RSS Feed

News: Economy

More Articles: Latest Popular Archives

Budget 2020: A round up of comments across the sector

Only sufficient provision of affordable homes in the right areas can prevent the sort of social inconsistencies that appear when high property prices put key areas of UK cities off limits to younger workers and their families. We know from conversations we have constantly with housing associations that the appetite is there to keep building through economic cycles and this fund will ensure that will happen.”

Contributor: Various | Published: 11 March 2020

2019 2019

Economic uncertainty the biggest challenge for SMEs

SMEs require strong leadership to navigate this period of change in the next two years, but a significant proportion believe that strong leadership is currently lacking within their organisation. According to new research from Robert Half UK.1

Contributor: Matt Weston | Published: 27 October 2019

targets targets

Top Universities impact rent prices in student cities by 25 percent

House prices in top university cities average 25 percent higher than national average. The analysis looked at the residential property markets of the top 50 University cities around the world, and determined that house prices grew on average 65.8 percent, compared to a national average growth of 40 percent.

Contributor: Patrick McMahon | Published: 6 September 2019

2019 2019

UK inflation slows, but markets betting on interest rate rise 

CPI inflation slowed to a two-year low of 2.1 percent, driven lower by falling oil prices and their knock-on effect on fuel costs. Companies’ raw material costs rose just 3.7 percent, the lowest since June 2016, in a sign that inflationary pressures in the economy are dissipating.

Contributor: Ben Brettell | Published: 18 January 2019

jobs jobs

Anaemic growth weakens UK’s hand

The weakest quarterly output for six months is precisely the GDP data the country didn’t want to see. Such anaemic growth weakens the UK’s hand as we enter the sharp end of Brexit. What’s most worrying is the weakness in the production sector, with manufacturing a particular cause for concern.

Contributor: Ayan Mitra | Published: 14 January 2019

december december

Early December pay leads to high cost credit in January

New research from Hastee Pay has found that workers in the UK and Ireland are five times more likely to use high-cost credit in January compared to December as workers are left to endure a five or six-week wait for their January pay packets. Contributor James Herbert, CEO - Hastee Pay.

Contributor: James Herbert | Published: 20 December 2018

financial financial

Sterling tumbling

Sterling’s plunges to an 18-month low against the Dollar, the following comments may be useful. Theresa May’s grilling in the House of Commons has prompted an outbreak of gallows humour among Poundwatchers. Opinion is roughly split on which has the worst prospects right now – the beleaguered Pound or the embattled Prime Minister.

Contributor: David Lamb | Published: 12 December 2018

interest rates interest rates

Interest rates on stay on hold

The Bank of England has left interest rates on hold, surprising precisely no-one. A fragile UK economy, softening global demand, and the looming shadow of Brexit leaves little scope for the central bank to do anything more than sit on its hands for the time being.

Contributor: Laith Khalaf | Published: 5 November 2018

confidence confidence

Employers’ confidence in the economy at its worst for eight months

New data shows that employers’ confidence in the prospects for the UK economy plummeted this month. The net balance of those seeing a positive outlook as opposed to a negative one hit -14, a fall of 9 percentage points from last month (September 2018), and the lowest level witnessed since February 2018.

Contributor: JobsOutlook | Published: 26 October 2018