Blogs

Self-employment set to tumble by more than 800,000 as new hybrid working practices offer the same rewards, with fewer risks
January 24, 2022

In Q4 2019, just before the onset of the pandemic, the UK was home to 5.0 million self-employed people. The number had been on an

Daily Mail – Tax Hike is Morally Wrong, and could capsize the economy, writes Dragons’ Den panellist Touker Suleyman
January 23, 2022

The Government has done a terrific job of supporting households and business during the Covid crisis, with innovative solutions such as the furlough scheme and

Daily Mail – This tax raid will crucify families
January 22, 2022

The national insurance rise will pile more misery on families already under siege from soaring bills, experts warned last night. Households are being clobbered by

The Scotsman – December sales slump as Omicron spread rocks UK high street
January 21, 2022

The Office for National Statistics (ONS) said sales fell 3.7 per cent in December – the biggest monthly fall since January 2021 – compared to

Daily Express – ‘I understand the pressures’ – Rishi Sunak worry on inflation and soaring energy bills
January 20, 2022

The Chancellor spoke yesterday after figures revealed inflation had surged to 5.4 per cent last month – its highest rate since March 1992 – as

Bloomberg – The U.K. Is Two Months Away From a Brutal Cost-of-Living Crisis
January 20, 2022

Soaring energy prices and rising inflation are causing policy headaches around the world. In the U.K., though, the government is raising taxes at the same time,

Daily Express – Nicola Sturgeon shamed as crippling economic impact of Scotland’s Covid rules laid bare
January 18, 2022

On December 21, Scotland’s First Minister Nicola Sturgeon announced a range of rules were being introduced that would thwart New Year’s celebrations in a desperate attempt to

Lancashire Times – Consumer Confidence Fell Slightly In December Amid Omicron Uncertainty
January 18, 2022

Consumer confidence worsened in December 2021, according to the latest analysis from YouGov and the Centre for Economics and Business Research (Cebr). The index declined

Reuters – UK consumer confidence edged lower in December
January 17, 2022

British consumer confidence edged lower in December, taking only a modest hit from the rapid spread of the Omicron variant of coronavirus, a monthly survey

Bloomberg – Economist Josie Dent on Europe’s Energy Prices, Global Economy
January 17, 2022

Josie Dent, Centre for Economics and Business Research Managing Economist discusses Europe’s energy prices. She speaks with Tom Mackenzie and Francine Lacqua on “Bloomberg Markets:

Industrial News – Housing Safety and Wellbeing taskforce launched by Aico
January 17, 2022

Aico are pleased to announce the official launch of the Housing Safety & Wellbeing Taskforce, which due to COVID-19 precautions, took place online on the 13th

Daily Mail – Household bills ‘will be unaffordable for a QUARTER of Britons’ as they soar by almost double last month’s forecast and experts warn of ‘Awful April’ for families
January 17, 2022

Households are facing at least a £3,000 spending squeeze in 2022 as soaring energy bills send inflation through the roof.  Economists expect inflation to hit

Daily Express – UK energy about to explode as bills tipped to soar by almost double
January 17, 2022

Inflation is expected to be sent through the roof, with households facing at least a £3,000 spending squeeze this year. This inflation is predicted to triple

The least bad solution to April’s £17.2 billion energy price problem – short term subsidies and long term investment
January 17, 2022

As the old joke goes, if I was going there I wouldn’t be starting from here. But the starting point for dealing with high energy

Daily Mail – Unions and business leaders hit by crippling staff shortages welcome decision to cut number Covid self-isolation to five days but warn ministers must ramp up the supply of lateral flow tests
January 13, 2022

Unions and business leaders who have been hit by crippling staff shortages have welcomed the Government’s decision to today cut the number of self-isolation days

The Telegraph – Protect your investments, property, savings and pension from inflation in 2022
January 13, 2022

Prices have risen by more than 5pc in the past year and there is growing unease at the Bank of England that inflation is here to stay

Trans.Info – CEBR advises policymakers to learn from past supply chain recoveries
January 12, 2022

The CEBR indicated that there are “promising” signs of supply chain pressures easing, citing rate reductions in both the Baltic Dry Index and the HARPEX

Stuff – Stark warning to businesses: prepare now for ‘the big sick’
January 11, 2022

Employers should prepare now for high rates of staff sickness that could kick in as soon as Omicron breaches the border and last until spring

The Guardian – Brexit changes will add to soaring costs in 2022, warn UK manufacturers
January 10, 2022

Manufacturers have warned that Brexit will add to soaring costs facing British industry, amid concerns that customs delays and red tape will rank among the biggest challenges

Daily Express – Cutting self-isolation by just two days could save UK economy £21m a day
January 10, 2022

In the UK, people who test positive for coronavirus are required to self-isolate for seven days from the day symptoms begin. The self-isolation period has recently been

Will the supply chain crisis be over quicker than we thought?
January 10, 2022

In the summer of last year, hopes were riding high that the global economy could quickly return to pre-pandemic levels of output due to the

Boston Globe – Omicron absenteeism could cause $48 billion hit to UK economy
January 9, 2022

(Bloomberg) — Staff shortages caused by Covid-19 illness and mandatory isolation could result in a 35-billion pound ($48 billion) loss in output over January and

City A.M. – Wave of staff absences set to wipe off £35bn from UK economy
January 9, 2022

A wave of staff absences triggered by Omicron sweeping across the UK could shave £35bn off the British economy, according to new figures released today.

The Times – Economy risks £35bn hit from Omicron absenteeism
January 9, 2022

Absenteeism caused by Covid-19 isolation and staff shortages could result in a £35 billion loss in output over January and February — equivalent to 8.8

Daily Mail – Staff shortages caused by absent workers isolating because of Covid-19 could cost the economy £35bn in January and February
January 9, 2022

Staff shortages as a result of Covid-19 self-isolation requirements could cost the economy £35billion in January and February, data analysis has shown. Experts at the Centre for

Despite Covid, Brexit and inflation, the UK’s long range economic forecast is bright
January 6, 2022

It is sometimes easier to look a few years ahead than it is to look a few months, and this is surely one of those

Bloomberg Surveillance – Early Edition
January 6, 2022

Francine Lacqua, Anna Edwards, Matt Miller, and Kailey Leinz deliver the latest news and analysis on the markets with leaders in global finance and economics.

The Week – Will the global economy recover from the pandemic in 2022?
January 5, 2022

Will 2022 be the year where the world economy recovers from the pandemic? That’s the big question on everyone’s lips as the festive break comes

Chosun Ilbo – China’s Economy Could Overtake U.S. Economy by 2030
January 5, 2022

China’s economy will increasingly rely on state investment, high-tech development and domestic consumption — with less input from its past staple of export manufacturing —

Financial Times – Political uncertainty and Brexit will slow UK recovery in 2022
January 3, 2022

The UK will trail other developed countries in its economic recovery from the pandemic in 2022, with economists polled for a Financial Times survey predicting

Financial Times – People to feel worse-off as inflation and tax rises bite in 2022
January 3, 2022

Economists expect UK living standards to deteriorate in 2022 as inflation and rising taxes hit poorer households, while supply-chain blockages and Brexit-related trade underperformance will

The Telegraph – Cutting Covid isolation to five days would save economy £300m
January 2, 2022

Cutting the Covid self-isolation period from seven days to five would save the economy £300m in lost output in January, economists have estimated, as businesses are crippled

The Guardian – Global economy to grow by about 4% in 2022
January 1, 2022

The year ahead will be dominated by efforts to fight inflation along with climate change, while global economic growth will be reasonably strong and stock

Growth should be fairly strong, stock markets weak. But fighting inflation will be a dominant policy theme of ‘22, while managing the consequences of environmental policy will make this more difficult in the short term
January 1, 2022

After such a frenetic year, I was quite surprised to read what we had predicted a year ago and realise that we had correctly forecast

Bloomberg – World Economy Now Set to Surpass $100 Trillion in 2022
December 26, 2021

The world economy is set to surpass $100 trillion for the first time in 2022, two years earlier than previously forecast, according to the Centre

Bangladesh to become 24th largest economy by 2036
December 26, 2021

The Centre for Economics and Business Research (CEBR) disclosed the findings in its annual World Economic League Table (WELT 2022) report on Sunday, stating that

India to become 3rd largest economy in 2031, says CEBR
December 26, 2021

The Centre for Economics and Business Research (CEBR) has predicted that India will regain sixth position from France next year and become the third-largest economy

Reuters – World economy to top $100 trillion in 2022 for first time: report
December 26, 2021

The world’s economic output will exceed $100 trillion for the first time next year and it will take China a little longer than previously thought

City AM – UK to remain one of the top six global economies post-Covid, says CEBR report
December 26, 2021

The UK will stay as one of the top six global economies for the next fifteen years, according to the latest annual report by the

Daily Mail – Britain’s economy will dwarf France’s in 15 years’ time thanks to booming tech investment
December 26, 2021

Britain’s economy will vastly outstrip that of France in the next 15 years, according to a landmark report published today. Booming tech investment and the economic reforms

The Times – World economy to reach £100 trillion next year
December 26, 2021

Britain will be well placed as the world economy emerges from the pandemic in the coming years, according to a new forecast published today. In

We should probably be revising down our forecasts for 2022 even before we have made some of them!
December 19, 2021

Occasionally you get a week where the news is sufficiently unexpected to revise one’s appreciation of events. The past week has been such. The new

Work from home guidance under Plan B to cause £500 million reduction in monthly urban spending across five of England’s largest cities, while Christmas party cancellations and travel restrictions could cost a further £1.3 billion across the country
December 9, 2021

Last night’s announcement by the Prime Minister that England would move into Plan B over the next week – mandating mask wearing in indoor settings,

Turns out that US inflation isn’t transitory – watch out for rate rises
December 6, 2021

Fed Governor Jerome Powell showed himself to be an impressive operator in his testimony to Congress last week. In his previous testimony on 28 September,

The Sun – UK economy set for record growth but Brits will be £1,700 a year worse off
December 2, 2021

Consumers will really start to feel the pinch in January — but inflation will still mean the festive season will cost households £109 more than

The Times – Average household costs to rise by £1,700 a year
December 2, 2021

A typical family’s household costs are set to go up by £1,700 next year, according to analysis. The study said that higher fuel and energy

Could the Great Resignation kick off an inflationary spiral?
November 29, 2021

4.4 million people quit their job in the US this September providing yet further evidence of the ongoing Great Resignation phenomenon. The quits rate –

Why did the authorities get economic policy so right on Covid but are behind the curve on inflation?
November 22, 2021

The labour market data out in the past week highlighted two facets of official policy: The early post-furlough employment data showed that employment had bounced

AI News – CEBR: Automation increases US/UK business revenues, boosts economic resilience
November 17, 2021

Research conducted by the Centre for Economics and Business Research (CEBR), in conjunction with SnapLogic, has found that automation is having a profound impact on the monthly revenues

If COP 26 manages to tap into the potential of the private sector, the conference might achieve more than the sceptics predict
November 6, 2021

Four hundred private jets, an 85 car motorcade with President Biden, two of the one hundred Zimbabwean delegates pictured coming out of Costco laden with

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