West Midlands Economic Impact Monitor – 15 December 2023

As 2023 draws to a close, the challenges of inflation (although falling) and low growth remain. The cost of living, the NHS and the economy are key concerns for the general public. However, businesses in the West Midlands are still optimistic as indicated by the Future Business Activity Index. Global, national and regional outlook The … Continue reading “West Midlands Economic Impact Monitor – 15 December 2023”

REDI-Updates: How are Consumer Trends Changing in the Cost-Of-Living Crisis?

The latest edition of REDI-Updates is out now – providing expert data insights and clear policy guidance. In this edition, the WMREDI team investigates what factors are contributing to the cost-of-living crisis and the impact it is having on households, businesses, public services and the third sector. We also look at how the crisis in … Continue reading “REDI-Updates: How are Consumer Trends Changing in the Cost-Of-Living Crisis?”

Shrinkflation and Skimpflation – A Permanent Loss in What Your Money can buy

Alice Pugh discusses Shrinkflation and Skimpflation and how these have had an adverse effect on the consumers. This blog was originally published in the Birmingham Business School Blog. What is Shrinkflation?  Shrinkflation is when the size of a product decreases, but the price remains constant. It is a discrete way of increasing the price of … Continue reading “Shrinkflation and Skimpflation – A Permanent Loss in What Your Money can buy”

REDI-Updates: The Impact of the Cost-Of-Living on Households

The latest edition of REDI-Updates is out now – providing expert data insights and clear policy guidance. In this edition, the WMREDI team investigates what factors are contributing to the cost-of-living crisis and the impact it is having on households, businesses, public services and the third sector. We also look at how the crisis in … Continue reading “REDI-Updates: The Impact of the Cost-Of-Living on Households”

REDI-Updates: How Does the Cost-of-Living Crisis Compare Internationally?

The latest edition of REDI-Updates is out now – providing expert data insights and clear policy guidance. In this edition, the WMREDI team investigates what factors are contributing to the cost-of-living crisis and the impact it is having on households, businesses, public services and the third sector. The cost-of-living crisis has been felt keenly in … Continue reading “REDI-Updates: How Does the Cost-of-Living Crisis Compare Internationally?”

REDI Updates: What is the Cost-of-living Crisis?

The latest edition of REDI-Updates is out now – providing expert data insights and clear policy guidance. In this edition, the WMREDI team investigates what factors are contributing to the cost-of-living crisis and the impact it is having on households, businesses, public services and the third sector. We also look at how the crisis in … Continue reading “REDI Updates: What is the Cost-of-living Crisis?”

REDI-Updates: Cost-Of-Living Crisis – The Impact of the Crisis and the Supply-Side Failures Driving It

The latest edition of REDI-Updates is out now – providing expert data insights and clear policy guidance. In this edition, the WMREDI team investigates what factors are contributing to the cost-of-living crisis and the impact it is having on households, businesses, public services and the third sector. We also look at how the crisis in … Continue reading “REDI-Updates: Cost-Of-Living Crisis – The Impact of the Crisis and the Supply-Side Failures Driving It”

Birmingham in Crisis: Understanding the Challenge of Local Authority Budget Cuts and the Effect on Good Financial Management

Rebecca Riley and Abigail Taylor discusses the recent financial crisis to hit Birmingham City Council, and how the root of the issues facing this council and others around the UK, are a decade in the making. This week it was announced that Birmingham City Council faces a spending freeze and greater scrutiny of its budget. An … Continue reading “Birmingham in Crisis: Understanding the Challenge of Local Authority Budget Cuts and the Effect on Good Financial Management”

The Energy Price Cap and Price Guarantee: What Does it Mean for Your Energy Bill?

Dr Annum Rafique looks at how you can save on your energy bills, what support is available and what to look for looking ahead into the future. The energy price cap sets a maximum price that energy suppliers can charge consumers for each kilowatt hour (kWh) of energy they use. The price cap is for … Continue reading “The Energy Price Cap and Price Guarantee: What Does it Mean for Your Energy Bill?”

The Nightmare Before Christmas

Alice Pugh looks at the impact of the cost-of-living crisis on the Christmas season. Whether you view Christmas as a religious or commercial holiday, for most households in the UK it should be a beautiful time of the year filled with joy. However, this year the cost-of-living crisis is the grinch which is stealing Christmas … Continue reading “The Nightmare Before Christmas”