Economy news in the UK | Page 6

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

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
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

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