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12th of July 2011
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News Tag: survey

July 11, 2011

BCC survey reveals fragile economic recovery

by Kay Mitchell
”BCC
A quarterly survey by the British Chambers of Commerce (BCC) revealed that the UK economy was “fragile”. The BCC’s survey for the three months to the end of June showed a slow recovery and estimates that the economy grew by 0.3% in the period – slower than the 0.5% growth in the first quarter. Commenting on the findings, BCC chief economist David Kern, ...




July 4, 2011

Survey reveals financial sector grew in Q2

by Kay Mitchell
”Survey
A quarterly survey of the UK’s financial services sector by PricewaterhouseCoopers (PwC) and the Confederation of British Industry (CBI) has revealed business volumes grew in the three months to the end of June, albeit at a slower rate. Companies were asked how their business volumes fared in the second quarter with almost half saying volumes rose and 28% said they fell. ...




July 1, 2011

China manufacturing growth slows further

by Kay Mitchell
”China
Manufacturing activity in China eased last month, two separate surveys have revealed today. Firstly, the official China Federation of Logistics and Purchasing (CFLP) said its purchasing managers index (PMI) fell to 50.9 in June from May’s reading of 52 – the lowest level since February 2009. The reading was also lower than expectations of a reading of 51.5. Secondly, the HSBC China Manufacturing PMI also ...




June 30, 2011

UK consumer confidence dips in June

by Kay Mitchell
”UK
A survey of 2,000 individuals, conducted between June 3 and 12, has revealed a fall in consumer confidence. According to the survey of consumer attitudes, carried out by GfK NOP Social Research, confidence dipped by 4 points to -25 in June after May’s 10 point rise, which represented the biggest increase since May 1993. The reading was also worse than economists had expected. ...




June 27, 2011

Credit card usage falls sharply

by Kay Mitchell
”Credit
The British Retail Consortium (BRC) has today reported a fall in credit card usage as consumers look to cash and debit cards for their purchases. According to a survey by the BRC, which represents 90% of the UK's stores, shoppers are opting to use their debit cards and cash to avoid borrowing. However, the number of transactions involving cash fell, although the average ...




June 17, 2011

Survey reveals rents continue to surge

by Kay Mitchell
”Survey
A survey by LSL Property Services has revealed rents in England and Wales continue to rise, with the average rent hitting almost £700 last month. May represented the fourth consecutive month that the average rental cost rose. According to LSL, the average rent stands at £696 – 4.4% higher than this time last year. However, rental costs vary across the country with ...




June 14, 2011

Rics: Spring selling hit by lack of mortgage availability

by Kay Mitchell
”Rics:
The Royal Institution of Chartered Surveyors (Rics) has today reported that the traditional spring selling season has been hit by a lack of mortgage finance and economic uncertainty. This time of year is traditionally busy for the housing market but securing a mortgage remains difficult for many potential buyers – particularly first-time buyers. Furthermore, the economic uncertainty means the housing ...




May 31, 2011

Survey reveals first-time buyer fears

by Kay Mitchell
”Survey
A survey by the Halifax has revealed many first-time buyers fear they will not be able to get on the property ladder. The survey of 4,000 non-homeowners found two-thirds believe home ownership is unattainable. Stricter lending criteria, which has resulted in lenders demanding large deposits, is deterring many would-be homebuyers, according to the survey. Almost half of those questioned said they would like to save ...




May 26, 2011

CBI: UK service sector firms show cautious optimism

by Kay Mitchell
”CBI:
A survey by the CBI has revealed consumer service firms have been hit by a cut back on spending. According to the CBI, firms such as hotels, bars and restaurants, saw evidence of weak demand but are optimistic about future prospects as conditions are not expected to be as challenging in the coming quarter. Meanwhile, business services firms, which include accountancy ...




April 14, 2011

Scotland’s economy stalls in Q1

by Kay Mitchell
...




April 4, 2011

Survey reveals financial services sector grew in Q1

by Kay Mitchell
”Survey
A quarterly survey of the UK’s financial services sector by PricewaterhouseCoopers (PwC) and the Confederation of British Industry (CBI) has revealed that business volumes grew in the three months to the end of March. The financial services sector, which represents around 8% of GDP, has been badly affected by the credit crunch and debt crises in Ireland and other European ...




April 2, 2011

Survey reveals mortgage availability set to improve

by Kay Mitchell
Survey reveals mortgage availability set to improve
There is some good news for the housing market after a Bank of England survey revealed mortgage availability is set to improve in the coming months. The survey comes as mortgage lending continues to remain subdued as first-time buyers, in particular, struggle to obtain a mortgage unless they have a substantial deposit. Since the credit crunch more than three years ago, lending ...




March 28, 2011

Survey reveals take-home pay down £1,000

by Kay Mitchell
”Survey
According to a survey commissioned by BBC One's Panorama programme, employees are £1,088 a year worse off than they were two years ago as take-home pay fails to keep in line with inflation. At the start of this year, the typical British worker earned £20,149 - a drop of 5% from what they were earning in the middle of the recession. Meanwhile, ...




March 21, 2011

Markit: Household finances at two-year low

by Kay Mitchell
”Markit:
The Markit Household Finance Index has revealed that households are at their most pessimistic about their finances since March 2009 - when the country was in the midst of recession. The gloomy report comes ahead of Wednesday's Budget - when Chancellor George Osborne will unveil the Government’s 2011/12 tax and spending plans. Meanwhile, Markit's household finance index, which measures the change in ...




March 18, 2011

UK consumer confidence sinks to record low in February

by Kay Mitchell
”UK
The latest survey from the Nationwide Building Society has revealed a severe decline in UK consumer confidence for the month of February. The building society’s consumer confidence index plunged to 38 in February - a fall of 10 points and the lowest level since records began in May 2004. The latest fall means confidence is lower than at any ...




March 7, 2011

EEF manufacturing survey reveals optimism

by Kay Mitchell
”EEF
A survey by the Engineering Employers’ Federation (EEF), the manufacturers’ trade body, has revealed manufacturing output eased at the start of 2011, however, firms are optimistic about this year‘s prospects. The survey revealed a balance of 25% of firms reported an increase in output in the first quarter, down from 33% in the previous quarter. However, the balance exceeded the EEF's forecast and contributed ...




February 25, 2011

UK consumer confidence remains weak

by Kay Mitchell
”UK
A survey conducted between February 4 and 13 revealed a slight rise in consumer confidence. According to the survey of consumer attitudes, carried out by GfK NOP Social Research, confidence rose one point to minus 28 - an improvement on January’s fall which represented the biggest since the last recession in 1992. However, the reading remains way below the level of -14 registered ...




February 2, 2011

US manufacturing output beats expectations in January

by Kay Mitchell
”US
The latest survey from the Institute for Supply Management (ISM) has revealed a rise in US factory output. According to the ISM, the manufacturing activity index rose to 60.8 in January, from December’s 58.5. The reading, which was the highest since May 2004, was better than analysts expected and drove US stocks up to a 2½-year high. Furthermore, the index continues to stay ...




January 28, 2011

UK consumer confidence hit by VAT hike

by Kay Mitchell
”UK
A survey conducted between December and January revealed a sharp fall in consumer confidence. According to the survey of consumer attitudes, carried out by GfK NOP Social Research, confidence plunged by 8 points to -29, the biggest fall since the last recession in 1992. The research company highlights that the figure was the lowest since March 2009, when it stood at -30, ...




January 24, 2011

Survey reveals households’ pessimism over finances

by Kay Mitchell
”Survey
The Markit Household Finance Index has revealed that households are at their most pessimistic about their finances since April 2009. According to Markit, households are concerned about rising inflation and the survey suggests a gloomy outlook as finances are expected to deteriorate over the next 12 months. The index fell to 36.1 points in January, down from 39.9 in the previous month ...




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