Bespoke research:
A report out this month from Cebr and Nutmeg found that the UK household savings ratio, the percentage of personal savings to disposable income, is forecast to fall to its lowest level in 50 years in 2016. The findings were covered by City AM and accompanied by a quote from the author, Managing Economist David Whitaker.
Irwin Mitchell and Cebr’s report UK Powerhouse, which calculated that the economic gap between London and the North of England is expected to rise by 94 per cent to £110bn over the next 10 years, was covered by the The Daily Telegraph. Scott Corfe, author of the report and Macroeconomics Director at Cebr was quoted in the piece.
Hilary Benn with a copy of the Cebr and Irwin Mitchell report, UK Powerhouse.
London First and Cebr’s research for the Fifty Thousand Homes campaign warns that over the next decade the housing crisis will increasingly hit workers in the “flat-white economy”, such as those working in creative media, advertising, market research and software development. The coverage was front page in the Evening Standard.
Cebr research for Saga on the changing travel choices of the over 50s was covered by Yorkshire Post.
Regular research:
Economist Kay Neufeld was quoted in the Daily Mail and the Sun commenting on the findings of this month’s Asda Income Tracker, which calculated that the average UK household had a weekly disposable income of £198 in March, £12 more than in March 2015.
This month’s YouGov and Cebr Consumer Confidence Monitor which revealed that confidence had notably increased in April to its highest level since May 2014, was covered by the Daily Telegraph. The author of the research, Macroeconomics Director Scott Corfe was quoted discussing the findings in City AM.
Analysis in the News:
Senior Economist Nina Skero, forecast this month that London house prices will increase by around 5.8 per cent this year compared to 8.3 per cent in the South East. The research was covered by City AM and the International Business Times. Nina was also quoted in City AM commenting on UK inflation figures for March and by the Guardian Business Blog and City AM expressing scepticism over Chancellor George Osborne’s target of eliminating the deficit. Nina’s commentary of the slowdown in US GDP was quoted in the Financial Times.
Senior Economist Alasdair Cavalla was quoted discussing the impact of a weak trading position and industrial sector on the UK’s economy in the Guardian and the Daily Mail. Alasdair was also quoted commenting on the revision of inflation up to zero in March in the Daily Mail and Guardian Business Blog. In the Guardian and This is Money Alasdair was quoted discussing Eurozone output growth this month.
Chief Economic Advisor Vicky Pryce was interviewed by Reuters (x2) commenting on the negative interest rate policy of Japan, the recent downward forecast in France’s economic growth and Ireland’s recent economic growth spurt (3). Vicky was later interviewed by Reuters commenting on the fall in international oil prices and the challenges China faces with the rapid growth rate of its economy.
Cebr’s Forecasting Eye on the deep cuts to bonuses and jobs predicted to hit the City in the near future, written by Cebr President Douglas McWilliams, was the subject of an article in the City AM.
Managing Economist Danae Kyriakopoulou answered questions from BBC Breakfast on China’s shift towards a service-led economy like that of the UK.
Danae was also quoted commenting on criticism of the European Central Bank’s loose monetary policy in the Guardian Business Blog and Greece’s bankingnews.gr.
Analysis by Cebr President, Douglas McWilliams forecasting that leaving the EU while remaining in the single market could increase UK GDP by 2030, was front page of City AM. The comments were also covered by the Daily Telegraph and later on in the month by City AM.
Director of Macroeconomics, Scott Corfe was quoted by City AM discussing data out this month which showed that UK economic growth slowed to 0.4 per cent in the first quarter. Scott was also quoted discussing the weaker UK economic outlook in the Evening Standard, attributing it to uncertainty over the EU referendum combined with lower commodity prices and a slow down in consumer spending. In the Spectator Blog Scott’s comments on the impacts of rising inflation in the UK economy were covered.