Regular research in the news:
Following Britain’s vote to leave the EUThe YouGov/Cebr Consumer Confidence Index for June, produced by Director of Macroeconomics Scott Corfe, reported its lowest levels of confidence since May 2013. The findings were covered by Sky News, the Times of Malta, Daily Mail, Reuters, Bloomberg.
The YouGov/Cebr Business Confidence Index last month reported a slump in business confidence from 112.6 to 105.0 in the week following the Brexit vote. The findings were reported on BBC Newsnight, BBC News (x2), Der Spiegal, Die Welt, Sky News, the Independent, Reuters (x2), Bloomberg and City AM.
Cebr’s research with Irwin Mitchell, which compared GVA growth across the regions following the EU referendum, was quoted by City AM and the Daily Telegraph.
The Asda Income Tracker which calculated the average UK household disposable income at £201 per week in June, was mentioned by the Week.
Bespoke research in the news:
Cebr’s report for the National Housing Federation looking at how investment in housing can help stabilise a turbulent post-Brexit economy, was covered by BBC News, Inside Housing, Property Week and Yorkshire Post.
Research by Cebr with Peabody released in July revealed that Londoners living in social housing contributed at least £15bn to the capital’s economy in 2015 alone. The findings were covered by the Daily Telegraph.
Research by Cebr in conjunction with Legal and General, titled Bank of Mum and Dad, which calculated that parents helped finance 25% of all UK mortgage transactions this year, amounting to £5bn in 2016, was covered by City AM.
Analysis in the news:
Director of Microeconomics, Oliver Hogan, who authored Cebr’s study for Citrix on the economic benefits of flexible working patterns, was interviewed by the Financial Times. Oliver’s comments were also featured in La Tribune.
Managing Economist Danae Kyriakopoulou was quoted commenting on the decline of the Finnish and Russian economies in International Finance Magazine. Danae also answered ‘yes’ to the question of whether the Eurozone could be tipped into another crisis as a result of Italy’s troubled banking sector, in City AM. Commenting on the long term outlook for the UK economy following the Brexit vote, Danae was quoted by China Daily. She was also quoted on the same subject in Greece’s Banking News. On the Eurozone economy Danae was quoted in City AM and the Guardian Business Blog. In June City AM ranked Danae among the UK’s top economists.
Chief Economic Adviser Vicky Pryce answered ‘yes’ to the question of whether mega-mergers are a solution to saving the Eurozone’s failing banks, in City AM. Vicky wrote an article for Prospect Magazine examining the implications of the British exit from the EU for European economies. She was also interviewed on Share Radio discussing the likely outcomes from the first MPC meeting since the Brexit vote. Vicky was later interviewed discussing Greece’s surplus target of 3.5% for this year, in Greece’s Banking News. As a member of City AM‘s MPC Shadow committee Vicky voted to cut UK interest rates by 0.25 per cent. Vicky was also interviewed by Reuters on UK interest rates, decreases in Eurozone industry data and the impact on retail from a weak pound.
A forecasting eye released in July by Cebr President Douglas McWilliams, which calculated that cutting corporation tax to 15% would boost UK investment by 10.7% within 5 years, was covered by the Daily Telegraph, This is Money, Irish Examiner and Irish Independent.
Senior Economist Nina Skero was quoted in the Financial Times discussing Cebr’s forecast that the Fed will raise interest rates in 2017 at the earliest. Nina was quoted in City AM commenting on recent volatility in the currency markets.
The Financial Times quoted Senior Economist Alasdair Cavalla reacting to the latest UK employment figures, which fell in July to 4.9%.
Director of Macroeconomics, Scott Corfe, was interviewed by Buzzfeed on the economic ramifications of the Brexit vote for the UK.
Cebr’s latest forecasts for the UK’s housing market showed that house prices will rise by 5.7 per cent this year, but growth will fall to 2.2 per cent next year. The findings were covered by BBC News, the Daily Telegraph, This is Money, the Independent, Reuters and the i. Senior Economist, Nina Skero, who conducted the research was quoted in the Spectator. Nina was also interviewed by ITV News.
Economist Sam Alderson was quoted in the Chicago Tribune on the outlook for consumer spending following Britain’s vote to leave the EU.