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Crisis news in the UK
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Crisis
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Businesses must act quickly to prepare for global recession
With globalisation and technological advances having tightly interlinked the world’s economies, a downturn in one country threatens to rapidly spread to others.
14 November 2022
Recession must not derail public sector investment seen during pandemic
With the UK economy now believed to be in a recession, government figures are falling back on talk of ‘tough decisions’ and austerity – but according to Graham Brown, Chief Revenue Officer at HGS UK,
07 November 2022
Food sales fall as households struggle to make ends meet
Retail sales in Britain fell beneath pre-pandemic levels in September 2022, as soaring prices prompted consumers to rein in spending.
26 October 2022
CEOs reduce ESG and staff spending to prepare for recession
A global CEO survey has shown most businesses anticipate recession in the coming 12 months.
25 October 2022
The top threats business leaders have to deal with
2022 has brought a number of long-standing issues to a head – from geo-political tensions, to the mounting climate emergency – which have created a number of major challenges for businesses .
14 October 2022
Businesses must 'be bold' an invest in innovation ahead of recession
As the global economy looks to be headed for a recession, a new report has shown the majority of organisations are prioritising cost cutting campaigns to secure their bottom lines, over innovation wh
11 October 2022
Floods, storms and water risk to cost economy trillions by 2050
The global economy could lose trillions of dollars in the coming 30 years, due to escalating crises relating to water distribution.
05 October 2022
Consumers scaling back spending due to energy spike and inflation
With inflation on the rise, amid a sustained period of wage stagnation, consumer spending in the UK is dipping dramatically.
20 September 2022
British Chamber of Commerce warns UK heading for recession
The UK is expected to fall into recession before 2022 is up, according to the British Chambers of Commerce.
12 September 2022
Retailers face looming 'profit crisis' as inflation bites
With the cost-of-living crisis and stagnant wages eating away at the spendable income of most consumers, retailers may be about to witness an alarming slump, according to new research.
21 June 2022
Insolvencies spike as UK inflation takes toll
The lingering economic impacts of Covid-19, geo-political change, and huge increases in inflation have pushed a growing number of firms into insolvency.
27 April 2022
The impact of the Russia - Ukraine war on the software and IT sector
Lloyd Evans, an Analyst at Gambit Corporate Finance, considers the potential impact of the Russia-Ukraine war on the software and IT sector, analysing the impact on inflation, talent, and mergers & a
06 April 2022
CEOs worry business disruption at highest since World War II
Pressures from digitalisation, Brexit, the pandemic and now the threat of war, mean the cycle of disruption is more rapid, while funds available to help companies adapt are low.
30 March 2022
Finding opportunity in rising raw materials prices and inflation
There is not a boardroom in the land that’s not currently consumed by the burning question: how can businesses mitigate the risks posed by rising inflation and raw material prices, without impacting
15 March 2022
Consumer retail profit at risk as inflation bites
With inflation set to rise even further from its current 30-year high, retailers are faced with looming losses.
11 March 2022
Research: Majority of UK business owners wary of UK break-up
The majority of UK business owners are bullish about the market value of their companies, in spite of pressures from the pandemic and Brexit.
10 March 2022
Inflation forcing UK residents to spend savings
Spiralling rates of inflation, sustained wage stagnation, and the continued economic impacts of the pandemic mean many UK residents are having to burn through savings to stay afloat.
09 March 2022
Professional services firms under pressure to cut Russia ties
Under pressure to sever ties with Russia, several of the world’s largest professional services firms have closed their Russian offices.
07 March 2022
Test and Trace consultants come under further scrutiny
After more than a year of controversy surrounding the public money spent on consultants for the Government’s misfiring coronavirus app, it has emerged that almost 2,000 consultants are still being pa
23 November 2021
Global exhibition market to return to pre-Covid size by 2023
Due to the severe impacts of the pandemic, the global exhibition market is expected to recover more slowly than initially thought.
19 November 2021
Lynne Darcey Quigley on why corporate insolvencies will spike
The number of corporate insolvencies is about to erupt, but what is truly going on behind the increase? Lynne Darcey Quigley from commercial debt recovery advisory firm Darcey Quigley & Co discusses
16 November 2021
Number of corporate insolvencies rises as support measures unwind
The number of corporate insolvencies seen across the UK rose by 26% in the third quarter of 2021.
09 November 2021
Cost efficiency focus exposed supply chains to greater Covid risks
During the pandemic, the previous preoccupation of executives with growing productivity and constantly finding cost savings left companies over-stretched and vulnerable.
28 October 2021
2021 yet another dramatic year for airlines globally
Despite the growing enthusiasm for international tourism in the coming three months, 2021 will still be a dramatic year for aviation.
22 October 2021
Businesses conduct under increased scrutiny due to pandemic
With public scrutiny having mounted on businesses and governments during the pandemic, more than eight-in-ten companies expect investigations into their operations over the coming year.
24 September 2021
UK’s freelancers took major hit during pandemic
A new study into the UK’s freelance economy has found that two-thirds of the sector’s workers were negatively impacted by the pandemic.
24 August 2021
Councils must play integral role in economic and social rebuild
National and local governments must ‘rethink’ the role councils play in the wake of the coronavirus pandemic, if they are to ensure they present their constituents with the right level of services, a
27 July 2021
Halving of UK insolvencies prompts fears of 'zombie nation'
Despite the continued financial crisis seen during the pandemic, the number of administrations and receiverships has plummeted during 2021.
22 July 2021
Test and Trace spends £1 million per day on Deloitte consultants
UK Parliament’s spending watchdog has found that the Government’s dependence on consultants to improve its Test and Trace app is yet to diminish.
02 July 2021
Covid-19 is impacting mental health of independent consultants
The Covid-19 pandemic is having a profound impact on the mental health of consultants, according to a new report by Movemeon.
30 June 2021
Bosses failed to adequately support women during lockdown
More than half of women in the workforce are less optimistic about their career prospects today than before the pandemic, while almost six-in-10 are planning to leave their job in the coming 24 month
08 June 2021
Violence toward retail workers spikes during pandemic
Data released by the representative body of the UK’s retail sector has shown that shopworkers were subjected to a sharp increase in abuse during the Covid-19 pandemic.
28 May 2021
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