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Image for Davos 2023: What you need to know about the WEF on MondayTop Stories

Davos 2023: What You Need to Know About the Wef on Monday

Image for Environment risks dominate in “polycrisis” world – WEF surveyBusiness

Environment Risks Dominate in “polycrisis” World – Wef Survey

Image for The skills gap to become the skills chasm in 2023Business

The Skills Gap to Become the Skills Chasm in 2023

Image for UK becoming less attractive for investment, manufacturers warnTop Stories

UK Becoming Less Attractive for Investment, Manufacturers Warn

Image for UK becoming less attractive for investment, manufacturers warn

UK Becoming Less Attractive for Investment, Manufacturers Warn

Date: January 9, 2023

By Andy Bruce LONDON (Reuters) – Britain has become less competitive and less attractive to foreign investors as a result of soaring energy costs and recent political turmoil, manufacturers said in an industry survey released on Monday. The proportion of manufacturers who think Britain is a competitive location halved to 31% from 63% a year...

Image for UK public’s inflation expectations fell in December: Citi/YouGov

UK Public’s Inflation Expectations Fell in December: Citi/YouGov

Date: January 4, 2023

LONDON (Reuters) – The British public’s expectations for future inflation fell last month, according to a survey from Citi and YouGov which the U.S. bank said showed a reduced risk that a recent 41-year high in inflation would become entrenched. The BoE closely watches surveys of households’ inflation expectations, as it believes they can offer...

Image for Decline in German services sector eases, raising hopes for milder recession -PMI

Decline in German Services Sector Eases, Raising Hopes for Milder Recession -PMI

Date: January 4, 2023

BERLIN (Reuters) – High inflation and economic uncertainty extended a downturn in the German services sector in December, though a slower pace of decline in activity adds to hopes of a milder-than-expected recession, a survey showed on Wednesday. S&P Global’s final services Purchasing Managers’ Index (PMI) rose to 49.2 from 46.1 in November. That marks...

Image for Spanish manufacturing output down for 6th straight month in Dec -PMI

Spanish Manufacturing Output Down for 6th Straight Month in Dec -PMI

Date: January 2, 2023

MADRID (Reuters) – Factory activity in Spain shrank for the sixth month in a row in December, albeit at a slower pace than the previous month as easing inflation and stronger business confidence provided hope for a stabler period ahead, a survey showed on Monday. S&P Global’s Purchasing Managers’ Index (PMI) for manufacturing inched up...

Image for Russian services activity shrinks for third month running in Dec -PMI

Russian Services Activity Shrinks for Third Month Running in Dec -PMI

Date: December 30, 2022

MOSCOW (Reuters) – Activity in Russia’s services industry shrank for the third month running in December, a survey showed on Friday, as companies faced weak consumer demand at home, severe inflationary pressure and declining customer numbers. The S&P Global Purchasing Managers’ Index (PMI) for Russian services fell to 45.9 from 48.3 a month earlier, dropping...

Image for Why the cost of living crisis could trigger a step change in how future generations engage with financial services

Why the Cost of Living Crisis Could Trigger a Step Change in How Future Generations Engage With Financial Services

Date: December 29, 2022

By Sam North, Analyst, eToro 78% of Gen Z say the cost-of-living crisis has made them more likely to talk about finances with their peers, but what headwinds do they face and what’s causing them to open up? The cost-of-living crisis is really starting to bite. Prices are going up due to rampant inflation, which in...