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Economy news in the UK | Page 2

An overview of news, trends and research in the category Economy in the UK:

UK must step up reskilling efforts for net zero push Four million workers in the UK will need retraining by 2030 to support the nation’s transition to a low-carbon economy, according to a new research from Bain & Company.
08 February 2024
Global M&A rebounds as 2024 commences The number of high value merger and acquisitions fell by 27% in 2023, after pressures from the global economy saw investors favour caution in their dealings.
25 January 2024
WEF study argues climate to become world's defining risk in 10 years As the World Economic Forum’s annual Davos summit continues in Switzerland, a study released at the event suggests the risk profile of the world is set to change drastically over the next ten years.
23 January 2024
MCA research suggests UK consulting revenues pass £20 billion mark The UK consulting market has seen growth slow over the last year – with the member firms of the Management Consultancies Association reporting 11% revenue expansions for 2023.
22 January 2024
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
Interest in Digital Euro remains low among EU consumers The conversation around digital currency might have cooled significantly from its pre-pandemic zenith, but the European Union is still pushing ahead with the planned launch of its ‘Digital Euro’.
15 January 2024
Labour market cools heading into 2024 UK companies remain reluctant to hire new staff, amid muted economic growth.
11 January 2024
UK consumers continue to cut spending for 2024 While the narrative around the UK economy has bordered on optimism in recent months – with stats suggesting wage growth is finally outpacing inflation – consumers are feel they are less secure than t
08 January 2024
Value of the 100 biggest unicorns falls by $10 billion A new study from PwC suggest that the 100 most prominent unicorns in global business attracted $10 billion less from investors in 2023 than the last year.
22 December 2023
UK ranks top out of G7 for sustainability in 2023 The UK has been identified as a world leader in sustainability. New research suggests that the UK is ahead of every other G7 country in terms of sustainable performance.
15 December 2023
MCA discusses consulting industry impact with Deputy Labour Leader The Management Consultancies Association has hosted a member roundtable with Shadow Deputy Prime Minister Angela Rayner.
04 December 2023
Consultancies warn autumn budget shortchanges SMEs While some leading consulting firms issued statements praising the implementation of new tax incentives for the mid-market, many more warned the measures did not go far enough.
28 November 2023
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
Businesses turn to automation amid hiring struggles Labour shortages continue to have a material impact on firms, 12% saying they shrank in the last year as they were unable to make the most of new demand from customers.
17 October 2023
UK dealmakers expect inflation to sink to 2% before 2026 UK dealmakers are clashing with the Bank of England over its monetary policy – with 32% calling on the institution to lower interest rates, as they expect inflation will sink to 2% in the next two ye
04 October 2023
Average fans of Premier League clubs paying up to £2,000 per season The UK remains in the grip of a cost-of-living crisis – yet many of the country’s top football clubs are seemingly unmoved by the plight of their fans.
15 September 2023
Quarter of UK workforce could quit as Great Resignation rolls on While many economists expected the worsening economic picture to bring the Great Resignation to a close, it seems to have actually exacerbated it in the UK.
21 August 2023
Cost of living crisis eroding household income by £2,300 The typical UK household will be £2,300 worse off in real terms, by the time the cost of living crisis comes to an end, according to a new study.
01 August 2023
Robust industrial strategy a £230 billion opportunity for economy The UK faces missing out on a £230 billion opportunity, if it cannot provide a more robust industrial strategy to funnel STEM graduates into work relevant to their expertise.
31 July 2023
UK business confidence remains strong as firms boost AI investment UK businesses are optimistic about their prospects in the coming months, as they hope to see investments in new AI technology pay off.
25 July 2023
KPMG claims generative AI could boost UK by £31 billion The hype surrounding generative AI continues to grow. According to a new study from KPMG, the technology could raise UK productivity enough to realise a £31 billion economic boost.
19 July 2023
How to achieve excellence in innovation management practices As businesses of all shapes and sizes look to grow revenue, in spite of a prolonged economic slowdown, innovation can make or break a firm’s financial plans.
18 July 2023
UK cities drop in most liveable cities for 2023 ranking A ranking of 172 global cities has found that the UK’s largest population hubs are struggling to improve their ‘liveability’ for their residents.
10 July 2023
$9 trillion decline as global wealth falls for first time since 2008 The financial assets of high net worth individuals around the world has fallen for the first time in more than a decade, according to new research.
27 June 2023
Wealth of the rich and super-rich dropped by $3 trillion last year The number of high net worth individuals worldwide has fallen in the last 12 months.
20 June 2023
US investors find UK less attractive after Brexit For the third consecutive year, US investors have suggested they are less confident in sinking funds into British operations, according to a new poll.
19 June 2023
8 out of 10 professional services firms expect growth in 2023 Following an extended boom, the professional services sector is facing a number of key headwinds in 2023.
15 June 2023
Consumer negativity on economic outlook falls As the global economic picture remains clouded by uncertainty, consumer sentiment remains notably pessimistic about future prospects.
12 June 2023
Professional services firms maintain headcounts as demand grows The UK professional services market is increasingly upbeat about its prospects, with a new survey finding 88% of leaders expect to grow contract activity over the next year.
19 May 2023
Gen Z maintains discretionary spending despite inflation As inflation on essentials like food continues to spiral, six-in-10 UK consumers are cutting back on non-essential purchases.
02 May 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

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