The CEO Imperative: How will the shifting world order affect your global strategy?

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Case Study
The better the question The better the answer The better the world works
Case Study

How to determine a solid path forward in a liquidation

British Steel needed a buyer to avoid closure and to continue the iconic brand, but a sale was never guaranteed.

Case Study
The better the question The better the answer The better the world works
Case Study

Can heavy industry be reshaped for a sustainable future?

British Steel was in urgent need of a suitable buyer to avoid closure.

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Steel factory furnace
Case Study
The better the question The better the answer The better the world works
Case Study

In an interconnected world, think both local and global

EY’s international capabilities were crucial to delivering the best outcome.

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A bucket tilts over a furnace mouth at bsl scunthorpe plant
Case Study
The better the question The better the answer The better the world works
Case Study

Forging a new chapter of British Steel

Fresh investment in British Steel will protect livelihoods and boost value creation.

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New steel rails at bsl scunthorpe plant

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Featured press releases

Consumer weakness weighed on GDP in March – EY ITEM Club comments

Quarterly GDP growth came in at 0.8% in Q1, but is likely to represent the high point for the UK this year. The cost of living squeeze will increasingly weigh on consumer demand, and in Q2 activity will face further challenges in the form of an extra bank holiday and loss of support to health output from the end of free COVID-19 testing.

12 May 2022 Annabel Banks

Quarterly update: Profit warnings from UK-listed companies with a DB pension scheme increased 46% year-on-year in Q1 2022

Profit warnings from UK-listed companies with a DB scheme accounted for 26% of all warnings in Q1 2022. 53% of warnings by UK-listed companies with a DB scheme were due to increased overheads . The majority of warnings from UK-listed companies with a DB scheme were from companies within industrial or consumer-facing sectors.

11 May 2022 London GB Seetle Dool

More press releases

EY comments on April SMMT new car registration data

Spring fever for the UK car industry as dismal performance continues in April

6 May 2022

EY Entrepreneur Of The Year™ 2022 UK regional finalists announced

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

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.

4 May 2022

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