EY Search Results
211 results
Cost of living pressures to drive significant rise in UK credit card borrowing
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.
UK business lending to contract sharply this year as recessionary pressures intensify, but growth forecast from 2024
Bank to business lending is expected to contract 3.8% (net) this year, representing one of the sharpest falls in a decade, according to the latest EY ITEM Club for Financial Services Forecast.
How new entrants are redefining cross-border payments
How new entrants are redefining cross-border payments New players will challenge incumbents to collaborate and develop faster, more innovative and transparent cross-border payment solutions.
How multi-hub models can enhance operations and reduce tax risk
By diversifying their operating models, businesses may be better positioned to address the issues that trigger tax controversy.
How the corporate divestments market is intensifying
The corporate divestments deal market is “on fire,” with a global study showing an intensified pace in 2018.
How successful UK auto retailers are reshaping for the future
Discover how successful auto retailers are looking beyond survival, towards reshaping their businesses for the future.
How global trade is changing as new tariffs are enacted
Businesses must prepare for a potential loss of clients in a world marked by uncertainty and greater competition among governments.
Five key themes for insurers to thrive in the COVID-19 era
To navigate uncertainty, leaders must focus on present challenges without losing sight of the future.
How UK energy suppliers can steer consumers towards a brighter future
Energy suppliers must still play a lead in helping UK consumers adopt sustainable, zero carbon and affordable energy solutions at pace.
Net business borrowing over 2021 will be negative as UK firms repay COVID-19 debt at pace
Net UK bank to business lending forecast to fall to minus £1.6bn over 2021, following £35bn net of corporate loans in 2020, as firms’ pay down debt far quicker than expected
Please enter your search phrase above.
Your search - '{{phrase}}' - did not match any results.
Your search '{{phrase}}' did not match any results. Try keywords with a minimum of 2 characters
Suggestions:
- Make sure that all words are spelled correctly
- Try different keywords
- Try more general keywords
- Try fewer keywords
Discover more content in English
There are few results displayed in your language, maybe what you are looking for is in English.
Trending
How IKEA transformed both customer experience and employee satisfaction
IKEA’s people-first customer support transformation has become the blueprint for all future transformations across the organization.
9 Apr 2024
How do you steady the course of your IPO journey in a changing landscape?
Q1 2024: major shift in global IPO market share from the past five years.
27 Mar 2024
How can boards convert sustainability from a wish to a winning reality?
Boards need to step up their role as a challenger in the face of cooling corporate commitment to sustainability.
5 Mar 2024
Discover more content in English
There are few results displayed in your language, maybe what you are looking for is in English.
