Martin Beck, Chief Economic Advisor to the EY ITEM Club, provides analysis on the latest Bank of England Bank Rate decision.
2 Feb 2023 London GB
Although January's UK manufacturing PMI rose to 47.0, that still left it in contractionary territory. While a marked rise in business optimism offers some good news, as does the recent fall in energy prices, the headwinds facing the sector mean the EY ITEM Club doesn't expect a significant turnaround in H1 2023.
1 Feb 2023
Samantha Keen, UK Turnaround and Restructuring Strategy Partner at EY-Parthenon and President of the Insolvency Practitioners Association (IPA) comments:
31 Jan 2023
Rising costs prompted record levels of profit warnings in 2022 according to EY-Parthenon
30 Jan 2023
January's flash S&P Global/CIPS survey reported another fall in business activity, as soft demand continued to affect new orders. Moreover, the pace of the decline quickened compared to December, driven by a fall in services sector activity.
24 Jan 2023
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EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.
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