Cebr Global’s annual World Economic League Table (WELT) in the news:
Cebr Global’s World Economic League Table (WELT) for 2015 saw the UK overtake France this year to become the world’s 5th largest economy after the UK revised GDP figures to include earnings from drugs and prostitution. Among some of the changes this year, the WELT reported Russia’s drop to 10th place and Turkey’s move down from 17th to 19th place in 2014. Korea is becoming an economic powerhouse as its growth continues – its league table position moves from 15th in 2013 to a solid 8th, just behind Germany by 2030. Cebr Global’s WELT was covered by among others in the UK, The Times, the Daily Mail, the Daily Telegraph, Sky News, the Guardian, the Independent and abroad, the Washington Post, Forbes, Russia Today, the Taipei Times, the Hurriyet Daily and Press TV to name a few.
Cebr’s bespoke research in the news:
Cebr and Falmouth University’s report on the economic contribution of the creative industries calculated that the creative industries had a combined turnover of £141 billion in 2012 or 4.8% of UK GVA. The report was covered by the Daily Telegraph among others.
The findings of China Invests West, a report focusing on the future of Chinese investment in UK infrastructure, which was released earlier this year by Pinsent Masons and Cebr, was also covered by the Daily Telegraph.
Cebr’s regular reports in the news:
Cebr and the Post Office’s regular Future of Savings report found in its most recent calculations that the average house increased in value by 12 per cent, or £29,339 in the last 12 months to December. By contrast, the average salary went up on average by 0.6 per cent and the average worker earned £27, 271. The findings of the research were covered by the Independent, The Times, the Daily Telegraph, the Express, This is Money, and the Daily Mail.
The ASDA Income Tracker, produced by Cebr, found that the average UK household had £179 a week of discretionary income in November 2014, up by £11 a week on the same month a year ago. Meanwhile the prices of many household goods such as food and fuel have fallen during the last 12 months. The report was covered by the Daily Mail.
YouGov and Cebr’s monthly Consumer Confidence Index for December revealed that consumer confidence was at its second-lowest level in 2014, as the economy showed signs of slowing and job security over the last 30 days fell to its lowest level since April 2013. The findings were covered by Reuters and City AM.
The findings of the FSB’s Small Business Index for Q4 2014, produced in conjunction with Cebr, found that 62% of small firms expect to grow their businesses in 2015. The findings were covered by the Herald Scotland.
The results of the BDO’s Business Trends report, authored by Cebr, found that order books across the UK remained steady at 103.2 in November. These results suggest that GDP growth over the next three months should be above the long-term trend of 2.25 per cent. The findings were covered by the Courier and Insider Media.
Cebr’s Forecasts and Analysis in the news:
Cebr Economist Danae Kyriakopoulou’s comments cautioning against unrealistic celebration of recent Eurozone growth figures were covered by the Guardian.
Cebr’s view that the Autumn Statement saw a disappointing absence of proposals to tackle the escalating housing crisis was covered by the Guardian.
Cebr Economist Sam Alderson’s comments on falling prices for fuel and food items over the festive period were featured in an article in the Daily Mail.
Cebr predicts that UK house prices will fall by 0.6% in 2015. The calculations were covered bythe Sunday Times and featured quotes from Cebr Economist Nina Skero. Nina’s view that the reformed stamp duty system is expected to boost transaction activity in nearly all regions, but not entirely offset other factors weighing on the market, was covered by the Daily Mail.
Comments on the inevitability of quantitative easing by the ECB made by Cebr Economist Alasdair Cavalla, appeared in the Daily Telegraph. Alasdair’s view that falling oil and commodity prices will aid spending over the Christmas period were also covered by Bloomberg.
Alasdair Cavalla spoke with Euro Insight about the economic effects of the possible departure of Mario Draghi from the ECB.
Danae Kyriakopoulou’s comments on the rise of China’s megacities were covered by Economia.
Danae Kyriakopoulou spoke to Dukascopy TV about the dangers of a snap election in Greece for the fragile recovery of the Greek economy. Danae also spoke with Euro Insight about the recovery of the Eurozone.
Cebr’s calculations from 2009 which revealed that the state accounted for 69% of economic activity in Wales and Northern Ireland, and around 60% in the North East and West, compared to 40% in the South East, were featured in an article by the Daily Telegraph.
Executive Chairman of Cebr, Douglas McWilliams, spoke to the Daily Telegraph about the impact of falling oil prices on headline inflation in 2015. Douglas also spoke to the Daily Mailabout the effects of stamp duty reforms on house prices, with overall house prices likely to be lower, even in London.
Cebr’s Chief Economic Advisor, Vicky Pryce spoke to the Sunday Times and the Daily Mail on the plight of the Greek economy. Vicky also wrote an article on the malaise of the Greek economy in the Evening Standard.
On 30th December Vicky Pryce spoke to the Today Programme about the economic implications of the political turmoil in Greece. Vicky also gave her economic prediction for 2015 in The Times.
In other news:
In December Cebr Economist Danae Kyriakopoulou, Charles Davis, a Director at Cebr and ICAEW’s Simon Thompson gave a webinar Q&A session reviewing the global economic outlook and taking the UK economy’s pulse by analysing the latest ICAEW/Grant Thornton Business Monitor and the most recent ICAEW UK Economic Forecast.