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Economy news in the UK | Page 3
An overview of news, trends and research in the category Economy in the UK:
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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
Global corporates shifted $616 billion in profits to 11 tax havens
Despite growing global outrage at the existence of tax havens, the schemes for massive global conglomerates to swerve paying their share seem more popular than ever.
20 August 2018
Retail bears brunt of sluggish first half of 2018 with 20 profit warnings
The number of profit warnings by FTSE-listed retailers has doubled since the same period of 2017, while the UK economy as a whole has seen profit warnings hit a seven year high.
26 July 2018
One third of SMEs believe Brexit will have a positive business impact
While Brexit remains an unknown quantity, as the March 2019 deadline for negotiations between the UK and Brussels fast approaches, small and mid-sized enterprises (SMEs) in the UK remain broadly posi
25 July 2018
Ireland set for net jobs growth of over 230,000 by 2022
After a decade of economic turbulence resulting from the global recession, Ireland’s employment rate has finally pushed past the figure of 2008.
19 July 2018
UK risks labour shortage of millions by 2030
The UK is facing a major talent shortage, which could see the nation miss out on an unrealised revenue of more than £300 billion.
17 July 2018
UK retailers continue to suffer from the high street crunch
Tough choices face the UK regarding Brexit, as negotiations plagued by governmental in-fighting continue to create economic uncertainties for people and businesses across Europe.
16 July 2018
Providing work for over 55s could add £180 billion to UK's GDP
Older people looking for work are likely to find it harder than those in Iceland, New Zealand, Israel or Estonia, according to a new report.
11 July 2018
Why a shift to circular economy thinking can benefit corporate strategies
A shift from a linear mindset to applying circular economy practices to business thinking can benefit corporates across a range of domains, according to new white paper.
09 July 2018
Irrespective of trade deals, Brexit will leave UK households worse off
A new report has revealled that Britain’s withdrawal will cost ordinary Britons dearly, even if the nation uses the opportunity to replace its pre-existing trading relationships with the continent to
04 July 2018
BCC warns of lowest UK growth since recession
Brexit uncertainty has left the UK is facing its weakest growth since the financial crisis, according to a new economic forecast.
19 June 2018
Foreign direct investment in UK could dry up post-Brexit
Globally foreign direct investment is set to continue to grow, with North America sitting at the top, while China has slid three spots to fifth overall.
14 June 2018
Bullish UK technology sector worth over £180 billion
The UK technology sector has boomed to a value of more than £180 billion.
05 June 2018
Poor productivity sees UK growth hit lowest level since 2012
The UK’s economy saw its weakest growth figures since the country endured a double-dip recession in 2012. While the 0.
31 May 2018
Putting people before profit helps businesses tackle human rights abuse
As human rights violations continue to unfold globally, businesses have often been implicated in historic abuses.
21 May 2018
UK GDP growth alone does little to help 'have-nots'
The focus by politicians and economists on GDP growth could be skewing perceptions of what a successful society is, neglecting the material impacts of wealth, or its absence, on social and normative
08 May 2018
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