Ernst & Young - Issues and Perspectives - Ernst & Young - United Kingdom

In today’s rapidly changing world, having an informed view of tomorrow is vital. That’s where we come in. Our 144,000 people combine global perspectives and experience with deep industry knowledge. Knowledge that can help you move your business forward with confidence.

We provide assurance, tax, transaction and advisory services to many of the world’s leading organizations. We help them manage their risks, grasp opportunities and achieve their business potential.

It’s how we make a difference.

Explore our issues pages:
Analysis of Profit Warnings | ITEM Club | Audit Committee Chair Forum | Chief Financial Officer programme | Financial Controllers network | Independent Director programme 

The ITEM Club: latest economic outlook

ITEM Club says UK growth will struggle to reach 1% next year

In its Autumn forecast, the ITEM Club says that although the recession is ending, the UK is in for a bumpy ride for the next 18 months. Although business confidence has been rebuilding and stockmarkets recovering, UK GDP is still forecast to end 2009 down 4.5%. The new year increases in VAT and in stamp duty on houses and the inevitable tightening of fiscal policy will dampen activity, restraining growth to just 1% over 2010. Further growth is still dependent on recoveries in world trade and in the supply of credit.

The ITEM Club, sponsored by Ernst & Young, is the only economic forecasting group to use the HM Treasury model of the UK Economy. Its forecasts are independent of any political, economic or business bias. It’s another way Ernst & Young makes a difference, helping our clients achieve their potential.

For more on the ITEM Club’s forecast, see the ITEM Club page.

Opportunities in adversity

Whatever a company's position in the current economic climate - from cash-rich to deeply distressed - there is now a great need for decisive management action. There is opportunity in the adversity of the worst of markets. Find that opportunity right now. Read more

Managing in turbulent times

The global credit crisis changes day to day, forcing many individuals and businesses to make decisions in times of uncertainty. To help you, we’ve created a one-stop resource where you can find research, instructive articles, webcasts and professional insights on a range of issues surrounding the credit crisis.

Budget News website

Visit our Budget News website for insight and expert comment for Ernst & Young news, information, expert analysis and insight on the Budget.

Profit Warnings

Profit warnings hit a six year low

UK profit warnings hit a six-year low in the third quarter of 2009. There were 52 profit warnings from quoted UK companies during the Q3 of 2009. This is a year on year drop of 53%, and 17% less than the second quarter this year.

Ernst & Young’s Analysis of Profit Warnings is a quarterly report which helps our clients and our wider communities interpret the trends and developments signalled by profit warnings.

Find out more

Corporate Governance

Corporate Governance has become the shareholders’ mainstay. A means to help them rest assured that companies are managing their operations and risks in accordance with statute, regulation and best practice. Visit our global Corporate Governance page and start to explore what we have to offer.