EU membership benefits the Irish and British economies, but reform is needed to ensure the union is more open and stays globally competitive, write Danny McCoy and John Cridland

The UK is now on a “slow and steady” recovery path, business leaders have predicted, as they raise their growth forecasts for the next few years.

Britain's biggest banks have appointed former CBI business lobby group boss Richard Lambert to set up and lead a new independent body to raise standards in the industry.

The Confederation of British Industry (CBI) has lifted its forecast for economic growth in the UK for this year from 1% to 1.2% amid signs of a pick-up in business confidence.

The CBI's director-general today hit out at the British government over its failure to get "momentum and urgency" into plans to kickstart the UK's economic recovery.

UK bank shares rose sharply today amid signs that a far-reaching shake-up of the sector will be delayed until after the country's planned 2015 general election.

Darkening clouds over the UK economy mean the British government would be "barking mad" to press ahead with proposals to reform the banking industry, the director general of the CBI business lobby group said today.

BRITISH companies will hire enough workers to absorb the loss of about 310,000 jobs in the public sector, according to the Confederation of British Industry.

Breaking up Britain’s biggest banks would be a mistake and could hold the sector back from supporting economic growth, the CBI business group said today.

British Chancellor George Osborne will today set out what is expected be the toughest package of tax increases and spending cuts in a generation as he delivers his first Budget.

Retail sales in Britiain fell for the sixth time in a row this month but improved on August, a Confederation of British Industry (CBI) survey said today.

Last minute negotiations were being held tonight between European Government ministers and officials in a bid to head off a row over new employment rights for temporary and agency workers.

Nearly half of small and medium-sized British firms believe changes to capital gains tax (CGT) will have a negative impact on their business, a survey said today.

Up to 250,000 jobs could be hit if the British government agrees to give new rights to agency workers, the country’s biggest business group warned today.

The British government plans to give fathers up to six months paternity leave and a year off work for mothers will help tackle the UK’s long hours culture, campaigners said tonight.

Sick leave from British companies has risen for the first time in five years, says a report out today.