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”
Tag: Inflation
Autumn Statement 2023 – Key Announcements
Alice Pugh looks at the OBR Economic Fiscal Outlook and breaks down the Chancellor’s Autumn Statement announcement from yesterday. On the day of the budget economic forecasts for the next 5 years are released by the Office for Budget Responsibility (OBR). These forecasts are important as they show the impact that the new Autumn statement … Continue reading “Autumn Statement 2023 – Key Announcements”
Inflation Highs Coming Down
Figures released by the ONS last week indicate that Consumer Price Inflation has reduced to 4.6%. Alice Pugh discusses what has caused inflation to fall and what it means for consumers. It has been a year since the consumer price inflation (CPI) index reached its highest rate in over 40 years, at 11.1% in October … Continue reading “Inflation Highs Coming Down”
West Midlands Economic Impact Monitor- 17 November 2023
This month continues to be turbulent. Conflict in the Middle East, unstable UK politics and continued stagnation of the economy. Whilst the economy is showing some resilience, prospects for growth remain low and rising global tensions are increasing worries of global shocks to already sensitive energy markets. The baseline forecast is for global growth to … Continue reading “West Midlands Economic Impact Monitor- 17 November 2023”
REDI-Updates: The Impact of Rising Prices on Businesses
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 Rising Prices on Businesses”
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: Drivers of Inflation
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: Drivers of Inflation”
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”
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”