The recent slump in sterling should prompt a significant readjustment of the UK economy away from consumer spending towards exports, according to the EY ITEM Club winter forecast. But while economic growth will be better balanced it is also likely to be slower. The respected economic forecaster says that the impact of sterling in increasing…
Prime Minister Theresa May is today launching proposals for a modern Industrial Strategy aimed at building on Britain’s strengths and securing a future as a competitive, global nation. At the heart of the Strategy green paper, published today, is an offer to businesses to strike new “Sector Deals” to address sector-specific challenges and opportunities –…
UK CEOs are lagging behind the rest of the world in addressing how artificial intelligence (AI) and automation will impact their business, according to PwC research. PwC’s 20th CEO Survey, published at the World Economic Forum in Davos, reveals that nearly half (47%) of UK CEOs say they are not currently addressing the impact of…
A review looking at the uses of “limited partnerships” in the UK has been launched following recent allegations that some businesses registered in Scotland are being used for criminal purposes. Evidence is being gathered across the UK but with a particular focus on Scotland. Unlike those set up in England, Wales and Northern Ireland, Scottish…