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Articles presse du GUARDIAN Oct Nov 2013 .pdf



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Articles parus dans le quotidien anglais d’opposition gouvernementale

“UK construction industry grows for fifth consecutive month”
(The Guardian - Mercredi 2 Octobre 2013)

En septembre, l'industrie de la construction de la Grande-Bretagne a
maintenu sa forte croissance pour le cinquième mois consécutif,
selon la CIPS / Markit (Indice des directeurs d'achat dans le secteur)
Les entreprises de construction ont terminé le troisième trimestre de 2013 avec "une forte
expansion des niveaux de production globale et une nouvelle amélioration de leurs carnets de
commandes".
Les carnets de commandes, plus élevés que prévu, ont également stimulé les chiffres de l'emploi
pour le quatrième mois consécutif. La création d'emplois a atteint le taux de croissance le plus
élevé depuis six ans.

“UK construction output highest since September 2007”
(The Guardian – Lundi 4 Novembre 2013)

Le nombre de chantiers de construction est le plus élevé depuis 2007
Construction companies hire workers at the fastest pace for six years amid rising confidence in property
market and brighter economic outlook
British construction companies have enjoyed their fastest pick-up in business since before the financial
crisis, boosting hopes the UK's economic recovery will continue over coming months.
Housebuilding was the biggest driver as the property market continues to pick up but civil engineering
and commercial projects also enjoyed a boost in October, lifting a closely watched activity index for the
sector to a six-year high.
The Markit/CIPS UK Construction PMI output measure came in at 59.4, up from 58.9 in September and
above the 50-mark separating growth from contraction for the sixth straight month. It was the highest
reading since September 2007 and well ahead of the forecast of 58.9 in a Reuters poll of economists.
A bright UK economic outlook helped boost output and client spending, construction companies said in
the survey. They took on workers at the fastest pace for six years as a majority expected output to
continue rising over the year ahead.
Tim Moore, senior economist at survey compilers Markit said: "UK construction output continues to rise
like a phoenix from the ashes, with housing, commercial and civil engineering activity all seeing strong
rates of expansion at the start of the fourth quarter."
The upbeat survey follows a similar report on the manufacturing sector last week. Following on from
official data showing the UK economy picked up steam to grow at a quarterly 0.8% in the third quarter,
the reports are likely to boost hopes that the fourth quarter can keep up that pace.
Construction at least, should be helped by the pick-up in housing market activity against the backdrop of
the government's Help to Buy scheme to support new buyers, say economists.
David Tinsley, economist at BNP Paribas commented: "The first print of third quarter GDP showed a 2.5%
rise in construction output. With the housing market in an upswing phase and the strength of the
construction PMI continuing into fourth quarter, the sector should be able to make at least a similarsized gain in activity again."
But many economists continue to doubt the robustness of the overall recovery given the strains on the
all-important consumer sector from mounting household bills and lacklustre pay growth.
Markit's survey on the much bigger services sector due out tomorrow will provide more insight to the
wider health of the economy.
"While evidence that the construction sector is continuing to gain momentum is good news for overall
growth prospects, it needs to be remembered that the sector only accounts for 6.3% of national output,"
said Howard Archer, economist at IHS Global Insight.
Thaddée SEGARD – 06 64 14 82 35 – thaddee.segard@frenchdeals.eu

"Nevertheless, the survey lifts hopes that the construction sector will help the economy to see further
decent GDP growth in the fourth quarter, even if it is likely to struggle to maintain the robust expansion
rates seen in the third (0.8% quarter-on-quarter) and second (0.7% quarter-on-quarter) quarters."

“Housing boom lures German builders to leave 'boring Bavaria' for London
German builders, carpenters, window makers, plumbers and electricians are being encouraged
to move to UK to exploit its housing boom
(The Guardian - Dimanche 1er Décembre 2013)

Le Boom immobilier Britannique attire les constructeurs allemands

Les constructeurs allemands, charpentiers, fabricants de fenêtres, plombiers et électriciens sont
encouragés à se rendre au Royaume-Uni pour exploiter son boom immobilier
Ewald Gilbert Denzler , responsable export pour le Bayern Handwerk International ( l' association
professionnelle de 853 000 Bavarois ) , a dit qu'il a décidé de tenir la conférence après la lecture
de l'énorme pénurie de logements en Grande-Bretagne et l' aider à s’orienter vers la construction
écologique promue sur place par le gouvernement pour stimuler la construction de logements
économes en énergie .
" Il ya quelque chose d’important qui se passe au Royaume-Uni ... et les constructeurs allemands
avec leur formation et leur expertise sont bien placés pour exploiter l'opportunité ", a déclaré
Denzler
Denzler ledit demandes des commerçants qui veulent entrer sur le marché britannique avaient plus
que doublé par rapport à il ya cinq ans, mais il n'y a pas de documents officiels du nombre de
travailleurs du bâtiment allemands ou les entreprises qui ont déménagé en Grande-Bretagne .
Les entreprises de construction allemandes sont particulièrement attirés par l'initiative ecologique
, que le gouvernement du Royaume-Uni décrit comme « le programme d' amélioration de l'habitat
le plus ambitieux depuis la seconde guerre mondiale " .

“UK manufacturing recovery in full swing as new orders boom”
(The Guardian – Lundi 2 Décembre 2013)

Au Royaume-Uni, l’activité manufacturière est en plein essor avec
un nouveau boom des commandes.
L’industrie manufacturière Britannique a enregistré un fort rebond de la demande qui a poussé la
croissance au rythme le plus élevé depuis plus de deux ans. Le secteur manufacturier a embauché
des milliers de nouveaux employés le mois dernier.
Les commandes ont atteint le niveau le plus élevé depuis près de 20 ans et la création d'emplois
s’accélère, selon l'enquête Markit / CIPS (selon une etude de UK Manufacturing PMI ). Encourageant
pour les efforts du gouvernement, les commandes à l'exportation ont également joué leur rôle.
L'indice d'activité global a atteint le chiffre de 58,4 en Novembre par rapport à 56,5 en Octobre .
C'était son huitième mois -dessus de la barre des 50 qui sépare l’expansion et la contraction
d’activité.
James Knightley , économiste chez ING Financial Markets a déclaré que le chômage baisse plus
rapidement que la Banque d'Angleterre l’avait prévu . L'enquête prévoit que le secteur
manufacturier va croître plus vite que l'économie en général l'année prochaine, 2,7 % l'an
prochain tandis que le PIB du Royaume-Uni augmentera de 2,4% .
PMI rose to 58.4 in November, with new orders at a near-20 year high and thousands of new staff taken
on last month
Manufacturers enjoyed a jump in demand that pushed growth to its fastest rate for more than two years
and saw the sector take on thousands of new staff last month.
New orders were the strongest for almost 20 years and job creation accelerated, according to the
Markit/CIPS UK Manufacturing PMI survey. Encouragingly for the government's push to rebalance the
economy, export orders also picked up.
Thaddée SEGARD – 06 64 14 82 35 – thaddee.segard@frenchdeals.eu

The closely watched report comes as a timely boost to Chancellor George Osborne as he prepares to
present his autumn statement plans for growth, spending and taxes on Thursday.
The headline activity index rose to 58.4 in November from an upwardly revised 56.5 in October. That was
its eighth month above the 50-mark that separates expansion from contraction and was well ahead of the
consensus forecast for 56 in a Reuters poll of economists.
The news sent the pound to a five-year high against a basket of other major currencies as traders bet an
accelerating UK recovery would see interest rates rising sooner than the central bank has been
suggesting.
Rob Dobson, senior economist at survey compilers Markit commented: "UK manufacturing continued to
hit the high notes in November. The Manufacturing PMI struck a fresh two-and-a-half year peak as
production and new orders rose at, or close to, 19-year record rates. The sector is on course to beat the
0.9% increase in output seen in the third quarter.
"Sustaining the recovery remains the key and the news here is also positive. The manufacturing
expansion remains broad-based by sector, demand from the domestic market continues to surge higher
and new export orders are rising at a clip close to October's 32-month high."
As activity and orders picked up, firms took on new staff at the fastest pace for more than two years.
Markit said manufacturers were creating around 5,000 jobs a month across all parts of the sector and all
sizes of firms.
James Knightley, economist at ING Financial Markets said the job creation pointed to unemployment
falling faster than the Bank of England is predicting. That could see interest rates rising sooner than the
central bank has suggested, he said. Policymakers are waiting for unemployment to drop to 7% before
they will consider raising borrowing costs from their current record low.
Kinghtley said the job creation suggested in manufacturing report "supports our view that the
unemployment rate will drop below 7% late 2014/early 2015". He also highlighted a robust production
reading and strong orders from the eurozone.
"Taking it all together it implies that the UK economy is looking in good shape with interest rate rises
looking increasingly probable from early 2015," he added.
The survey follows forecasts from manufacturers' organisation EEF that the sector will grow faster than
the wider economy next year. The group thinks the sector probably contracted by 0.1% this year but will
grow 2.7% next year while UK GDP rises 2.4%. The EEF's latest survey suggested firms are more confident
about investing and hiring staff over the next year but they feel the export outlook is still uncertain
thanks to problems in some emerging markets and sluggish growth in the key market, the eurozone.
Economists said the manufacturing report marked a strong start to the monthly trio of PMI surveys from
the three main sectors. Tuesday sees the release of the construction report while the closely watched
survey from Britain's dominant services sector on Wednesday is expected to show that strong growth
continued in November.
"If [the manufacturing PMI] is followed by robust construction and, especially services, surveys, it will
look very likely that GDP growth in the fourth quarter could at least match the 0.8% quarter-on-quarter
expansion seen in the third quarter," said Howard Archer, at IHS Global Insight.
"Much will depend on how well consumer spending performs in the fourth quarter, as there have been
some signs that consumers have taken a breather after spending at a robust pace in the third quarter."

“UK manufacturing sector to grow faster than economy next year”
(The Guardian – Lundi 2 Décembre 2013)

Le secteur de la production manufacturière va croître encore plus
rapidement que l'économie l'année prochaine
Le rapport de l'industrie prévoit une croissance de 2,7% comparativement à 2,4 % pour l'économie
Les commandes et la production sont en train d'augmenter et les usines du Royaume-Uni envisagent
une montée en puissance d'embauche et d'investissement
Thaddée SEGARD – 06 64 14 82 35 – thaddee.segard@frenchdeals.eu

" Toutefois, les incertitudes de l'économie mondiale demeurent et une reprise durable n'est pas
sécurisée.
Industry report gives buoyant forecast for UK manufacturing, predicting 2.7% growth compared with 2.4%
for economy
Manufacturing will grow faster than the overall UK economy next year but much-needed business from
overseas markets is looking shakier, according to an industry report published on Monday.
The buoyant forecast from UK manufacturers' organisation EEF marks a turnaround for a sector the
government has repeatedly championed as an engine for growth, but which has struggled to emerge from
recession.
News that orders and output are now rising and that UK factories plan to ramp up hiring and investment
will be welcomed by George Osborne as he prepares to outline his latest plans to boost the recovery in
his autumn statement this week.
But EEF's latest survey with accountants BDO showed exports were weaker than expected in recent
months on the back of slower growth from some emerging markets and sluggishness in the eurozone, the
UK's most important market.
EEF chief economist Lee Hopley said: "Over the course of the year we have seen a definite turnaround in
prospects for manufacturing and this looks set to continue into next year. This increased confidence is
evident in companies looking to increase their headcount and, most importantly for balanced growth,
step up their investment.
"However, uncertainties in the global economy remain and a sustained recovery is not secure. As a
result, growth must remain a priority for government over the remainder of this parliament, starting
with the autumn statement this week."
The group, which has 6,000 member companies, says the risk comes from an uncertain export outlook.
But it still thinks the sector will grow by 2.7% in 2014 compared with 2.4% for the economy overall. EEF
thinks that this year the manufacturing sector will have contracted 0.1% while the wider economy grows
1.4%.
While that still puts that manufacturing sector in recession this year, the prediction marks a significant
upgrade from the last estimate of a 0.5% decline. The group said that reflected a run of improving news.
Its own quarterly survey showed a majority of firms reporting growth in both output and orders, though
these measures slipped back from highs seen over the summer. Within the sector, the strongest results
came from motor vehicle and electronics companies.
A separate report on Monday echoes recent optimism about new jobs being created by the private
sector. Business lobby group the CBI says medium-sized businesses are helping to drive the recovery but
that the government must do more to help them access finance, find skilled workers and get support to
export.
Despite accounting for less than 2% of the private sector, medium-sized businesses have created jobs at
twice the pace of large companies, theCBI said. They added 185,000 jobs between March 2010 and March
2013, a rise of 4.1%, and now employ 16% of the UK's total workforce.
Medium-sized firms, classed as having 50-499 staff and a turnover of £10m-£100m, have also grown their
turnover by 7% – more than double that of smaller firms and large companies. They now contribute more
than £300bn to the economy, but the lobby group says government support could boost that significantly.
"This hugely positive picture is reflected up and down the country where medium-sized businesses are
major local employers, in many cases helping to offset public sector job losses during the downturn,"
said CBI director general John Cridland.
"With better access to a range of growth finance options, improved training and research support, and
help to break into new export markets – these firms could be worth an extra £20bn to our economy by
2020."

Thaddée SEGARD – 06 64 14 82 35 – thaddee.segard@frenchdeals.eu


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