London shoring up the economy

According to new research, the UK economy has become increasingly reliant on the taxes paid by Londoners over the past 10 years, with the capital generating around 30 per cent of the whole of the UK’s tax revenue in 2014-15, a rise of 5 per cent on the previous decade. In fact, since 2004, London has accounted for 43 per cent of the ‘economy tax’ generated in UK cities. Read more

A royal exchange

On 23rd June, our nation has the opportunity to vote to decide our country’s future for at least the next generation. Milsted Langdon’s polls of business people, conducted online and through a number of meetings and dinners, have indicated strong support for remaining in the European Union. The arguments around our economic future have mostly been strongly supported. Read more

Exports growing

The UK posted its smallest trade deficit in seven months in April, with British firms’ exports jumping by 5.3 per cent to £44.9bn during the month, the fastest growth since February 2010, according to the latest figures from the Office for National Statistics (ONS). Read more

Manufacturing decline eases

According to a closely watched survey, the UK’s manufacturing sector edged into growth in May. The Markit/CIPS manufacturing Purchasing Managers’ Index (PMI), in which any figure over 50 denotes growth, rose to 50.1 from 49.4 in April, which had been the lowest reading since early 2013. Read more