Research from Cebr, YouGov and Grant Thornton on the untapped potential of British businesses reveals that increasing exports by 17% to 45% of GDP, the level achieved by Germany, would lead to an additional £84 billion of economic output being unlocked. The results were covered by the Yorkshire Post.
Chris Jones, Chief Executive of City and Guilds referenced research by Cebr and Skills Funding Agency on the economic contribution of apprenticeships to the UK economy in an article for the Huffington Post.
Findings from The Impact of the UK being in the Single Market report by Cebr and the Britain Stronger in Europe campaign concluded that staying in the Single Market could add an extra £58bn a year the UK economy and bring 790,000 jobs to Britain. The results were covered by the Daily Mail.
Comments by Acting Managing Economist, Danae Kyriakopoulou, cautioning that the fall in joblessness across Europe was only marginal, were covered by the Daily Mail. Speaking about Eurozone inflation Danae was quoted by the Daily Progress and the Daily Mail. In the Financial Times and the Daily Telegraph Danae also was quoted discussing recent data emerging from the Chinese economy. In City AM she spoke about QE in the Eurozone.
Cebr’s warning that the Chancellor could be facing a £20-30m black hole in the public’s finances ahead of last months Budget was quoted in the Evening Standard, the Daily Mail, Les Echos, This is Money and City AM.
Managing Economist David Whitaker answered ‘Yes’ to the question ‘With the budget looming, has George Osborne missed his chance to balance the books?’ in City AM.
Cebr President Douglas McWilliams was quoted commenting that in his Budget statement, the Chancellor was too optimistic about economic growth, in City AM.
The Evening Standard discussed Cebr’s recommendations for reforming the UK tax system.
Senior Economist Alasdair Cavalla was quoted in Public Finance commenting on Cebr’s view that it is likely the Chancellor will face a deficit of around £30m in 2019/20.
Economist Kay Neufeld was quoted in City AM (pp. 2 & 8) and the Express commenting on the threat of currency devaluation as a result of the persistent current account deficit in the UK’s finances. Kay was later interviewed by BBC Radio 4’s 6 o’clock news discussing the same topic.
Vicky Pryce, a member of Cebr’s board answered ‘yes’ to the questions ‘As the ECB prepares to ramp up QE this week, should it be doing even more to boost growth in the Eurozone?’ in City AM. Vicky also wrote an article highlighting the inconsistencies in the Chancellors budget for Prospect Magazine.
In other news: