Blogs

YouGov – Consumer confidence rises as nearly every measure sees improvement
March 29, 2023

Good times, for a change? Well, we might not go that far. But consumer confidence increased from 98.3 to 100.4 (+2.1) in February 2023, according

The Independent – Work-related stress and burnout costing UK economy £28bn per year, research shows
March 29, 2023

People taking sick days because of work-related stress or burnout is costing the UK economy £28bn a year, according to new research which highlights the financial

The Telegraph – 55,000 working parents to be stuck in Hunt’s childcare tax trap
March 27, 2023

Fiscal drag will pull 55,000 working parents into Jeremy Hunt’s childcare tax trap over the next five years, analysis by the Centre for Economics and

The Scotsman – Openreach hails ‘significant milestone’ with ten million full-fibre connections
March 27, 2023

The BT-owned business said the roll-out of full fibre broadband across the country was part of an ambitious £15 billion infrastructure project. Since the pandemic,

Reaction – Surprise inflation rise in February is a headache for the Bank of England
March 27, 2023

UK inflation on the Consumer Prices Index (CPI) measure stood at 10.4% in February 2023, according to data released by the Office for National Statistics (ONS) this morning. Inflation therefore

The Institute of Export and International Trade – Anglesey Freeport could have key role in restoring ‘GB landbridge’, says trade experts
March 27, 2023

The announcement of two new freeports in Wales is good news for businesses moving goods over the Irish Sea, trade and customs experts have said.

Reaction – The UK’s growth stagnation
March 27, 2023

When the Chancellor stood up to deliver his budget last week, the latest quarterly GDP data showed UK GDP 0.8% lower than pre pandemic three years earlier while

The Flat White Economy is about to go flat – the UK’s tech economy powered through the pandemic but looks likely to fall back relative to that in other countries in the coming years
March 27, 2023

The collapse of Silicon Valley Bank draws attention to the continuing problems of the tech sector both in the US and here in the UK. While

International Business Times – Job seeker confidence ‘higher than during the Financial Crash’, new research shows
March 22, 2023

Jobseekers remain optimistic about their job security and career progression prospects, according to the Robert Half Jobs Confidence Index (JCI) released on Monday. Created in

Bloomberg – India to Splurge $12 Billion on Airports as Travel Rebounds
March 22, 2023

India will spend about 980 billion rupees ($12 billion) over the next two years on airports, with airline orders for hundreds of new planes to meet resurgent

The Telegraph – How Swiss banking went from a Rolls-Royce to a toxic mess
March 20, 2023

Swiss banking was long regarded as the Rolls Royce of finance – a byword for discretion, exceptional service and above all, safety.  But as Credit

LBC – Commentary: Check the fine print and Hunt’s Budget ‘looks a bit less impressive’
March 17, 2023

The Chancellor’s budget was well delivered and obtained a rousing reception (from his own side) in the House of Commons. We’ve now had a chance

The Hindu – Most Indian businesses to increase travel budget in 2023: AmEx-Cebr study
March 17, 2023

With business travel across domestic and international markets showing a rebound post-pandemic, some 77% of Indian businesses expect to increase their travel budget in 2023

Evening Standard – Consumer sentiment positive for first time since mini-Budget, YouGov/Cebr survey finds
March 17, 2023

Consumer confidence in February was positive for the first time since September 2022’s disastrous mini-Budget, according to a monthly survey by YouGov for the Centre for Economics and Business Research (Cebr).

While the Budget was distracting UK economists, a banking crisis was the real news…
March 17, 2023

The markets may have been unimpressed by yesterday’s Budget. But we will never know. The fall in both the equity and bond markets on Wednesday

Reuters – UK consumer mood improved in February
March 16, 2023

British consumers grew more confident in February, adding to signs of an improving economy, but households are still worried about the squeeze on their living

How to manage an economy that’s run out of growth …
March 15, 2023

Today’s Budget is the first against a background where economic growth in the UK has virtually ground to a halt. Official estimates of GDP for the

Reaction – Real pay growth witnesses worst performance since 2009
March 15, 2023

The UK unemployment rate stood at 3.7% in the three months to January, according to figures released by the Office for National Statistics (ONS) this

The Scotsman – Firms set for major connectivity boost as Openreach ups rollout of ultrafast full fibre across Scotland
March 15, 2023

The connectivity specialist, which says it builds and maintains the UK’s largest broadband network, is expanding its hi-tech offering that is up to ten times

International Business Times – The number of women in the financial markets grows every year despite stereotypes
March 14, 2023

As early as 1870, Victoria Woodhull became the first female stockbroker and Muriel Siebert also referred to as the “first woman of finance”, was the

The Telegraph – Rishi Sunak’s stealth tax raid will cost workers £78bn by 2028.
March 13, 2023

The deep freeze on tax thresholds will cost taxpayers billions of pounds more than initially expected, new analysis has revealed, because of the impact of

Reaction – UK economy’s January rebound is good news for the Budget
March 13, 2023

The UK economy grew by 0.3% month-on-month in January, according to data published by the Office for National Statistics (ONS) this morning. This followed December’s 0.5% contraction,

Is there really £60 billion to pay for goodies in the Spring Statement on 15 March?
March 13, 2023

Cebr has consistently pointed out that the fiscal outlook is nowhere near as bleak as official forecasts had indicated and data has emerged supporting our

The Scotsman – Over 65s are suffering with record energy prices due to their energy inefficient homes
March 10, 2023

A report has found 62 per cent of over 65s – as many as 7.75m – live in inefficient properties (EPC ‘D’ or below), compared

Financial News – Closing gender pay gap could unlock £147bn from women in finance
March 8, 2023

Women working in financial services could unlock up to £147bn of value for the UK economy by 2035 if wages increase and the gender pay

Raconteur – Why employees’ personal finances are now a business risk
March 6, 2023

The link between employees’ financial wellbeing and the overall health of a business may not seem obvious. But how staff feel about money – and

The Telegraph – Beijing in crisis as China faces a child-free future
March 6, 2023

Nobel Prize-winning economist Joseph Stiglitz declared almost a decade ago that 2014 “was the last year in which the United States could claim to be

Inflation is falling but the real test for the Bank of England is yet to come
March 6, 2023

Recent news on inflation has been mostly positive in the UK. In January, the Consumer Price Index (CPI) showed that annual price increases slowed for a

The economic benefits of digital skills and inclusion in the UK – Cebr gives evidence to the Lords Digital Committee
March 1, 2023

Cebr’s Head of Environment, Infrastructure, & Local Growth Rowlando Morgan gave evidence last week at the Lords Digital Committee’s digital exclusion hearings. Drawing on work

The Telegraph – Britain’s tax competitiveness is hurtling towards ‘cliff edge deterioration’
February 27, 2023

Jeremy Hunt will send Britain in a “drastically anti-investment direction” if he forges ahead with a planned increase in corporation tax, BT has warned. The telecoms

BBC News – Broadband must be accessible to all, peers told
February 27, 2023

Broadband should be made more accessible to people on benefits by encouraging them to use discounted deals designed for them, experts say. They told the

Renters at least four times more likely than outright homeowners to experience financial vulnerability as housing costs set to take centre stage in the cost-of-living crisis
February 27, 2023

Data released by the Office for National Statistics (ONS) this week provide rich insight into the nation’s recent experience with financial vulnerability. [1] The data, covering

Reaction – Earnings growth boosts public finances ahead of Spring Budget
February 22, 2023

Public sector net borrowing in the UK was in surplus of £5.4 billion in January 2023, according to figures released by the Office for National Statistics

The Times – Impact on global growth from China’s reopening will be ‘limited’
February 22, 2023

China’s economic reopening will provide a limited boost to world growth this year and is unlikely to lead to a surge in global energy price

Hopes that China’s reopening will save global growth in 2023 are likely misplaced – here’s why…
February 20, 2023

China’s abrupt dismantling of its ‘zero-Covid’ policy towards the end of last year has provided optimism amidst the gloom associated with the global economic landscape.

Elite Business – SMBs will drive economic recovery – but they require innovation to succeed
February 17, 2023

There is no doubt that the immediate economic picture for the UK is challenging and is likely to get worse before it will get better.

YouGov – Consumer confidence rises as the public get more optimistic about household finances
February 17, 2023

Consumer confidence increased by 2.4 points in January 2023   Short-term (+5.7) and forward-looking (+10.5) household finance measures saw significant improvements   House value measures for the

Reuters – UK consumer sentiment jumps in January: YouGov/Cebr survey
February 13, 2023

LONDON, Feb 10 (Reuters) – British households’ expectations for their personal finances over the next 12 months recorded a record jump in January as wholesale

The Spectator – Liz Truss vs the OBR
February 13, 2023

Liz Truss is on manoeuvres. She is spending lots of time where she is most comfortable, inside Westminster’s thinktanks, preaching her version of free-market economics.

The Telegraph – A mortgage repayment crisis is looming – and this age group will be hit the worst
February 13, 2023

Rising interest rates spell disaster for these debt burdened homeowners Older millennials are the age group most vulnerable to financial problems after taking on disproportionately

Reaction – Can the UK really dodge recession? One think tank says so
February 13, 2023

Will the UK economy swerve recession in 2023? If you’ve paid any attention to the news over the last few weeks, the answer would seem

BusinessNewsWales – Thousands Across Newport Missing Out on Faster Broadband
February 13, 2023

Less than 20 per cent of people and businesses who can upgrade to Ultrafast Full Fibre across Newport have done so – with thousands still missing out

Energy Voice – India faces up to its energy challenges
February 13, 2023

Competitive manufacturing centres are needed to ensure the cost of low-carbon technologies continues its precipitous fall over the past decade. If the energy story of

The new Department for Energy Security and Net Zero gives us a chance to reset energy policy
February 13, 2023

A new Department focused on the energy portfolio is a step forwards, and reflects a realisation by the government of the growing importance of energy.

The scope for improving public sector efficiency is immense but without the required investment it will remain elusive
February 6, 2023

New statistics released in the past week show that UK public sector productivity, far from rising from its depressed post-Covid level, had actually fallen by

The Telegraph – Why the IMF could be forced to eat ‘humble pie’ again
February 3, 2023

Small misjudgments can have real-world impacts – including the Chancellor’s decisions on tax and spending They call it the “dismal science” for good reason. The

Reuters – UK’s teachers and civil servants join mass strike on ‘Walkout Wednesday’
February 3, 2023

Tens of thousands of teachers march in London Prime Minister Sunak condemns strike Government says big pay rises will fuel inflation Schools shut, most trains

iNews – UK strikes: Wednesday’s mass walkout a ‘mini lockdown’ as Sunak urged to break deadlock to save economy
February 1, 2023

Modelling by the Centre for Economics and Business Research shows the direct cost of the single day’s action will be £94m, with a further estimated

Reaction – Don’t pay attention to the IMF’s UK forecast
February 1, 2023

The IMF’s latest forecast for the UK shows that, after the fastest growth in the G7 for two consecutive years, the UK is expected to

International Business Times – Global stocks drop as investors shrug off recovery hopes
February 1, 2023

Global stock markets slid Tuesday as Wall Street weakness offset positive economic data, while investors looked ahead to key interest rate decisions due this week.

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