EY | News | Economy | Page 2

An overview of global EY news:

Peru

The vision of Peru: a bicentennial reflection As Peru heads towards its bicentennial celebrations of nationhood in 2021, the country is gearing up to define its future.
04 September 2018
United Kingdom

Retail bears brunt of sluggish first half of 2018 with 20 profit warnings The number of profit warnings by FTSE-listed retailers has doubled since the same period of 2017, while the UK economy as a whole has seen profit warnings hit a seven year high.
26 July 2018
Latin America

Modern trade in Latin America stagnates for consumer product companies For the better half of a decade, modern trade penetration in Latin America has been situated between 48-50%, shattering expectations of increasing consumerisation of the region.
25 July 2018
Australia

Professional services grow to become one of Australia’s largest industry groups The Australian professional services industry has grown by 30% since the beginning of the decade to become the fourth largest industry group in the country.
24 July 2018
Colombia

Colombian companies must apply basic labor standards to reach OECD standards Colombia was invited to join the Organisation for Economic Cooperation and Development in earlier this year, in May.
23 July 2018
United Kingdom

Ireland set for net jobs growth of over 230,000 by 2022 After a decade of economic turbulence resulting from the global recession, Ireland’s employment rate has finally pushed past the figure of 2008.
19 July 2018
Albania

Albania enlists EY to combat tax evasion and economic crime Albania – a candidate country for EU membership – has called in Big Four professional services firm EY to help combat pervasive tax evasion and stamp out a black economy worth a third of its GDP.
08 June 2018
Latin America

Brazil and Mexico are the FinTech champions of Latin America Financial institutions, multinationals and investors worldwide are racing to understand how FinTech can benefit their businesses.
07 June 2018
United Kingdom

The consulting firms that are a World Economic Forum partner Every year, thousands of CEOs, high-profile academics, scientists and international politicians converge upon the Swiss Alps to discuss the state of the world’s economy.
24 January 2018
South Africa

B-BBEE need not deter foreign investment to South Africa, says EY Steady foreign investment is absolutely critical for the South African economy in years to come, and despite a number of conducive factors in the country, the extra regulations that accompany the Bro
27 December 2017
South Africa

Middle-market companies in South Africa confident about strong growth Despite concerns in the economy as a whole, companies in South Africa, particularly those in the middle-market range, are preparing to invest in expansion strategies.
12 December 2017
United Kingdom

UK growth to remain slow thanks to low wages and debt The next three years are likely to see a period of relatively low growth, according to a new study.
12 December 2017
China

Chinese mid-market companies expect improving fortunes Chinese mid-market firms are relatively positive about future growth, with the majority expecting to see increases of more than 6% in the coming year.
21 November 2017
South Africa

South Africa's largest retailers book 5% growth, finds EY Things are back on the up for the South African economy in 2017, particularly in the retail sector, after a major slump in 2016.
13 November 2017
United Kingdom

Foreign Direct Investment up in Europe but Brexit remains concern While Foreign Direct Investment has climbed to record highs across Europe, uncertainty over Brexit looks set to slow growth, a new study from EY has found.
24 May 2017
United Kingdom

ESG increasingly important in global shift towards sustainable economy A new report finds that more focus on environmental, social and governance principles by investors can play a key role in speeding up the green transition.
13 April 2017
United Kingdom

UK economic growth projected to rise slightly on competitive exports Growth of the UK economy will hit 1.3% in 2017, up from the previous forecast of 0.8%, according to EY. Economic growth is set to slow in 2018 however, falling to 1.1%.
07 February 2017
United Kingdom

UK FDI attractiveness falters, European sentiment improves on stability The UK's attractiveness for foreign investors has, as expected, taken a hit following the decision to leave the EU. A new report finds that attractiveness has decreased by 34%.
06 February 2017
United Kingdom

London's 24 hour economy could grow to £43 billion annually by 2029 London’s night-time economy got a boost with the opening of the Night Tube. The capital’s night economy has grown steadily in recent years, supporting 1.25 million jobs and £40 billion in total GVA.
25 August 2016
United Kingdom

Volatility key economic concern for global executives in 2016 Volatility remains a key concern for global executives, a new report finds. Perceptions about the global economy remains stable, however.
02 May 2016
United Kingdom

21 consulting firms contribute to World Economic Forum Yesterday the World Economic Forum (WEF) kicked off in Davos.
21 January 2016
United Kingdom

London, Reading and Manchester top economic growth The UK’s economic forecast is relatively gloomy as various macro-economic factors see consumer power further eroded over the coming years.
04 January 2016
United Kingdom

Premier League and clubs add 3.4 billion to UK economy As football continues to grow, so does its economic impact – last season the Premier League, UK’s top football league and its clubs contributed £3.36 billion to the nation’s GDP.
23 November 2015
United Kingdom

Big Four professionals in UK Economists Power 100 Andrew Sentance from PwC, Mark Gregory from EY and Ian Stewart from Deloitte have been recognised as one of the most influential of economists in the UK & Ireland.
12 August 2015
United Kingdom

EY: UK increases lead in European inward FDI race The UK retained its leading position in Europe in attracting Foreign Direct Investment (FDI), securing 887 from the total 4,341 projects in the European region, a recent survey from EY finds.
04 June 2015
United Kingdom

16 consulting firms partner of World Economic Forum Coming Wednesday the World Economic Forum (WEF) kicks off in Davos. Approximately 2,500 CEO’s of the largest corporations globally, international politicians and high-profile scientists and academics will make their way to the now
19 January 2015
United Kingdom

EY: EU Cultural and Creative Industry employs 7 million A new study from EY finds that the European Cultural and Creative industry is a vibrant and growing driver of the European Union’s economy.
08 December 2014
United Kingdom

EY: Rugby World Cup adds 1 billion to UK economy The economic benefit of the 2015 Rugby World Cup, hosted by the UK, is estimated to be an around 1 billion pound boon for the national economy, an economic impact report from EY indicates.
25 November 2014
United Kingdom

EY: Future success of UK exports lies outside the EU The vast majority of UK entrepreneurs believes that they will have to look outside the EU to grow their exports, concludes a survey of EY. The government should encourage companies to grow, not only in the UK but also internationally by cutting red
19 November 2014
United Kingdom

EY supports US government with diversity initiative Professional services firm EY has closed a partnership with the US Department of State (DoS) to support the Women’s Entrepreneurship in the Americas (WEAmericas) initiative, set up by President Obama to encourage women participation in the ec
13 November 2014
United Kingdom

EY: Energy sector huge contributor to the UK economy The energy sector has hugely impacted the UK economy in 2013, concludes a new report by EY, commissioned by Energy UK. The report shows that the industry has generated around 6% of the GDP in 2013, and that one in every 44 jobs is connected to the
29 October 2014
United Kingdom

EY: 5 priorities of action to sustain African growth According to EY, Africa has a promising future ahead, and could continue its growth path of the past 15 years. However, to do so, focus needs to be put on the future rather than on its current success. To achieve a consistent growth path, EY lists
21 October 2014

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