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

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.

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

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 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

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

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

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

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

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