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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:
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AFRY Management Consulting
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No news found.
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
UK remains 5th most attractive FDI destination in world
The amount of foreign direct investment in the global economy has risen beyond $2 trillion. According to new research, the UK is the fifth most popular destination for such investment.
18 April 2023
Utility price hikes sees consumers further scale back spending
The growth of the UK economy looks set to come under further pressure in the coming months, as consumers further scale back their purchases in 2023.
10 April 2023
London defined as the world's most attractive 'megacentre'
The latest report to try and define the best cities to live in around the world has suggested London is the planet’s most attractive ‘megacentre’.
27 March 2023
UK business optimism rebounds in 2023
Global business expectations have improved dramatically over the last five months, according to a new study.
17 March 2023
CEOs worldwide see growth opportunities despite adversity
Many CEOs around the world remain relatively optimistic on the health of the global economy, despite a sustained economic slowdown, and a chaotic geopolitical landscape.
13 March 2023
UK businesses most optimistic in Europe
British business leaders are pessimistic about the country’s economy, but most still believe their own firm has a bright future.
03 March 2023
One-in-ten European companies in financial distress
Nearly one-in-ten European corporates are in distress and in need of a turnaround, according to new research.
22 February 2023
Consulting firms maintain 'cautious optimism' on 2023 M&A market
Following a record year, the 12 months of 2022 saw a fall in the volume and value of M&A activity.
21 February 2023
Professional services confidence rises in 2023
Confidence of mid-market leaders in the professional services sector has rebounded at the start of 2023, after economic challenges saw it fall at the close of the previous year.
20 February 2023
Profit warnings increased 50% in 2022
The number of UK firms issuing profit warnings increased by 50% over 2022, according to a new study.
06 February 2023
December insolvency stats cap year to forget for UK business
In 2022, the UK averaged around 2,000 insolvencies per month, with figures continuing to rise in December.
01 February 2023
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