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Private sector take home pay rises

April 11, 2013

The VocaLink Take Home Pay Index reveals that private sector take home pay is currently at a six month high, showing annual growth of 1.0% in the three months to the end of March. This is the fastest growth of the FTSE 350 Take Home Pay Index since September 2012.    Much of this private sector growth was driven by annual take home pay strength in the VocaLink Manufacturing Sector…

Hiring intentions on the up

April 8, 2013

BDO’s Employment Index has hit a 19-month high, indicating a resurgence in private sector hiring intentions, according to the latest Business Trends report compiled by Cebr for accountants and business advisers BDO LLP.   The BDO Employment Index, which measures UK businesses’ hiring intentions over the next two quarters, reached 96.0 in March, the highest since August 2011.  This is the third consecutive month that the index has been at…

Income Tracker on Today Programme

April 4, 2013

‘An indicator for us to keep our eye on’, BBC reporter Simon Jack   The latest edition of the Asda Income Tracker - produced monthly by Cebr for the supermarket giant - marks five years since this key report on UK household finances was launched.   The Asda Income Tracker’s importance as an indicator to commercial enterprises concerned with consumer behaviour and spending power was featured in a peak time…

Impact of plain packaging

March 31, 2013

  *The downloadable report (link below) has been revised slightly in light of comments from industry stakeholders   Key findings   The key findings of our study of the economic impact on the UK economy of a policy of plain packaging for tobacco follow below.   Lower prices for legal tobacco, increased illicit trade and a shift by customers from convenience retailers to larger retailers as a result of increased…

Reflections from Shanghai

March 28, 2013

The view from the Bund in Shanghai must be one of the most exciting in the world at the moment. On one side of the river are the beautifully restored old buildings from the 19th century - solid Victorian edifices. They light up superbly at night. On the other side the 21st century skyscrapers familiar to all who watched Skyfall.   What makes them exciting is not just the visual…

Asian trade pushing Chinese growth

March 27, 2013

A report for the ICAEW by Cebr Q1 2013   Economic Insight: Greater China is a quarterly report produced by Cebr, ICAEW’s partner and forecaster. Commissioned by ICAEW, it provides a current snapshot of the region’s economic performance for ICAEW Chartered Accountants and other stakeholders. Key findings include: Global growth as a whole was low last year, but Chinese exports rose by around $150bn. Around two thirds of that was…

Economic importance of physics

March 27, 2013

The European Physical Society today announces the publication of a ground-breaking new report entitled “The Importance of Physics to the Economies of Europe”.   It reveals the huge and growing significance the contribution of physics-based industries make to the European economy.   Created in 1968, the EPS represents 41 member societies throughout the continent, a large and varied community of physicists. One of the main objectives of the EPS is…

The impact of increased SME marketing

March 26, 2013

It’s based on empirical evidence collected via a survey undertaken by market research company OpinionMatters in January and February 2013. For the survey, 514 small- and medium-sized enterprises (SMEs) were asked a range of quantitative and qualitative questions. That survey formed the basis for estimates relating to the reported rise in SME sales and value added. Key findings include: SMEs report that they could raise sales by an average of…

Rugby 7s boost to Hong Kong economy

March 25, 2013

Rugby 7s week in Hong Kong is the equivalent of Chinese New Year for the expatriate community. Most of the 30,000 or so expats turn up for the 3 day rugby extravaganza, the adults in the more respectable stands, their children (if they can get away with pretending to be over 18) in the infamous South Stand, wearing fancy dress and dancing all through the event. And it is also…

Asda Income Tracker March 2013

March 21, 2013

£3 a week increase in discretionary household income for UK families says Asda Income Tracker The average UK family had £155 a week of disposable income in February 2013, up £3 on the same month last year but still £4 lower than February 2011 Falling unemployment was the largest contributor to the rise in disposable income, with 590,000 more people in employment over the last 12 months Rising cost of…