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Economy news in the UK | Page 3
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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
Less than half of UK businesses optimistic about future growth
A perfect storm of Brexit anxiety, rapid demographic shifts and a stagnant economy mean that fewer than half of UK’s private businesses are optimistic about future growth, according to a new report.
25 June 2019
Foreign direct investment to take hit from Brexit
Even while the UK has continued to see growth in investment, core cities tend to be the favourite destination of money from overseas, due in part to strong talent and infrastructure offerings.
21 June 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
Edinburgh tops UK cities with most promising growth prospects
A new analysis of the UK’s largest cities has uncovered which of the country’s population centres are best positioned to enjoy rapid economic growth in the coming decade.
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
Northamptonshire's mid-sized growth stars breach £2 billion barrier
Professional services firm BDO has revealed that Northamptonshire’s leading mid-sized businesses enjoyed revenues of over £2 billion in 2018.
13 June 2019
London declared globe's top city for future investment
Despite the uncertainty of Brexit, a new report has still ranked the city as a top destination for investment in the future, thanks to its heavy investments in cultural experiences.
11 June 2019
London forfeits title of ‘global financial hub’ to New York
London has lost its title as the world financial hub to New York, just a year after gaining it, according to a survey of financial sector professionals around the world.
28 May 2019
One-fifth of UK businesses in financial distress
The number of UK businesses in significant financial distress in the first quarter of 2019 has increased, while those under critical distress has ramped up by 17% on last year’s levels.
15 May 2019
Project management industry adds £156 billion of value to UK economy
Project management has grown into one of UK’s largest areas of business over the past decade, amid the increasing ‘projectification’ of work.
15 April 2019
High UK employment masks troubled economy
With mounting geo-political tensions and slowing economic growth, the global market has seen a long period of stability come to an abrupt end over the last 12 months.
12 March 2019
Confidence of UK and Irish SME leaders dips before Brexit
A new report on the confidence of small and mid-sized enterprise leaders in Britain and Ireland has found that business leaders harbour serious reservations about the performance of the nations’ econ
12 February 2019
IMF boss issues Davos call for poor countries to curb consulting spend
The head of the International Monetary Fund has raised eyebrows by warning poor countries against spending heavily on global consulting firms.
24 January 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
Brexit and looming economic crisis hit financial services optimism
The levels of optimism among the UK’s financial services sector remains at a worrying low, according to a new report co-authored by the country’s representative body for business interests.
21 January 2019
UK cost of living for expats falls as Brexit hits pound value
A new study has found that London has become one of the cheapest major cities in Europe for overseas workers since the Brexit referendum.
31 December 2018
Executives fear Brexit driving UK toward economic cliff-edge
More than a quarter of UK business leaders are now “very pessimistic” about the prospects of the UK economy, with fewer than 100 days to go until the UK completes its exit from the EU.
20 December 2018
Demographic changes could create a new era of UK-India relations
As India looks for a boost to its national employment, with a young and growing population capable of buoying its economy into the second largest in the world by 2050, UK investment presents a major
07 December 2018
Stagnant wages and Brexit see consumer confidence dip before 2019
Consumer confidence in the UK continues to face headwinds, as real wage growth declines and Brexit uncertainties set in.
06 December 2018
UK business confidence hit by cluster of Brexit uncertainties
Chief Financial Officers (CFOs) at UK companies remain weary ahead of the finalisation of Brexit in 2019.
04 December 2018
Decline of pound sees Chinese investment in UK flourish
The UK offers a range of investment opportunities that correspond to China’s strategic priorities, something which means Chinese companies are overlooking an intricate tax regime and stringent rules
29 November 2018
2,100 people on earth now have a wealth of more than $1 billion
With the economies of the world currently enjoying mixed results when it comes to stagnant productivity and slowing growth, one small club of super-wealthy individuals is still enjoying a bull run.
19 November 2018
Business community reports firms have not taken steps to prepare for Brexit
Businesses across Europe and the world have been bombarded with warnings that Brexit could have dire consequences for their bottom-lines, in recent months, unless they take pre-emptive action.
09 November 2018
Driver Group expects strong pre-tax profits despite construction industry woes
A professional services group listed in Lancashire has said it expected to post annual profit 'comfortably ahead' of current market expectations.
26 October 2018
Companies prioritise localisation as backlash against globalisation persists
Changing technological capabilities and a changing political landscape have seen economies shifting gradually toward more locally produced goods and services, focused on sustainability or supporting
19 October 2018
Professional services would be hit hard by No Deal Brexit
The UK Government has admitted that the professional services industry of the UK would be stung by a skills shortage in the event of a No Deal Brexit, in the latest of a series of warnings to the nat
18 October 2018
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
Digital skills gap could cost UK £141 billion in GDP growth
If G20 countries fail to adapt to meet the needs of the new technological era, they could be in line to miss out on as much as $1.5 trillion in GDP growth over the next 10 years.
03 October 2018
Why the economy is shifting towards the freelance and gig world
Changing business and societal norms, a change in perspectives and changes in career goals coupled with a shift in generational work ethics have combined to make work a part of a lifestyle as opposed
24 September 2018
Poor productivity stifling UK growth even without Brexit anxieties
A coming Brexit reckoning has left the UK economy facing slow growth at best, as negotiations struggle to progress between Britain and the European Union.
20 September 2018
UK must establish construction as 'jewel' of post-Brexit exporting
As Britain prepares for life outside the EU, the nation’s Government is being primed by multiple sectors to prioritise their area, in a bid to become world leaders and offset the impact of Brexit.
21 August 2018
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