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Browse releases

Bloomberg – Londoners Escape Worst of Inflation Crisis With Big Pay Hikes
January 24, 2023

Real wages are falling less in the capital than elsewhere Findings add to pressure for government ‘leveling-up’ strategy London residents are weathering the cost-of-living crunch better than people in the rest of the UK, one research group concluded. Residents of the capital saw their real wages adjusted for inflation slip by £9 ($11.13) a week

The Irish News – Household spending power in Northern Ireland ‘by far lowest in UK’
January 24, 2023

HOUSEHOLDS’ spending power in Northern Ireland is fast diminishing as the cost of living crisis continues to bite. The region endured the UK’s largest percentage fall in discretionary household income in the last three months of last year, according to the latest Asda Income Tracker. Money left over after all priority bills were paid declined

Bloomberg – The Global Economy Needs a New Powerhouse. India Is Stepping Up
January 24, 2023

Prime Minister Narendra Modi wants to make India a developed nation. How soon can a country once synonymous with red tape become a $10 trillion economy? India’s economic transformation is kicking into high gear. Global manufacturers are looking beyond China, with Prime Minister Narendra Modi stepping up to seize the moment. The government is spending nearly

World Economic Forum – India at Davos 2023: From energy transition to gender parity, here are 5 highlights
January 24, 2023

From the economy to the energy transition, India’s action on crucial global issues was a major topic of discussion at the World Economic Forum’s Annual Meeting 2023 in Davos, Switzerland. By 2035, India will become the third $10 trillion economy, the Center for Economics and Business Research (CEBR) predicts. Here are five highlights on India

Evening Standard – Hunt ‘wants to extend 5p fuel duty cut another year’
January 24, 2023

The Chancellor wants to extend the reduction in the price of petrol and diesel The Chancellor is reportedly planning to extend the 5p fuel duty cut for another year if the economic outlook improves. Jeremy Hunt wants to extend the reduction in the price of petrol and diesel in his spring budget if public finances allow, The Times reports. There are concerns that imposing

Higher earnings growth and lower inflation rates are causing a ‘levelling down’ among UK regions, with real weekly earnings down by just £9 in London in the year to Q4 2022, compared to £19 across the country as a whole
January 23, 2023

As the Government this week unveiled the second round of its Levelling Up funding, amounting to £2.1 billion, renewed focus has been placed on the disparities between the economic prospects of the UK’s regions and nations. This is a pressing issue for the UK economy, and one that has taken a backseat in recent months.

The Times – Going up or down — what next for house prices?
January 20, 2023

Sellers and buyers are returning but have very different expectations Crystal balls had been polished, a mini-budget had wreaked havoc, the economy was tipping into recession and there was only one way that property prices could go — and that was down. Then, amid the reports of thousands of pounds being shaved off prices by

CNN – India flexes its muscle at Davos as China’s star fades
January 20, 2023

Davos, Switzerland (CNN) The promenade at the World Economic Forum, dusted in a blanket of fresh snow, is cluttered with signs and pavilions from companies and governments courting attention or deals. There’s the tech giants, the major consulting groups, representatives from the Middle East. But this year, dominating the main street in Davos are emissaries from

Dhaka Tribune – When will Bangladesh’s economy reach the $1tn milestone?
January 20, 2023

The country is moving ahead to become a strong economy in the next decade, with its GDP reaching the $465-billion mark in 2022 In the post-Covid era, while many developed countries are weighed down by the global economic crisis triggered by the Ukraine war, Bangladesh has maintained an average growth of 6.4% despite facing challenges. 

Globetrender – Gen Z and Millennial travel intentions revealed for 2023
January 20, 2023

Research shows that Gen Z and Millennial travellers plan to take longer trips in the year ahead, as well as live in multiple cities. Rose Dykins reports Research from extended-stay accommodation provider, Edyn, reveals what Gen Z and Millennials want from travel this year – and how the hospitality sector needs to evolve to remain

YouGov – Consumer confidence sees a small New Year bounce as outlook for household finances improves
January 20, 2023

Consumer confidence saw a slight increase over December (+1.0)  Index improves thanks to rising short-term (+3.3) and forward-looking (+8.8) household finance measures   Retrospective house value measures continued to decline (-6.3) but outlook saw a mild uptick (+1.2)   Consumer confidence saw a slight uptick in December 2022, according to new analysis from YouGov and the Centre

The New Statesman – Why strikers now have the upper hand
January 18, 2023

The pool of available workers remains vanishingly small. That puts unions in a position of strength. As the previous economic crisis snowballed in 2008, one of the first things companies did was tighten their belts. Mass redundancies and administrations became commonplace, and many people, from Lehman Brothers bankers to Woolworths shop-workers, found themselves out of

more2life – Almost two in five over-55s saw costs exceed income in 2022
January 18, 2023

Almost two in five over-55s (39%) said that their outgoings exceeded their income during parts of 2022, new data from more2life and economics consultancy Cebr has found, with a growth number turning to unsecured borrowing to cover shortfalls.  The research also revealed that the number of people whose spending exceeded their income every month has

The Independent – The true impact of strikes in Britain revealed — £6bn and counting
January 17, 2023

Warning of ‘unsustainable’ hit comes as number of working days lost to strikes hits 30-year high Rishi Sunak’s government has been warned about the crippling impact of ongoing industrial unrest across Britain, as new analysis shows recent strikes have caused a £6bn hit to the UK economy. The damage is not limited to the economy, with schools set for

Finextra – What the banks vs fintech debate gets wrong
January 17, 2023

The boom in real-time payments is reverberating across the world, and by 2026 they will make up 25% of all electronic payments. Market forces and the global pandemic accelerated adoption to new levels, providing consumers and businesses cheaper, faster and more efficient ways to pay — and there’s no looking back.   And as more and

Research Live – Consumer Confidence Up in December
January 17, 2023

UK – Consumer confidence in the UK rose slightly in December driven by significant improvements in outlook for household finances, according to analysis from YouGov and the Centre for Economics and Business Research (Cebr). In its December survey, which is based on around 6,000 interviews conducted every month, YouGov and Cebr said there was a one-point increase

BQ Prime – Davos WEF 2023: Climate Leader India Can Show The Way To World
January 17, 2023

As the 53rd World Economic Forum Annual Meeting is underway at Davos, climate change and India are taking centre stage. The theme of the meeting this year, Cooperation in a Fragmented World, emphasises the importance of working together—across nations, businesses, and individuals to tackle some of the world’s most pressing issues.  India At Davos Davos

The Telegraph – Households blow through lockdown savings as bills soar
January 16, 2023

Six in ten households have spent their pandemic savings to keep up with inflation The majority of families have now spent all their pandemic savings as inflation forces people to dip into rainy day funds, new research suggests. Six in ten households have spent all their savings to “maintain their lifestyle”, the Centre for Economics and

The Manufacturer – GEEKVAPE invests over £120m in smart manufacturing centre
January 16, 2023

GEEKBAR, a vape technology brand, is taking intelligent manufacturing to new heights by investing more than £120m into setting up a futuristic production facility, as part of its growth plans in the UK and to continue to be a leading vape brand of choice amongst British retailers. The two-year-project will see some of the most

Bloomberg – Inflation And Tax Breaks Making Inequality Worse, UK Groups Say
January 16, 2023

THE divide between the richest and poorest families in the UK is being made worse by sky-high inflation and “unnecessary” tax breaks, a pair of think tanks warned. The UK’s least well-off households are significantly more pessimistic about their ability to keep spending than their wealthier counterparts, according to data from the Centre for Business

Poorest households significantly more pessimistic than richer ones as new analysis shows 60% of consumers have burned through all their Covid savings maintaining their lifestyles amid the cost-of-living crisis
January 16, 2023

The December edition of the YouGov/Cebr Consumer Confidence Index released last week saw consumers grow less pessimistic with a 1.0 point improvement in the overall confidence score, which now stands at 95.9. The rise was driven by gains in the short-term (+3.3) and forward-looking (+8.8) household finance measures. Given the ongoing cost-of-living pressures and corresponding

The Times – Rishi Sunak could get a £10 billion windfall from falling energy prices
January 13, 2023

Falling energy prices will give the government a windfall of nearly £10 billion before the budget and drive down inflation by a further 3 per cent, economists said. The wholesale cost of gas has fallen to levels last seen before Russia invaded Ukraine last year, meaning that household bills in June will be below the

Property Reporter – 2023 – the year for purchasers or landlords?
January 13, 2023

Capital Economics expects prices to fall by 12% through to 2024, the Centre for Economic Business Research believes that prices will fall by 8-10% during 2023, and Zoopla says that if the market falls by 5%, we will see most of the “current over-valuation reversed by December 2023” The truth is that some or none of these pricing forecasts

Reuters – Pessimism among UK consumers eases as inflation peaks, poll says
January 12, 2023

LONDON, Jan 12 (Reuters) – British consumers turned a little bit less pessimistic in December as inflation started to fall back from historic highs, a survey published on Thursday showed. Polling firm YouGov and consultancy Cebr said their overall consumer confidence index rose by 1 point from November although at 95.9 it remained stuck in

The Washington Post – Why Strike-Averse Britain Is Gripped by Industrial Action
January 12, 2023

Britain isn’t accustomed to the waves of labor unrest that can be a fact of life in countries where the right to strike is enshrined in law. Until recently, it appeared that coordinated industrial action was largely a thing of the past, thanks partly to union-busting reforms pushed through by Prime Minister Margaret Thatcher in

The Telegraph – How far house prices will fall, according to the experts
January 12, 2023

House prices are widely expected to fall this year, as soaring mortgage rates substantially cut how much buyers can borrow. But there is a wide gulf between the predictions that various property experts have issued. They range from falls of 12pc, forecast by analysts Capital Economics and Oxford Economics, to modest slumps of 1pc to

The Guardian – New energy bills support package for business is not finely targeted, but broadly reasonable
January 11, 2023

A perfect energy support package, whether for households or business, would be targeted at those most in need. That is not what the chancellor, Jeremy Hunt, delivered on Monday as he dialled down the generosity in post-March arrangements for business. The new formula is not quite one size fits all, but it’s not far off. Energy-intensive

Forbes España – El número de pymes en España crecerá en 63.000 en tres años, un aumento interanual del 0,8%, según Sage
January 11, 2023

Las pymes «resistirán» la actual incertidumbre económica y se prevé que se creen 63.000 nuevas pequeñas y medianas empresas entre 2022 y 2025, lo que supondría un crecimiento anual del 0,8%, según ha publicado Sage en su estudio ‘SMBs Driving Economy Recovery’, desarrollado en colaboración con el Centro para la Investigación Económica y de Negocios

Invest India – India’s growing strides towards 10 trillion dollar economy
January 11, 2023

India is currently a $ 3.1 trillion economy. It took India 60 years since Independence to become one trillion-dollar economy, but the next trillion dollars was added only in 7 years. The 3rd trillion was added in just 5 years in 2019. The growing momentum could see India add on average 1 trillion dollar to

Express – NHS would save more than £600m a year if half of smokers switched to vaping says report
January 10, 2023

As Brits set new year’s resolutions to go on diets or give up smoking a report has suggested that giving up traditional cigarettes for safer e-cigarettes such as vaping could boost the British economy by billions. A major report – Economic impact assessment of the vaping industry – by the Centre for Economics and Business Research (Cebr) has

The Times – Small firms ‘will rebound to turn over more than ever’
January 10, 2023

Small and mid-sized businesses will contribute more of UK business turnover by 2025 as they bounce back quickly from the expected recession, researchers have predicted. Forecasters at the Centre for Economics and Business Research analysed growth trends after the financial crisis in 2007 to 2009 and from these estimated that by 2025 the number of

Sage and CEBR forecast positive UK economic growth with SMBs set to contribute an extra £160bn of turnover by 2025
January 10, 2023

Sage Press Release, January 10 2023 Analysis by the Centre for Economics Business Research (Cebr) for Sage forecasts that the number of SMBs in the UK will increase by 342,000 by 2025. SMBs’ financial turnover is projected to increase by £160 billion in the same period – outperforming the expected growth rate of turnover in

The Times – Gas price dip signals £13bn ‘windfall’
January 10, 2023

Tumbling gas prices thanks to unseasonably warm weather could save the government billions of pounds in energy subsidies and debt interest payments, raising questions about how the chancellor might spend the money instead. Analysts have calculated that the Treasury could save the estimated £13 billion it planned to borrow to pay for a household energy

This is Money – Plummeting gas prices may ease inflation and speed economic recovery, CEBR report says
January 10, 2023

Falling energy prices will ease inflation, reduce peak borrowing costs and boost economic recovery later this year, says a new report. An exceptionally warm winter in western Europe means the price of gas – now around £1.80 a therm – is lower than before Russia’s invasion of Ukraine almost a year ago.  Demand is also

New year, new gas price forecast – enough to stave off a recession?
January 9, 2023

A month ago, our assumption about the wholesale gas price was that it would stay around £2.50 per therm on average through the next financial year, with the price rising during the year as the world and especially the European economies recovered from the second half of 2023 onwards. However, prices have tumbled in recent

The Scotsman – Edinburgh and Glasgow to be among fastest-growing UK locations as country emerges from recession in H2
January 6, 2023

Edinburgh and Glasgow are set to see their economies rank amongst the fastest growing in the UK as the country emerges from recession in the second half of this year, according to a new study. Law firm Irwin Mitchell, which has an office on Glasgow’s West Regent Street, has revealed its latest City Tracker that

Huddersfield Hub – Huddersfield Economy Amongst ‘Least Hard Hit’ By Cost-Of-Living Crisis And Return To Growth Expected In Late 2023, Says New Study
January 5, 2023

A new study has some good news for the Huddersfield economy at the start of 2023. The Irwin Mitchell City Tracker expects Huddersfield’s economy to return to growth in the second half of this year. The City Tracker study has been produced by the Centre for Economics and Business Research (Cebr) and examines 50 locations

Business Cheshire – Manchester’s economy to see sluggish growth as UK emerges from recession in mid-2023, says report
January 5, 2023

Liverpool, Birmingham and Edinburgh expected to grow more quickly than Manchester Report reveals contrast in growth between performance of economies in Greater Manchester and city centre Manchester’s economy will return to growth in the final three months of 2023 but at a slower rate than Liverpool and other large cities including Birmingham and Edinburgh, according

City A.M. – As the Internet turns forty, we must invest in digital skills to make London the epicentre of a new wave of innovation
January 5, 2023

The modern Internet as we know it officially turned middle-aged on the first day of January 2023. It’s no exaggeration to say it has transformed our human existence. From online learning and dating, to managing our finances and making each other laugh, the degree to which the Internet has shaped our lives in a relatively

The Telegraph – With strikes paralysing Britain, bosses have lost their grip on where we work
January 5, 2023

When RMT union members closed the London Underground last March, Transport for London assumed a similar role to health chiefs during the coronavirus pandemic.  Rather than telling white collar workers to find alternative means of transport to get to the office – as was customary pre-Covid – TfL advised people to “work from home if

Daily Mail – Rail commuters are told to brace for ‘Tragic Thursday’ tomorrow with just 10% of services running on the worst day of action in decades – but drivers are set to be offered £2,000 rise to end disputes
January 5, 2023

Train drivers may be offered an extra £2,000 a year as part of a new pay incentive to end the winter strikes chaos, while Britain is braced to endure one of its largest rail strikes ever tomorrow with just one in ten services running. Most unions are expected to reject the new package, worth four

Falling house prices, a UK recession and weak financial markets – Our Top Ten for 2023…
December 30, 2022

2023 doesn’t look a great year for the UK – but the shafts of light are that inflation will be on its way down and the economy should start to recover at some point in the year What did we get right last year? After an extraordinary year, I was amazed to find that our

BusinessWorld – Philippines projected to be 27th biggest economy by 2037
December 28, 2022

THE PHILIPPINES is poised to become the 27th largest economy in the world by 2037, as gross domestic product (GDP) growth is expected to average 5% over the next 15 years, a report showed.  In its World Economic League Table (WELT) 2023, the Centre for Economics and Business Research (CEBR) said the Philippine GDP is expected

EL CEO – 2023 llegará con una recesión mundial ante lucha contra la inflación: CEBR
December 28, 2022

El Centro de Investigación Económica y Empresarial (CEBR, por sus siglas en inglés) pronostica que para 2023 la economía mundial deberá afrontar una recesión debido a que diversas economías se contraerán por las medidas implementadas para combatir la inflación. Durante 2022 la economía mundial superó los 100 billones de dólares, sin embargo, para el próximo año se estancaría a

The Business Standard – Bangladesh projected to be 20th largest economy by 2037
December 28, 2022

Bangladesh’s long-term outlook looks brighter as a leading London-based think tank projects the country to become the 20th largest economy out of 191 countries by 2037, owing to its macroeconomic stability, strong remittance flows and a robust export market. The Centre for Economics and Business Research (CEBR) last year projected that Bangladesh would become the

Fortune India – Global inflation to remain ‘front and centre’ in 2023 as well: CEBR
December 28, 2022

The battle against inflation is not won yet. The fact that core inflation rates, which strip out volatile food and energy prices, have crept up across developed economies, says a CEBR report. Though price growth deceleration has started to happen in some economies, there still remains volatility in global energy markets and entrenched core inflation

The Economic Times – India to become $10-trillion economy by 2035: CEBR
December 28, 2022

India will become the third economic superpower by 2037 and a $10-trillion economy by 2035, Centre for Economics and Business Research (CEBR), a leading London-based consultancy, has said. Published on Monday, the report said the world is moving towards recession. However, over the next five years, the annual rate of India’s GDP growth is expected

The Telegraph – Britain will stagnate on world stage after Jeremy Hunt tax raid, warns CEBR
December 28, 2022

Long-term damage will derail growth that would have seen UK overtake Germany, consultancy warns Jeremy Hunt’s tax raid will leave Britain stagnating on the world stage, according to new analysis that shows the Chancellor’s attack on aspiration will leave the country languishing behind other economies for the next two decades. The Centre for Economics and

Bloomberg – World Economy Is Headed for a Recession in 2023, Researcher Says
December 28, 2022

High interest rates take a toll as inflation remains a threat China not forecast to pass US as largest economy until 2036 The world faces a recession in 2023 as higher borrowing costs aimed at tackling inflation cause a number of economies to contract, according to the Centre for Economics and Business Research. The global

iNews – Brexit hopes of faster growth than EU dashed as UK economy downgraded due to political turmoil and tax hike
December 28, 2022

The Centre for Economic and Business Research said the UK would grow slower than expected but remain the world’s sixth-largest economy Post-Brexit hopes that Britain could grow its economy faster than the rest of Europe will be dashed because of turmoil in Westminster and the need for “much higher taxes”, a leading think-tank has warned. The Centre

The Times – China’s growth knocked off course by Covid lockdowns
December 28, 2022

China is not expected to overtake the United States as the world’s biggest economy until 2036 after repeated coronavirus lockdowns stifled growth in the country, forecasts show. Two years ago, China was expected to overtake the US by 2028. Last year, the forecast was delayed until 2030 and now the Centre for Economics and Business

World Economic League Table 2023
December 26, 2022

A world economic league table with forecasts for 191 countries to 2037. The latest edition, WELT 2023, comes at a time of significant change in the world order and heightened global economic uncertainty. It is Cebr’s 14th annual world economic outlook report.

Legal and General – Inflation sets Christmas spending power back a decade as consumers pay more for less
December 20, 2022

Research conducted by Legal & General, in partnership with The Centre for Economics and Business Research (Cebr), has today revealed that UK households will spend a near record of £560 over Christmas, far more than they did in 2019 while receiving much less due to inflation. Collectively, UK households will spend £15.7 billion on Christmas

Grantham Journal – Marston based Radiant Heating Solutions will stay in the village after Openreach full fibre broadband installed
December 20, 2022

Full fibre broadband offers download speeds of one gigabit per second (1Gbps), which means it’s up to 16 times faster than the average home broadband connection. It’s also less affected by peak time congestion. The Centre for Economics and Business Research (Cebr) estimates that connecting everyone in the region to full fibre would create a

Eight months of strike action to have cost the UK economy at least £1.7bn, adding to existing recessionary pressures
December 19, 2022

The rising cost of living has been the dominant economic subject in the UK over 2022. Data from the Office for National Statistics (ONS) released this week show that employees are currently experiencing the sharpest real earnings contraction in 13 years. As such, with earnings falling short of inflation for many, a secondary theme of

The Guardian – Bank of England warns UK housing market has weakened as it lifts interest rates again – business live
December 15, 2022

The Bank of England is walking a narrow path, as it tries to limit inflation without causing an even deeper recession, says Josie Dent, Managing Economist at the CEBR think tank. In particular, by raising rates, the Bank is increasing costs for the millions of households that will face higher mortgage costs from next year onwards. This will mean

Zonebourse – La Banque d’Angleterre ralentit sa hausse des taux
December 15, 2022

Et l’inflation, si elle a reculé à 10,7% en novembre, reste à un sommet en près de 40 ans, alimentant une crise du coût de la vie dans le pays où les grèves se multiplient. “En montant ses taux, la Banque augmente les coûts pour des millions de foyers qui vont faire face à des

Fintech Finance News – EXCLUISIVE: “Levelling up” – Somya Patnaik, ACI Worldwide in ‘The Paytech Magazine’
December 13, 2022

The title of a recent ACI Worldwide report makes no secret of the fact that it believes real-time payments are about to ‘have their day’ – it predicts a usage explosion in the coming years. The payment giant’s Prime Time For Real-Time 2022 report, measured 118.3 billion real-time transactions worldwide last year (representing 64.5 per

The Vietnam Post – How much does Vietnam’s GDP rank in Asia when it exceeds 1 trillion USD?
December 12, 2022

According to CEBR’s World Economic League Table 2022 report, in 2022, Indonesia’s GDP will lead in ASEAN and fifth in Asia, reaching about $1.927 billion. Following Indonesia is Thailand with a GDP of about 586 billion USD, ranking 2nd in ASEAN region, 8th in Asia in 2022. Along with that, Malaysia, Vietnam, Philippines, Singapore, Myanmar,

Intelligent CIO – European businesses could unlock €622 billion growth with Digital Transformation
December 12, 2022

Research released by Ricoh Europe has revealed that Digital Transformation could increase EU and UK GDP by 3.4% over the next five years – equivalent to €622 billion of growth. The research, conducted by Opinium and analysed by CEBR on behalf of Ricoh Europe, polled 6,000 workers and 1,500 decision-makers across the UK, Ireland, France,

Journal Break – Four-way split on rates looms at Bank of England as strikes stoke downturn
December 12, 2022

The hospitality and tourism industry is expected to be hardest hit by the rising strikes, which will further dampen economic activity. The Center for Economic and Business Research (CEBR) estimates that by the end of January, rail strikes will hurt GDP by almost £500m. Doug McWilliams, founder of CEBR, said: “Rail strikes are impacting GDP

The Times – Winter World Cup warms up pubs and bars
December 12, 2022

The CEBR points to RPI data suggesting that the average price of a pint in October rose by 5.9 per cent on a year ago to £4.15, putting off consumers amid high energy and food costs. The switch to a winter World Cup has also been a hindrance rather than a help, as customers opt to stay

The Telegraph – Four-way split on rates looms at Bank of England as strikes stoke downturn
December 12, 2022

The hospitality and travel industries are expected to be hardest hit by growing industrial action that will further dampen economic activity. The Centre for Economics and Business Research (CEBR) estimates that the rail strikes will cause a near £500m hit to GDP by the end of January. Doug McWilliams, founder of the CEBR, said: “The

Yorkshire Live – Huddersfield ‘fastest growing in UK’ for sport despite plan to close leisure centres
December 12, 2022

The report by law firm Irwin Mitchell and the Centre for Economics and Business Research revealed Huddersfield’s sports-related activity generated an additional £8m between the years of 2019 and 2020, seeing an increase from £52.7m to £60.7m. Again, this comes despite the difficulties experienced during Covid and occurred alongside an increase in employment in the

Yahoo News – House prices: Should you buy or sell your house next year?
December 9, 2022

As house prices are set to fall further, sellers may also want to get ahead of the decline. Economists at Pantheon Macroeconomics have forecast a decline of 8% over the next year, while the Centre for Economics and Business Research (Cebr) said UK house prices are expected to fall by 4.5% on average in 2023. However, this

Yorkshire Post – Yorkshire sports economy grew during Covid lockdown as rest of country shrunk
December 8, 2022

And not only that, our region outperformed the rest of the UK despite the challenges created by Covid. According to a joint report conducted by law firm Irwin Mitchell and the Centre for Economics and Business Research (Cebr), entitled ‘Competing for Growth’, there were only eight cities in the whole of the UK that experienced growth in

Business News Wales – Openreach to Connect Yr Wyddfa Summit – The Highest Broadband Connection in the UK
December 8, 2022

With a workforce of around 2,300 in Wales, Openreach already employs the nation’s largest team of telecoms engineers and professionals. Across Wales more than 100,000 homes and businesses have already ordered a full fibre service from a range of retail service providers using the Openreach network. But this means that thousands more could be benefiting from some of the

This Week in FM – BESA Says Building Owners are Missing out on ‘Easy Energy Savings’
December 7, 2022

BESA’s comments are in light of new data from the Centre for Economic and Business Research (CEBR) which found that UK businesses and homeowners were missing out on over £3 billion worth of savings every year due to a lack of energy efficiency awareness and financial incentives. Turning down thermostats and heating flow temperatures, having

Yahoo Finance – Real-Time Payments Could Unlock $271 Million of Additional GDP to New Zealand’s Economy by 2027
December 7, 2022

Exclusive Cebr economic impact study reveals macroeconomic benefits and cost savings for consumers and businesses if real-time payments were to be introduced in New Zealand MIAMI & AUCKLAND, New Zealand, December 01, 2022–(BUSINESS WIRE)–New Zealand’s economy could benefit from additional economic growth of $271 million, or 0.1%, by 2027 — if the country were to

Leading Britain’s Conversations – Andrew Marr: ‘Will strikes misery get so acute the government has to surrender to pay rise demands?’
December 7, 2022

“The hospitality sector reckons it will lose around 1.5 billion. The Centre for Economics and Business Research estimates that strikes which stop people getting to work will, by themselves, cost Britain £700 million pounds of lost output. “So folks I want to ask a question today – a genuine question, I don’t know the answer

Valor Investe – Na ‘Copa do Mundo’ do open finance, Brasil dispara na liderança
December 6, 2022

O Brasil ocupou a 35º posição no índice global de inclusão financeira, divulgado pela Principal Financial Group e pelo Centre for Economics and Business Research (Cebr). O índice é dividido entre apoio do governo, sistema financeiro e do empregador. Tendo analisado 42 países, o Brasil obteve nota 33,9 – ficando atrás da Índia, Quênia, Turquia e África do Sul. O

Energy Live News – Millions of households ‘could miss out on government’s energy efficiency grants’
December 6, 2022

The new energy efficiency grants announced last week by the government are set to support just 3% of those households who could benefit. The Sunday Telegraph reported that millions of eligible households might not be able to access these grants because of the strict guidelines set out by the government. Last week, the government confirmed that the

Convenience Store – How much is the vaping category worth in the UK?
December 5, 2022

An analysis of the category, carried out by the Centre for Economics and Business Research (CEBR) on behalf of the UK Vaping Industry Association (UKVIA), found that the vaping sector grew by 23.4% from 2017 to 2021, an increase of £251m, and stood at £1.325bn in 2021 alone. The report also found that when indirect

Business Wire – Real-Time Payments Could Unlock $271 Million of Additional GDP to New Zealand’s Economy by 2027
December 5, 2022

MIAMI & AUCKLAND, New Zealand–(BUSINESS WIRE)–New Zealand’s economy could benefit from additional economic growth of $271 million, or 0.1%, by 2027 — if the country were to introduce a domestic real-time payments scheme, according to a study by the Centre for Economic and Business Research (Cebr) — commissioned by ACI Worldwide (NASDAQ: ACIW), a global leader in

OilPrice.com – European Jobs Market Remains Strong As Recession Looms
December 5, 2022

“The currency bloc’s economy is faced with a mounting set of economic challenges,” Benjamin Trevis, an economist at the Centre for Economic and Business Research (CEBR), said. “Inflation, though down on the previous month, stood at ten percent in November, the second highest level on record. All else equal, high inflation will erode spending power

The Telegraph & Argus – Bradford’s sports economy worth £79 million report shows
December 5, 2022

A joint report – “Competing for Growth” – by law firm Irwin Mitchell and the Centre for Economics and Business Research (Cebr) has been produced to highlight the vital role of the UK’s sports economy and how further growth can be unlocked. The report shows Bradford’s total sport-related GVA (gross value added) for 2019 was £74.7 million

The government’s new ECO plus energy efficiency scheme can save households hundreds of millions of pounds, but still leaves billions up for grabs
December 5, 2022

A recent Cebr report for Grundfos has found that UK homes and businesses are losing out on £3.1 billion worth of savings per annum due to barriers preventing energy efficiency improvements. The government’s new ECO plus scheme will help plug this gap, by saving UK homes about £124 million per annum, but it will still leave upwards

Bleak Friday – discounts unlikely to save retailers as consumers cut back spending by £1.5 billion across Q4
November 25, 2022

Black Friday discounts may attract some shoppers hoping for a bargain on their Christmas shopping, but are unlikely to save struggling retailers from the rising number of insolvencies in the sector. The cost-of-living crisis, combined with warnings that discounts are often more generous at other times of year and the threat of a Royal Mail

ASPPA – Small Businesses Fall Behind in Providing Financial Support
November 23, 2022

A U.S.-focused analysis of the 2022 Global Financial Inclusion Index, sponsored by the Principal Financial Group and conducted by the Centre for Economics and Business Research (Cebr), reveals a clear association between business size and what financial support businesses provide their employees.  Specifically, larger businesses score considerably higher than small businesses on the level of support

Offshore Energy – New initiative launched to encourage ports to accelerate zero-emission efforts
November 23, 2022

Ports for People is campaigning to end port and shipping pollution by encouraging more decisive action in the fight for environmental justice and climate survival, where ports are recognized as one of the key players on the decarbonisation path. Recently, the UK maritime sector has also called on the government to supercharge the delivery of energy network

The Independent – Britons wasting £3.1bn a year on energy because efficiency upgrades ‘too expensive’
November 23, 2022

As a result, the authors are calling for a public awareness campaign to improve energy efficiency and help save businesses and households money. Rowlando Morgan, the CEBR’s head of environment, infrastructure and local growth, said: “The outcomes of the paper underscore a critical lack of awareness as a key barrier preventing the adoption of energy-efficient measures,

Grundfos launches report on ‘Powering Energy Efficiency’ in the UK and Germany
November 23, 2022

The report focuses on policy context and recommendations for both countries. Words taken from Grundfos’ press release. Improving quality of life for people is at the heart of our business, which is why we collaborated with Centre for Economics and Business Research (Cebr – an independent London-based economics consultancy) to produce the ‘Powering Energy Efficiency’

L’Economia – Pronostici Qatar 2022, per i Lloyd’s vincerà l’Inghilterra: il modello del «valore assicurabile»
November 22, 2022

Lloyd’s puntano sul “triplete” di pronostici vincenti ai Mondiali. Dopo il 2014 e il 2018, in cui avevano preannunciato i successi rispettivamente di Germania e Francia, secondo la corporazione britannica di assicurazioni, in Qatar (Paese che ospita il Mondiale, dal 20 novembre al 18 dicembre) sarà l’Inghilterra ad alzare il trofeo più ambito dai calciatori, la Coppa

Offshore Energy – New initiative launched to encourage ports to accelerate zero-emission efforts
November 22, 2022

Recently, the UK maritime sector has also called on the government to supercharge the delivery of energy network infrastructure to ports with new research and a transformational funding program. The call came as the sector’s trade associations, the British Ports Association and the UK Major Ports Group, released a summary of data produced by The

HR News – Just £128 monthly increase in cost of essentials will take Brits to breaking point
November 22, 2022

Commissioned with the Centre for Economics and Business Research (Cebr) and supported by consumer insights from among 3,000 adults in the UK, the annual update of the combined LifeSearch Health, Wealth and Happiness Index reveals further falls over the last six months, with the Index reaching 79.0 at the end of the third quarter 2022

Property Notify – UK Homes & Businesses Losing £3.1 billion in Savings Due to Energy Efficiency Improvement Barriers
November 22, 2022

However, households and businesses are not considering the longer-term gains of energy efficiency as a solution to the tough economic climate – an issue explored in the Cebr’s latest report ‘Powering Energy Efficiency’ published today, created in collaboration with Grundfos. This report closely follows an autumn statement in which the Chancellor pledged to invest a

The Times – Nicola Sturgeon has an opportunity to be radical on tax
November 21, 2022

Don’t take my word for it. Doug McWilliams, deputy chairman of the Centre for Economic and Business Research (CEBR) told me: “The measures to boost growth are a damp squib and seem unlikely even to reverse the negative impact of the higher corporation tax already announced. It’s hard to see the country getting out of

Index HR – Engleski analitičari prognozirali prvaka svijeta. Pogodili su 2018. i 2014.
November 21, 2022

CENTRE for Economics and Business Research (CEBR), tvrtka koja se bavi analizom ekonomskog tržišta, izračunala je prema već razrađenom modelu tko bi trebao osvojiti naslov svjetskog prvaka u Kataru. Nakon što je CEBR točno predvidio da će Njemačka osvojiti 2014. godine i Francuska 2018. godine, u Kataru bi po njima zlato trebala osvojiti Engleska. Njihova

The Comet – Spending power of families shrinking as Christmas approaches – study
November 21, 2022

After paying tax and essential bills in October, the average household had £203 per week left – the lowest amount since August 2018 – the report from Asda found. The index measures the amount of discretionary income UK households have left over to spend after essential bills such as groceries, energy, transport, mortgages or rent,

Daily Mail – Get Britain back to work: The pandemic has produced a big rise in inactivity and we must restore the nation’s work ethic, says RUTH SUNDERLAND
November 21, 2022

The pandemic has produced a big rise in inactivity: numbers are up by 630,000. The biggest drivers are long-term sickness, accounting for 2.5m people, and early retirement, which encompasses over 1m more.  Some of it is entirely legitimate and unavoidable, for instance due to long Covid. But others have opted out of work of their own

Insurance Day – Viewpoint: World Cup fever in the London market
November 18, 2022

The event held by Lloyd’s and the Centre for Economics and Business Research predicting the winners of the 2022 Fifa World Cup in Qatar was an opportunity to highlight the significant role insurance can play in supporting players and the multibillion-pound industry of football Read the full article.

Invest Chronicle – The Clock Is Ticking: Principal Financial Group Inc. (PFG)
November 18, 2022

At the end of the latest market close, Principal Financial Group Inc. (PFG) was valued at $92.91. In that particular session, Stock kicked-off at the price of $93.34 while reaching the peak value of $93.95 and lowest value recorded on the day was $92.36. The stock current value is $89.41.Recently in News on November 15,

Expansión – Subida de impuestos generalizada en Reino Unido: todas las reacciones
November 18, 2022

Rentas altas, eléctricas y dividendos pagarán más. Reino Unido ya está formalmente en recesión, un escenario que, según las previsiones del Gobierno, ha venido para quedarse. Al menos en 2023. En el próximo año, la economía británica se contraerá un 1,4%, frente al crecimiento del 1,8% que se había. Read the full article.

London Post – Londoners will be forced to work and shower in the office, use food banks and take on debt this winter as cost-of-living crisis continues to bite
November 18, 2022

Commissioned with the Centre for Economics and Business Research (Cebr) and supported by consumer insights from among 3,000 adults in the UK, the annual update of the combined LifeSearch Health, Wealth and Happiness Index reveals further falls over the last six months, with the Index reaching 79.0 at the end of the third quarter 2022

Business News Wales -Jonathan Edwards MP Gets up to Speed with Full Fibre Build in Carmarthenshire
November 18, 2022

Openreach is on track to reach 25 million UK homes and businesses with access to Full Fibre ultrafast broadband by December 2026 and has already reached more than 500,000 properties across Wales. With a workforce of around 2,300 in Wales, Openreach already employs the nation’s largest team of telecoms engineers and professionals. Across Wales more than 100,000 homes

The Chancellor tightens the easy way – using inflation to squeeze budgets and reduce allowances. The really tough decisions have been left to whoever wins the election…
November 18, 2022

The UK economy is slipping into recession. Our own numbers are not very far apart from the OBR’s forecast of -1.4% GDP growth next year. Yet, driven by the Federal Reserve Bank, interest rates are still rising around the world and it will be hard for the UK to reverse that trend for a few

Reaction Life – Autumn Statement: Ship steadied for now, but Hunt’s growth measures are a damp squib
November 18, 2022

The UK economy is slipping into recession. Cebr’s numbers are not very far apart from the OBR’s forecast of -1.4 per cent GDP growth next year. Yet, driven by the US Federal Reserve Bank, interest rates are still rising around the world, and it will be hard for the UK to reverse that trend for a few more

Yahoo Finance – New Analysis From Principal(R) Reveals Employer Support for Financial Inclusion Differs by Job Sector
November 16, 2022

The U.S. is the second most financially inclusive market, according to the 2022 Global Financial Inclusion Index (Index) – driven largely by the financial system and employers’ support of individuals. However, a new U.S.-focused analysis of the Index, sponsored by Principal Financial Group® and conducted by the Centre for Economics and Business Research (Cebr), reveals an opportunity for

Cover Magazine – Cost of living causes further wellbeing deterioration: LifeSearch
November 16, 2022

The cost of living crisis is causing levels of financial, physical and mental wellbeing across the country to deteriorate even further, according to the latest update to LifeSearch’s Health, Wealth & Happiness Index. Commissioned with the Centre for Economics and Business Research (Cebr) among a nationally representative group of 3,000 UK adults, the update for

Business Wire – New analysis from Principal reveals employer support for financial inclusion differs by job sector
November 15, 2022

The U.S. is the second most financially inclusive market, according to the 2022 Global Financial Inclusion Index (Index) – driven largely by the financial system and employers’ support of individuals. However, a new U.S.-focused analysis of the Index, sponsored by Principal Financial Group® and conducted by the Centre for Economics and Business Research (Cebr), reveals an opportunity for employers

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