Tag Archives: economy

Companies falling into administration increased by almost 5% in 2019

Companies falling into administration increased by almost 5% in 2019

Data from KPMG has found that there has been an increase in the number of companies falling into administration. The multinational professional services business found that, in 2019, insolvencies increased by almost 5%. It isn’t surprising that companies found the climate a tricky one to navigate given what Bill Nimmo, …

Read More »

ICAEW’s BCM for Q1 2020 reveals increased business confidence

ICAEW's BCM for Q1 2020 reveals increased business confidence

The Business Confidence Monitor (BCM) for Q1 2020 has revealed a huge increase in business confidence. Undertaken by the chartered accountancy body ICAEW, the BCM for Q1 2020 has undergone a dramatic swing from the final quarter of 2019, when the confidence measure was -20.6 – its lowest result in …

Read More »

One in five UK businesses are ‘financially stressed’

One in five UK businesses are 'financially stressed'

KPMG has found that one in five UK businesses are financially stressed. According to the research, more than 1,000 organisations are in situations of acute distress; KPMG has analysed findings from all UK businesses that had revenues of more than £10 million over the five years to the end of …

Read More »

CBI and PwC survey finds optimism in financial services sector

CBI and PwC survey finds optimism in financial services sector

The quarterly survey conducted by the Confederation of British Industry (CBI) and PwC has found that financial services firms are optimistic about the business situation. Conducted before the 2019 General Election – the result of which may have added more certainty, it could be added – organisations in the financial …

Read More »

Labour productivity figures released for Q3 2019

Labour productivity figures released for Q3 2019

The Office for National Statistics (ONS) has published its labour productivity data for the third quarter of 2019, with the findings showing a rise of 0.1%. Labour productivity, measured by output per hour, has increased slightly when compared to the same three months of 2018, and follows a period of …

Read More »

Resolution Foundation has published its Earnings Outlook

Resolution Foundation has published its Earnings Outlook

The Resolution Foundation’s Earnings Outlook believes 2020 will be a “turning point” for real wages, but employment could fall. In the Earnings Outlook, it was noted that last year was a good one for the UK labour market; even though the latest figures from the Office for National Statistics (ONS) …

Read More »

Deloitte CFO Survey reveals economic fears surrounding Brexit

The latest Deloitte CFO Survey reveals fears and concerns surrounding Brexit. According to the survey, 83% of those CFOs canvassed expect the long-term business environment to deteriorate once the UK leaves the EU – a reading not seen since the June 2016 referendum. Deloitte’s Chief Economist, Ian Stewart, said that …

Read More »

Today's Boardroom