during the previous quarter.

More details:



Posted by Leana Kell on 06/11/2015