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Economy news in the UK | Page 13
An overview of news, trends and research in the category Economy in the UK:
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McKinsey: Government digitalisation can save $1 trillion
When done successfully, worldwide government digitalisation can save $1 trillion annually in economic value, says consulting firm McKinsey & Company.
19 January 2015
L.E.K. Consulting: US manufacturing industry buoyant
Is there a renaissance in U.S. manufacturing afoot? The media says ‘yes’ with many examples including a $4 billion investment by Dow Chemical to boost its ethylene and propylene capacity on the U.S. Gulf Coast; an announcement by Flextr
16 January 2015
Marsh highlights challenges foreign investors in 2015
The Central African Republic, Sudan and Syria are identified by consulting firm Marsh and Business Monitor International as the countries with the highest political risk.
07 January 2015
McKinsey: Obesity costs UK society 73 billion per year
Obesity is not only a global issue, also in the UK overweight comes with a hefty price tag.
05 January 2015
Mercer: The most popular holiday days of the globe
Staying on top of public holiday types and meanings, as well as their statutory requirements can be, in an international businesses setting, complex and vexing. To make things easier, Mercer releases guidelines that covers a broad range
29 December 2014
BearingPoint: Irish online economy to reach 21.1 billion
The Irish internet economy will grow to €21.1 billion, 10% of GDP, by 2020, and as currently less than 25% of all online revenues go to national retailers, Irish companies should develop digital technologies to avoid losing out on this growth,
16 December 2014
Deloitte: MSBs essential to the economic recovery UK
The Businesses Leading Britain 1,000 (BLB1000), which Deloitte has identified as the fastest-growing medium-sized businesses in the UK, are essential to the economic recovery of the UK.
16 December 2014
PwC: Cities must adapt to the increasing urbanisation
Mega cities must adapt to the rapid urbanisation to stay liveable, says PwC. The firm predicts that by 2050, 70% of the world’s population will live in cities, a percentage cities are not built for.
16 December 2014
Roland Berger: Defence spending halved in 3 decades
With recent wars in Iraq and Afghanistan behind the UK, the level of defence spending is trending downward. According to a research from Roland Berger, the UK’s spending on defence relative to GDP has halved over the past three
15 December 2014
Poor MSB productivity costs UK economy 117 billion
The productivity of the UK’s medium-sized businesses is floundering behind Germany and France, costing the economy an estimated £117 billion, concludes a research from Grant Thornton.
11 December 2014
Dominic Barton and Rich Lesser agree on India outlook
The winds of change are blowing across India’s wide fertile plains.
08 December 2014
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
BCG: Nordics must transform to secure future prosperity
The once so flourishing Nordic model that has served its people well for many decades is facing increasing challenges, such as a decreasing economic complexity, lack of investment in the future and an aging population. In order for the region not t
04 December 2014
Roland Berger: Car sharing to grow exponentially
The market for sharing one’s car – car sharing and ride sharing – is expected to explode over the coming years, according to Roland Berger Strategy Consultants. The consultancy has projected that the market will grow between 30% a
02 December 2014
McKinsey & Co. sees bright future for Indian economy
After India’s decade of average growth, marred by bureaucratic and global economic pressures, the recent government stability, a will to push through reforms and rapid urban development are all expec
01 December 2014
PwC: Top 5 and Worst 5 UK cities to live and work in
Reading and Bracknell, Aberdeen and Edinburgh are according to professional services firm PwC the cities with the best medium to long term economic potential. University cities Oxford and Cambridge complete the top five, while Middlesbrough fi
01 December 2014
Tractus Asia: Indonesian manufacturing on tipping point
Indonesia’s manufacturing industry is on the verge of a tipping point with the potential of creating millions of new jobs and evolving its economy away from its natural resource base.
01 December 2014
Chinese urbanisation leads to big mobility challenges
The big increase in Chinese urbanisation expected in the coming years, as a result of economic growth, will produce huge challenges to urban transportation, concludes Arthur D.
01 December 2014
PwC: UK sharing economy generates 9 billion by 2025
The sharing economy is expected to grow significantly in the coming decade; by 2025 it has the potential to reach revenues on par with its retail counterparts, concludes a research by PwC.
25 November 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
McKinsey: Obesity costs global society 2.0 trillion a year
Obesity is one of the three top social burdens generated by humanity’s contemporary social lifestyle.
24 November 2014
Deloitte: Debt of UK Government 79 per cent of GDP
At current state, the debt of the UK Government is as high as £1.4 trillion, which is 79% of its GDP. This debt is caused, among others, by the Government’s decision to borrow funds to balance its deficit. This decision is part of its d
20 November 2014
BDO: Mid-sized businesses essential part of UK economy
As the UK mid-sized businesses account for 75% of the UK exports and are responsible for 25% of all private sector employment, these businesses are essential to the UK economy, concludes BDO. Even though, the mid-sized businesses are an ‘expo
20 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
BCG: Made in USA eating share from Made in China
US manufacturing is increasing its reshoring of production capacity from China back to home soil, reduced shipping costs, access to skilled labour and a drive to automation, cited as reasons for the move. Interest
13 November 2014
Thomas Piketty wins FT Business Book of the Year
Thomas Piketty, the author of the ‘Capital’, has won the FT and McKinsey ‘Business Book of the Year Award’.
12 November 2014
Ecorys helps EU with technical aid project for Belarus
Consulting firm Ecorys has been selected to lead an international consortium that will help Belarus with advancing the economic development of four regions.
07 November 2014
KPMG: 22 per cent earns less than Living Wage in UK
22% of UK employees currently are earning less than Living Wage, a number that has risen slightly from the 2013 percentage, concludes KPMG in its new report.
05 November 2014
PwC: Irish CEOs regaining confidence in economy
The 2014 Pulse CEO Survey by PwC Ireland finds that CEO confidence in a positive future outcome for the recently troubled Irish economy is brightening, 86% of business leaders see light at the end of the tunnel, up from a mere 3% in 2009
04 November 2014
Deloitte: Fraud costs UK Government 20.43 billion
Fraud will this year cost the UK government more than £20 billion, according to a new report from professional services firm Deloitte and Reform.
31 October 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
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