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 association with the Centre for Economics and Business Research (Cebr), the Index reports on socio-economic factors influencing confidence in the UK labour market. The research revealed that while the JCI

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 travel demand putting pressure on existing infrastructure.  The world’s fastest-growing aviation market aims to boost the number of airports to 220 by 2025 from the current 148, for which private builders will

Swiss banking was long regarded as the Rolls Royce of finance – a byword for discretion, exceptional service and above all, safety.  But as Credit Suisse teeters on the brink, that reputation is so tarnished as to appear irrecoverable. Instead, years of dysfunction and mistakes mean parts of the industry are becoming regarded as the

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 to read the supporting documents and it looks a bit less impressive. What appeared to be quite an expensive and carefully worked out programme to bring people back into the

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 compared with 2022, a survey commissioned by American Express India with the Centre for Economics and Business Research (Cebr) said on Thursday. Manish Kapoor, VP and Head, Global Commercial Services (GCS),

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). The YouGov/Cebr Consumer Confidence Index was 100.4 in February, with a score above 100 indicating positive sentiment. The  index had plunged by 4.2 points in September – the month of the mini-Budget –

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 was all about the emerging banking crisis as the share price of Credit Suisse collapsed, not the Budget. While British economists were distracted by the Budget, one of the world’s

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 standards, a survey published on Wednesday found. A YouGov and the Centre for Economics and Business Research (Cebr) survey showed consumer confidence rose 2.1 points last month, increasing from 98.3

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 end of last year (Q4) is estimated to have been 0.8% lower than in Q4 2019 pre pandemic and yet the labour market remains tight with unemployment stubbornly below 4%.

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 morning. This was unchanged on the previous three-month period, ending in October. Indeed, the unemployment rate has remained constant for each of the last four readings. This measure is currently down

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 faster than the average home broadband connection in urban areas like Aberdeen, Edinburgh, Stirling and Glasgow and rural parts of regions including Fife, East Lothian, Highland, Aberdeenshire and Dumfries and Galloway during 2023. It adds

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 first woman to join the 1,365 male members of the stock exchange on 28 December 1967. She owned a seat on the New York Stock Exchange and was the first

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 soaring inflation.  The Prime Minister’s decision not to increase income tax bands with inflation will cost taxpayers an estimated £78n in extra tax between 2022 and 2028. The analysis, which

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, meaning that overall, the economy flatlined in the three months to January. While it is encouraging to see a return to growth for the UK economy, we believe that a recession in

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 view, especially the borrowing data for January. In the past week, other organisations have joined the debate. The venerable National Institute for Economic and Social Research is alleged to have

A report has found 62 per cent of over 65s – as many as 7.75m – live in inefficient properties (EPC ‘D’ or below), compared to 48 per cent of under 30s. The energy inefficiency of their homes is leading over 65s to pay £611 more per year on average for their energy bills compared

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 gap shrinks, according to a report by the London Stock Exchange. Analysis from the Centre for Economics and Business Research on behalf of the UK exchange found the contribution from

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 state of their finances – is potentially an important (if overlooked) aspect of business resilience. A workforce that is comfortable with personal finances can arguably increase a company’s productivity

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 the world’s largest economic power.” It was, he claimed, the start of the “Chinese century”. He was wrong: the US remains the world’s largest economy. Yet experts keep predicting that

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 third consecutive month to reach 10.1%, down from a near-term high of 11.1% last October. However, forecasts that inflation will now quickly fall back to the Bank of England’s 2%

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 carried out by Cebr for The Good Things Foundation on the economic impact of digital skills and inclusion in the UK, the committee heard that an investment of £1.4 billion

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 giant said the country was hurtling towards a “cliff edge deterioration in the tax environment for investment” ahead of an increase in the tax rate in April from 19pc to

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 Lords Digital Committee’s digital exclusion hearings that cutting VAT on broadband could help people who struggle with “digital exclusion”. Rocio Concha, of consumer group Which?, urged action to get more people on

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 September 2022 to January 2023, reveal that respondents’ housing status is one of the strongest predictors of individuals’ likelihood of experiencing some form of financial vulnerability, even when controlling for

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 (ONS) this morning.  Compared to a surplus of £12.5 billion in January 2022, the public finances were in a worse position on an annual basis. Aside from public sector net borrowing

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 inflation, a think tank has said. The Centre for Economics and Business Research estimates that China’s shift towards domestically generated consumer growth means there will be far more limited “spillover”

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. Indeed, many analysts believe that China’s reopening can provide an uplift to global GDP in an otherwise bleak outlook for the rest of the world, amidst elevated inflation, tighter monetary

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. Research shows SMBs will be instrumental to economic recovery in the UK.   There is no doubt that the immediate economic picture for the UK is challenging and is likely to

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 past 30 days (+3.7) and next 12 months (+5.8) also trended upwards  Job security and business activity metrics declined  Improving household finance and house value measures helped consumer confidence jump

LONDON, Feb 10 (Reuters) – British households’ expectations for their personal finances over the next 12 months recorded a record jump in January as wholesale gas prices fell, according to a monthly survey by market research company YouGov and economics consultancy Cebr. The overall YouGov/Cebr consumer confidence index rose by 2.4 points to 98.3, while

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. There are rumours she might assemble a new thinktank of her own, or work with an existing one, to set up an alternative to the Office for Budget Responsibility’s growth

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 large debts when interest rates were low. Buyers in their late 30s took out the largest mortgages in the 2021-22 financial year and will be under the most pressure when

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 to be a resounding no.  Yet the latest forecast from the respected National Institute of Economic and Social Research (NIES) think tank is for mild growth in every quarter next year, and

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 on faster, more reliable broadband services. Following a £9.3 million pound local investment, Openreach engineers have been busy building the network to make ultrafast speeds of up to one gigabit per second

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 first two decades of this century was China, that of the period to 2050 will be India. Over the next two decades, the South Asian giant will see more

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. However, “Energy Security and Net Zero” sounds like a dichotomy – can we really have both? I think that there is a way, but it will require bold decisions and

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 1.3% in Q3 of last year compared with Q2. And in in the second quarter it was already 6.8% lower than three years earlier pre covid or 8.6% lower than it

North-South wealth divide deepens, as St. James’s Place’s Financial Health Index reveals extent of economic disparity across the UK Overall financial health is seven times higher in the South East than in the North East – a significantly greater gap than this time last year In the last year, regions in the North of England have seen

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 supposed oracles of economic forecasting have been forced to eat humble pie on more than one occasion. Christine Lagarde famously asked if she had to apologise “on my knees” to

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 not running LONDON, Feb 1 (Reuters) – Up to half a million British teachers, civil servants, and train drivers walked out over pay in the largest coordinated strike action for

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 £100m hit to hospitality sectors as footfall vanishes Britain will be plunged into an effective “mini lockdown” on Wednesday as half a million workers go on strike and millions of

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 show the slowest growth in 2023 and indeed be the only G7 economy with negative annual growth. Remainer Twitter, having ignored the UK’s rapid growth of the two previous years, is all a flutter

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. “A sense of nervousness has been creeping into the markets in recent sessions, evident by another bad showing on Wall Street,” said AJ Bell investment director Russ Mould. “That’s extended

In diesen Zeiten wirtschaftlicher Turbulenzen sind alle Augen auf die Wirtschaft gerichtet. Wie es um sie steht, darüber gibt die im Januar 2023 veröffentlichte Sage-Studie „Der Mittelstand: Treiber für wirtschaftlichen Aufschwung“ Auskunft, an deren Durchführung auch das Centre for Economics and Business Research (Cebr) beteiligt war. Und das ist das Ergebnis. Es mag überraschen, doch

Environmental, social and governance (ESG) property valuation techniques could help to unlock development opportunities for the construction industry outside urban centres, according to new research from the Centre for Economics and Business Research (CEBR). The Sustainable Buildings Monitor: Redefining Value report for contractor ISG, released earlier today, argues that a “reframing of property valuations and a readjustment of

Construction contractor ISG has commissioned economists to come up with a new way to value property that includes their ethical worth. ISG commissioned economics consultant Centre for Economics & Business Research (CEBR) to produce a comparative index of “holistic potential property value” across the UK. The methodology uses traditional financial and commercial metrics, alongside environmental

Why should we establish a new, purpose-driven framework to measure the true value of property? After three years of radical global change, our lives are different. The rules of property demand are changing, with less focus on footfall and commutability, and our asset valuation must be as flexible and multifaceted as the market. We can

Calls remain unanswered. Emails are routinely ignored. Appointments are missed, meetings are rescheduled and the post doesn’t get sent out.  We already knew that the UK had a dismal record on productivity, with output stubbornly refusing to rise and the economy flat-lining for year after year. And yet, far from being improved, it is getting worse. 

Would you expect an economy with a high tax burden and one of the earliest retirement ages in the developed world to be amongst the top performers in the years since the pandemic? France is that economy, being relatively resilient amidst considerable global volatility, despite having the second highest tax-to-GDP ratio in the OECD and

Many at the World Economic Forum in Davos described India as a bright spot on the world stage. Infrastructure spending, foreign investment, the digital transition and inflation heading lower were cited as causes for optimism. However, some analysts argue the country is largely benefiting from weak comparisons. With 2023′s World Economic Forum in Davos dominated

Legal & General Home Finance customers continue to use property wealth to provide financial support for families and to invest in their homes. The desire to help loved ones will likely remain consistent throughout 2023. Lifetime mortgage customers are continuing to use the value of their property to help financially support their families and to

Ex-business secretary hits out at ‘middle rank’ of employees as productivity languishes Tens of billions of pounds in additional funding will be required to keep public services running this year because of a collapse in productivity that experts blamed on weak management and working from home. Public sector productivity fell 1.3pc in the three months to September

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

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

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

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

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

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.

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

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

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. 

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

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 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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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 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

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

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

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

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

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

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

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

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

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

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

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 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

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

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

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

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