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
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
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
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
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
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
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
“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
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
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
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
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
“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
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
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