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McKinsey & Company | News | Economy

An overview of McKinsey & Company news in the UK:

Global cooperation on the decline since 2020 A new global study has shown that international conflict is threatening the world economic stability dramatically.
17 January 2024
Economic pessimism in UK at all-time high New data has revealed that economic pessimism is at an all-time high among UK consumers. With the rate of inflation now at around 9%, more than a third of consumers expect a lengthy recession.
25 May 2022
Covid-19 supply chain disruptions pose multi-trillion economic threat Global markets could forfeit as much as $5 trillion in economic losses, if they do not adapt their supply chains in the wake of the Covid-19 virus.
17 August 2020
3 million women in the UK need to transition to new jobs by 2030 More than 3 million women working in the UK are forecast to need to transition to new jobs in the coming decade, as digital disruption ramps up amid Britain’s rapidly automating markets.
12 July 2019
Superstar companies capture 80% of economic profit Large companies tend to dominate the global market, with the top businesses capturing the vast majority of economic profit globally.
02 July 2019
Global gold industry sees signs of post-crash revival Having seen the precious metal over-invested during the boom years leading to 2007, the gold industry has seen a decade of spending cuts and low returns.
20 June 2019
Energy use must decouple from GDP growth for sustainable future Transforming the global economy is increasingly seen as imperative to preventing an irreversible climate disaster, but at present only marginal and short-term improvements have been committed to by g
18 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
UK's gig economy can learn from US' more mature freelancing market The UK currently has 5 million self-employed people, of which around 2 million are freelancers – also known as gig economy workers.
08 October 2018
Higher wages key to solving productivity puzzle The global economic recovery has been blighted by sluggish productivity over its nine-year duration.
21 March 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
Global CEO sentiment improves but geo-political instability could scupper progress CEOs are more upbeat about their growth prospects, particularly in Europe, however, political strains such as Brexit and the incumbent Whitehouse administration remain key risks to growth.
15 January 2018
Competition hollows out US supply base in race to bottom Much has been said about the importance of manufacturing in the US, which is said to have seen steep declines in recent years.
09 November 2017
Latin American economies could fall into recession by 2030 GDP growth in Latin America has largely been driven by improved employment rates, however demographic changes are likely to see this growth decrease in coming years, with regional economies standing to enter recession by 2030.
06 October 2017
Improving gender equality to best-in-UK could add £111 billion to economy By 2025, gender equality in the workplace could add more than £444.
21 September 2017
CEOs generally upbeat despite geopolitical instability Geopolitical instability remains a key concern for CEOs, however they remain generally upbeat about domestic conditions, particularly in Europe and North America.
15 August 2017
10,000 Chinese firms in Africa as Ministry of Commerce underestimates number China is increasingly active in Africa, with the country seeing significantly boosted FDI spending in the region causing the number of private enterprises operating across the region to jump as high as 10,000.
26 July 2017
Businesses call for public spending as confidence in EU grows Business sentiment across key European Union members is improving, a new report from McKinsey & Company has found.
07 June 2017
Ageing population and automation threatening prosperity of EU The European Union has resulted in a period of peace, prosperity and social growth across Europe.
08 May 2017
CEOs upbeat about global and domestic economies, McKinsey study finds CEOs across the globe are generally more upbeat about economic conditions, now and going forward.
21 April 2017
Companies with a long-term strategy significantly outperform their rivals Short-termism destroys long-term business value, a new study finds.
29 March 2017
Urbanisation, growing middle class and inclusion to lift Indian prosperity India has enjoyed rapid economic growth in recent years, pulling hundreds of millions out of abject poverty. Growth in the near term remains robust at 7.7% per annum, according to a new report.
21 February 2017
Economies need to invest at least $49 trillion in infrastructure by 2030 The world will require around $49 trillion in new economic infrastructure investment by 2030, according to a new report. As it stands, a total gap of around $5.2 trillion exists in terms of planned investment.
02 January 2017
African spending to hit $4 trillion by 2025, led by consumer growth The African continent has seen a slowdown in economic activity, as global commodity demand and prices wane.
14 December 2016
Productivity-led growth could add additional $5 trillion to Chinese GDP The Chinese economy has boomed in recent decades on the back of considerable investment.
29 November 2016
Executives split on economic conditions, emerging markets most upbeat Executives globally remain relatively confident about economic conditions in their home markets, finds a new analysis by McKinsey, with emerging market executives most upbeat.
18 October 2016
Income inequality affecting the masses, expected to continue Income inequality continues to increase, hitting the young with low skills the hardest. In the UK, 60% of the population has seen a stagnation or decrease in their disposable income.
25 July 2016
Chinese economy unlikely to hit hard landing according to McKinsey The Chinese economy saw stutters of instability at the start of the year as 5-6% annual growth became the projected new normal.
12 July 2016
McKinsey: Geopolitical risks expected to impact profits globally Executives are increasingly concerned about geopolitical instability, globally and domestically, on their profitability – however, few are deploying strategies that deal with the associated problems
20 June 2016
Saudi Arabia a lucrative battleground for management consultants Saudi Arabia is a lucrative battleground for management consultants – total fees paid to consulting firms in the Kingdom has grown by 12% to hit $1.3 billion.
27 May 2016
McKinsey: Chinese future economic growth depends on innovation The Chinese economy is slowing down from a mammoth 9.4% annual increase over the past three decades. In order to remain a key player in the competitive landscape with Industry 4.
23 May 2016
Closing the gender gap could add 2.1 trillion to US economy Gender inequality is a global issue, and, in economic terms, results in an estimated loss of up to $12.1 trillion in economic activity by 2025.
21 April 2016

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