103 regional finalists from 89 businesses across Scotland, North, Midlands and South West, and London and South East, showcasing the spirit of entrepreneurship across the country
5 May 2022 London GB
Demand for consumer credit expected to climb 7.9% this year and 5.5% in 2023 as cost of living pressures bite; a reversal of the pandemic-driven 12% fall over 2020-21. The loan loss ratio is also forecast to rise 1.7% in 2022 having averaged 1.3% from 2015-19. Mortgage lending forecast to rise 3.8% this year and 3.3% in 2023, down from 4.3% in 2021 – the slowing growth rate largely reflecting stretched affordability, escalating interest and mortgage rates and the rising cost of living. Net bank lending to UK businesses expected to grow by 2.8% in 2022 and 3.3% in 2023 as markets revert to pre-pandemic economic conditions, although geopolitical uncertainty and supply chain disruption likely to depress firms’ short-term appetite to invest.
4 May 2022 London GB
UK-listed companies issued 72 warnings in the first quarter of 2022 A record 43% of profit warnings issued in Q1 2022 were due to rising costs
3 May 2022
EY comments on the Insolvency Service Q1 2022 data
3 May 2022
This week, EY Reading celebrated its move to new offices, which have been designed to facilitate the firm’s transition to a hybrid working model by providing a modern, collaborative and tech enabled office environment for its people and clients.
28 Apr 2022
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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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