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EY | News | Economy

An overview of EY news in the UK:

Confidence amongst UK CEOs grows with majority looking to M&A now Business confidence amongst UK CEOs is growing, despite ongoing geopolitical and macroeconomic challenges.
20 February 2025
Arsenal provides £600 million economic boost to UK economy A new report undertaken by EY suggests that Arsenal Football Club contributed more than half-a-billion pounds to the UK economy over the last season alone.
24 January 2025
Generative AI to boost productivity in financial services Hype around generative AI and machine learning is continuing to buoy economic sentiment across Europe, with fewer than two-in-five financial services CEOs now expecting a severe downturn in the comin
07 November 2023
UK-listed profit warnings fall year-on-year for first time since 2021 Profit warnings issued by UK-listed companies has fallen year on year, for the first time since 2021.
03 November 2023
UK profit warnings continue to rise year-on-year Profit warnings from UK-listed companies are still rising year-on-year, and remain above average for fifth consecutive quarter.
26 April 2023
UK profit warnings spike amid surging costs The number of profit warnings issued by UK-listed companies in the first six months of 2022 has risen by 66% compared to the same period one year before.
20 July 2022
Global economic turbulence slows growth in Ireland With Brexit uncertainty having brought the UK economy to a stand-still, the neighbouring Republic of Ireland has seen its economic performance far outstripping Britain in recent years.
16 September 2019
First half of 2019 sees spurt in company profit warnings Sustained Brexit uncertainty is hitting the UK’s keystone industries hard, as delayed or discontinued have been shown to have hit the country’s chemical sector.
23 July 2019
Foreign direct investment to take hit from Brexit Even while the UK has continued to see growth in investment, core cities tend to be the favourite destination of money from overseas, due in part to strong talent and infrastructure offerings.
21 June 2019
These top consulting firms are shaping WEF's Davos agenda Every year, the second half of January sees the global economic and political elite descend en masse on a Swiss ski-resort.
23 January 2019
Retail bears brunt of sluggish first half of 2018 with 20 profit warnings The number of profit warnings by FTSE-listed retailers has doubled since the same period of 2017, while the UK economy as a whole has seen profit warnings hit a seven year high.
26 July 2018
Ireland set for net jobs growth of over 230,000 by 2022 After a decade of economic turbulence resulting from the global recession, Ireland’s employment rate has finally pushed past the figure of 2008.
19 July 2018
The consulting firms that are a World Economic Forum partner Every year, thousands of CEOs, high-profile academics, scientists and international politicians converge upon the Swiss Alps to discuss the state of the world’s economy.
24 January 2018
UK growth to remain slow thanks to low wages and debt The next three years are likely to see a period of relatively low growth, according to a new study.
12 December 2017
Foreign Direct Investment up in Europe but Brexit remains concern While Foreign Direct Investment has climbed to record highs across Europe, uncertainty over Brexit looks set to slow growth, a new study from EY has found.
24 May 2017
ESG increasingly important in global shift towards sustainable economy A new report finds that more focus on environmental, social and governance principles by investors can play a key role in speeding up the green transition.
13 April 2017
UK economic growth projected to rise slightly on competitive exports Growth of the UK economy will hit 1.3% in 2017, up from the previous forecast of 0.8%, according to EY. Economic growth is set to slow in 2018 however, falling to 1.1%.
07 February 2017
UK FDI attractiveness falters, European sentiment improves on stability The UK's attractiveness for foreign investors has, as expected, taken a hit following the decision to leave the EU. A new report finds that attractiveness has decreased by 34%.
06 February 2017
London's 24 hour economy could grow to £43 billion annually by 2029 London’s night-time economy got a boost with the opening of the Night Tube. The capital’s night economy has grown steadily in recent years, supporting 1.25 million jobs and £40 billion in total GVA.
25 August 2016
Volatility key economic concern for global executives in 2016 Volatility remains a key concern for global executives, a new report finds. Perceptions about the global economy remains stable, however.
02 May 2016
21 consulting firms contribute to World Economic Forum Yesterday the World Economic Forum (WEF) kicked off in Davos.
21 January 2016
London, Reading and Manchester top economic growth The UK’s economic forecast is relatively gloomy as various macro-economic factors see consumer power further eroded over the coming years.
04 January 2016
Premier League and clubs add 3.4 billion to UK economy As football continues to grow, so does its economic impact – last season the Premier League, UK’s top football league and its clubs contributed £3.36 billion to the nation’s GDP.
23 November 2015
Big Four professionals in UK Economists Power 100 Andrew Sentance from PwC, Mark Gregory from EY and Ian Stewart from Deloitte have been recognised as one of the most influential of economists in the UK & Ireland.
12 August 2015
EY: UK increases lead in European inward FDI race The UK retained its leading position in Europe in attracting Foreign Direct Investment (FDI), securing 887 from the total 4,341 projects in the European region, a recent survey from EY finds.
04 June 2015
16 consulting firms partner of World Economic Forum Coming Wednesday the World Economic Forum (WEF) kicks off in Davos. Approximately 2,500 CEO’s of the largest corporations globally, international politicians and high-profile scientists and academics will make their way to the now
19 January 2015
EY: EU Cultural and Creative Industry employs 7 million A new study from EY finds that the European Cultural and Creative industry is a vibrant and growing driver of the European Union’s economy.
08 December 2014
EY: Rugby World Cup adds 1 billion to UK economy The economic benefit of the 2015 Rugby World Cup, hosted by the UK, is estimated to be an around 1 billion pound boon for the national economy, an economic impact report from EY indicates.
25 November 2014
EY: Future success of UK exports lies outside the EU The vast majority of UK entrepreneurs believes that they will have to look outside the EU to grow their exports, concludes a survey of EY. The government should encourage companies to grow, not only in the UK but also internationally by cutting red
19 November 2014
EY supports US government with diversity initiative Professional services firm EY has closed a partnership with the US Department of State (DoS) to support the Women’s Entrepreneurship in the Americas (WEAmericas) initiative, set up by President Obama to encourage women participation in the ec
13 November 2014
EY: Energy sector huge contributor to the UK economy The energy sector has hugely impacted the UK economy in 2013, concludes a new report by EY, commissioned by Energy UK. The report shows that the industry has generated around 6% of the GDP in 2013, and that one in every 44 jobs is connected to the
29 October 2014
EY: 5 priorities of action to sustain African growth According to EY, Africa has a promising future ahead, and could continue its growth path of the past 15 years. However, to do so, focus needs to be put on the future rather than on its current success. To achieve a consistent growth path, EY lists
21 October 2014

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