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  • IoD – Bank’s caution unsurprising, but low rates storing up problems

    The Institute of Directors has re-iterated warnings about ultra-accommodative monetary policy, after the Bank of England’s Monetary Policy Committee voted unanimously to hold interest rates at their record low of 0.5%. The IoD said that while it is important that the Monetary Policy Committee remains “vigilant” about low inflation, the greater concern remains keeping the economy growing and addressing potential asset bubbles.

    04 February 2016 at 12:21

  • IoD – EU deal “better than expected”

    UK business leaders gave a qualified welcome to the draft agreement published today by Donald Tusk, President of the European Council, which includes measures to increase economic competitiveness, and protections for Britain from further political integration.

    02 February 2016 at 13:37

  • Employers alarmed by poor literacy and numeracy skills

    The IoD says that Employers were alarmed by research from the Organisation for Economic Co-operation and Development that ranked English teenagers amongst the worst in the developed world for literacy and numeracy.

    29 January 2016 at 10:16

  • GDP figures: “Unremarkable, but sustainable” growth

    The IoD has welcomed “sustainable” growth in the fourth quarter of the year, as official statistics released today showed GDP increased by 0.5% in October – December 2015.

    28 January 2016 at 10:16

  • IoD – Life-long learning is the solution to chronic skills shortages

    The Institute of Directors has responded to this year’s UKCES Employer Skills Survey which warned that employers are facing a huge challenge to fill vacancies, and said that the findings highlight the importance of life-long learning.

    28 January 2016 at 09:19

  • IoD backs level-playing field for apprenticeships and degrees

    The Institute of Directors has welcomed comments from the Education Secretary, Nicky Morgan, about the importance of careers advice and promoting apprenticeships in schools, but reiterated concerns about the new ‘apprenticeship levy’, which will act as an additional payroll tax for businesses.

    24 January 2016 at 14:00

  • Deficit shrinks, but beware “when the music stops”

    The Institute of Directors has said that although figures released today by the ONS show the deficit narrowed in December 2015, the government is too reliant on factors outside of its control, like a high employment rate, low interest rates and the Bank of England’s quantitative easing programme, to keep spending in check.

    22 January 2016 at 10:27

  • Businesses cannot bury heads in the sand over EU vote

    Responding to David Cameron’s speech today at the World Economic Forum in Davos, the Institute of Directors said that businesses of all sizes need to be considering the implications of the EU referendum at the most senior levels, whether or not they decide to say anything in public.

    21 January 2016 at 15:45

  • IoD – HBOS auditor inquiry “better late than never”

    The IoD has today welcomed the Financial Reporting Council's decision to instruct its Executive Counsel to look again at KPMG's audit of HBOS group but has urged the regulator to conduct the inquiry in a timely fashion.

    21 January 2016 at 11:19

  • IoD welcomes New Bank Start-up Unit

    The Institute of Directors has welcomed the creation of a ‘New Bank Start-up Unit’ to make it easier for challenger banks to enter the market, and re-iterated the importance training plays in the development of senior executives and non-executive directors.

    20 January 2016 at 14:27

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