Begbies Traynor Group
Begbies Traynor Group
Date:
13/04/2022
Author:Begbies Traynor Group 13/04/2022
UK inflation soars, labour market tightens and retail sales lose momentum
The UK annual inflation rate surprised to the upside again with a new three-decade high CPI point of 7% in March, compared to 6.2% in February, according to new data by the Office for National Statistics (ONS) published on Wednesday 13 April.
Begbies Traynor Group
Date:
07/04/2022
Author:Begbies Traynor Group 07/04/2022
Risk Watch Essentials - March 2022
The tables in the following link summarise data essentials captured from Rodgers Reidy's daily Risk Watch publication, which provides a synopsis of the insolvency market for March 2022 including: Wind
Begbies Traynor Group
Date:
28/03/2022
Author:Begbies Traynor Group 28/03/2022
Chancellor promises to ease inflation as biggest fall in living standards since the 1950s looms
Chancellor Rishi Sunak promised to ease the burden of surging inflation across the UK economy in his Spring Statement yesterday with a series of headline-grabbing policies, as UK households were warned the biggest fall in living standards since the 1950s is looming.
Begbies Traynor Group
Date:
23/03/2022
Author:Begbies Traynor Group 23/03/2022
Bank of England walks monetary policy tightrope: inflation fears trump recession risk for now
The Bank of England (BoE) raised interest rates for the third consecutive meeting last week, signalling to markets that taming inflation and containing second-round effects remains its priority. The Monetary Policy Committee (MPC) increased the base rate from 0.50% to 0.75%, resetting interest rates to pre-pandemic levels.
Begbies Traynor Group
Date:
15/03/2022
Author:Begbies Traynor Group 15/03/2022
European airlines braced for oil shock impact after surviving pandemic turbulence
European airlines can expect an uneven recovery in air passenger demand this year as the industry calibrates recovering international demand with near-term geopolitical headwinds which have already caused fuel costs to spike, disrupted airspace access and increased currency volatility. There are downside risks to recent air traffic demand forecasts.
Begbies Traynor Group
Date:
02/03/2022
Author:Begbies Traynor Group 02/03/2022
UK goods imports from non-EU countries leapfrogged mainland European imports for the first time in 2
In 2021, for the first time in 25 years, the UK spent £30bn more on imported goods from outside the European Union (EU), Britain’s largest trading partner, than from the 27-nation EU bloc, according to Office for National Statistics (ONS) figures. At the same time, UK exports to EU countries fell.
Begbies Traynor Group
Date:
25/02/2022
Author:Begbies Traynor Group 25/02/2022
Government’s ambitious Levelling Up agenda offers abundant private capital opportunities
The government’s recent ‘Levelling Up the United Kingdom’ White Paper aims to reverse a sprawling set of deep-seated regional economic, political and social inequalities by 2030. The agenda will require up to £1 trillion in spending over the next decade, according to an analysis by The Good Economy (a social advisory firm), the Impact Investing Institute and Pensions for Purpose.
Begbies Traynor Group
Date:
24/02/2022
Author:Begbies Traynor Group 24/02/2022
New Rules Provide Another Lifeboat for Rescuing SMEs
After the British government announced an easing of COVID-19 restrictions and moving the country to a position of “living with COVID,” the full extent of the pandemic’s damage to UK businesses will come sharply into focus during the next 12-24 months. Many SMEs are already in a fight for survival, having been battered by rising input costs, increased borrowing and the curtailment of support measures.
Begbies Traynor Group
Date:
08/02/2022
Author:Begbies Traynor Group 08/02/2022
Cryptocurrency: the future is decentralised
2021 was a breakthrough year for the institutional adoption of cryptocurrencies. The sector has matured well beyond its early reputation as a payment method for criminal activity into a US$2 trillion asset class comprised of an eclectic mix of blockchain solutions for real-world problems and industries across finance, payments, digital ownership and scarcity, arts and collectibles, gaming, supply chains, healthcare, public services, and even governments. Begbies Traynor Group
Date:
31/01/2022
Author:Begbies Traynor Group 31/01/2022
UK inflation soars to three-decade high intensifying monetary policy dilemma
UK inflation soared to a near three-decade high, reaching 5.4% in the 12 months to December, driven by the rising costs of energy, food, household and transport. The consumer price index (CPI) rose to the highest level, the hottest since May 1992, at 7.1%, according to Office for National Statistics (ONS) data.
Begbies Traynor Group
Date:
05/01/2022
Author:Begbies Traynor Group 05/01/2022
UK commercial property investors braced for higher borrowing costs
The refinancing requirement for UK commercial property investors is expected to climb next year, as extended loans during the pandemic expire. Overall, we expect alternative lenders to further increase market share, in a year when interest rate increases push up borrowing and hedging costs.
Begbies Traynor Group
Date:
02/12/2021
Author:Begbies Traynor Group 02/12/2021
Omicron threatens the nascent UK labour market recovery
The emergence of Omicron, the latest Covid-19 variant, threatens the positive autumn momentum building in the UK labour market. Early indicators suggest only a tiny proportion of the 1.14 million furloughed workers were made redundant after the Coronavirus Job Retention Scheme (CJRS) expired. November’s data, published in mid-December, is also expected to show that positive employment trends continued. If true, this confounds fears of rising unemployment at the end of the CJRS. However, the latest pandemic curveball may blunt the positive momentum.
Begbies Traynor Group
Date:
25/11/2021
Author:Begbies Traynor Group 25/11/2021
Covid-19 commercial rent arrears and new arbitration scheme
Earlier this month, the UK government published a revised Code of Practice for commercial property relationships alongside a draft Commercial Rent (Coronavirus) Bill which will create a legal arbitration regime in respect of Covid-related rent arrears.
Begbies Traynor Group
Date:
24/11/2021
Author:Begbies Traynor Group 24/11/2021
Inflation risks and labour market frictions weigh heavy on UK’s economic recovery
Escalating inflation in the UK economy reached a decade-long high in October, as higher energy prices, supply chain disruptions, labour shortages, wage and food price inflation all blunted the economic recovery.
Begbies Traynor Group
Date:
10/11/2021
Author:Begbies Traynor Group 10/11/2021
Airline industry’s embryonic recovery faces hard landing obstacles everywhere
Pent-up demand in the airline industry might suggest the embattled sector is on the cusp of a recovery. But for every positive indicator, there is a headwind to dampen the optimism. The airline sector's recovery remains fragile, and the embattled global airline industry may still face a harsh winter if a new virus wave emerges. 2000+ Strong team
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