EY’s commitment to anti-racism in the UK
A message from Hywel Ball, UK&I Regional Managing Partner and UK Chair and Omar Ali, Managing Partner, UK Financial Services
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Through actions both big and small, our people are helping each other, clients and society tackle COVID-19 challenges and build an even better working world.
Featured press releases
Bank lending to firms surges to a 13-year high as COVID-19 leads to UK businesses borrowing more
Business lending expected to rise 14.4% this year, with many firms only forecast to be able to start to reduce their borrowing from 2022
10 Aug 2020 00:01 London GB
Halifax reports UK house prices rose 1.6% month-on-month in July with annual increase up to 3.8% – EY ITEM Club comments
Halifax reported house prices rose 1.6% month-on-month in July, which was the first increase since February and the largest rise since December 2019. The annual rate of increase rose to a six-month high of 3.8% in July from a 7-month low of 2.5% in June.
7 Aug 2020 London GB
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Purchasing managers report pick-up in July services activity reaching 60-month high – EY ITEM Club comments
The final July purchasing managers survey points to services activity improving to a 60-month high. This was welcome news as lagging services activity was the main factor causing UK GDP to edge up only 1.8% month-on-month in May after contracting 20.3% in March.
5 Aug 2020
New UK car sales see first rise in 2020 but sector still faces challenges ahead – EY ITEM Club comments
Much-improved news for the car sector in July as new car sales posted their first year-on-year increase since December 2019, following the re-opening of showrooms.
5 Aug 2020
Purchasing managers report UK manufacturing activity at 16-month high in July – EY ITEM Club comments
Encouraging news for third quarter growth prospects as the purchasing managers reported the manufacturing sector achieving its strongest expansion for 16 months in July. The manufacturing PMI rose to 53.3 in July (revised down slightly from the ‘flash’ reading of 53.6) from 50.1 in June, 40.7 in May and a record low of 32.6 in April.
3 Aug 2020
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