Tag: think tank

Technology offers solution to boosting pensions

Technology offers solution to boosting pensions

The Future Foundation think tank suggests that everyday technology such as a TV remote control or an ATM could be used by savers to top up their pension pots. In its ‘Pensions – The Solutions’ report, produced for insurance provider Friends Life, the Future Foundation says that technology could make it much easier for people [...]

February 23, 2012 | 0 Comments More
Ifo: German business confidence falls for third straight month

Ifo: German business confidence falls for third straight month

The Munich-based Ifo think tank has today revealed confidence among German firms fell for the third consecutive month in September. The closely-watched Business Climate Index dipped to 107.5 this month from August’s reading of 108.7 - this represented the lowest level since June 2010. However, the fall was not as bad as the 106.5 economists [...]

NIESR: UK economic recovery to remain sluggish

NIESR: UK economic recovery to remain sluggish

Recovery of the UK economy is to remain sluggish, with GDP slowing to 0.2% in the June to August period, the National Institute of Economic and Social Research (NIESR) predicts. This compares with a 0.6% rate in the three months to July. The influential think tank believes if the weakness continues, the Bank of England [...]

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Think tank revises UK growth forecast

Think tank revises UK growth forecast

Respected think tank, Ernst & Young ITEM Club, has lowered its growth forecast for the UK economy after warning that the UK is at a “critical juncture”. The ITEM Club now believes the UK economy will expand by 1.4% this year, down from an earlier estimate of 1.8%. Furthermore, it is predicting growth of 2.2% [...]

UK High Street in for a challenging time says think tank

UK High Street in for a challenging time says think tank

Respected think tank, Ernst & Young ITEM Club, has today said UK retailers are in for a tough time as household incomes become even further squeezed amid rising inflation and soaring energy bills. The think tank is forecasting consumer spending to rise by just 2% a year in the next decade as family finances are [...]

NIESR estimates 0.7% growth for UK for Q1

NIESR estimates 0.7% growth for UK for Q1

Influential think tank, the National Institute of Economic and Social Research (NIESR), has today suggested the UK economy recovered in the first quarter of the year after bad weather conditions led to a shock contraction in the final quarter of last year. The economy contracted by 0.5% in the October to December period after the [...]

Report warnings of housing shortage

Report warnings of housing shortage

A report by the Institute for Public Policy Research (IPPR) has established that England could face a massive housing shortage by 2025. The think tank concludes that there is likely to be a shortfall of 750,000 homes by 2025 with the areas worst hit including London, the South East of England, the East, and Yorkshire [...]

NIESR forecasting three rate rises this year

NIESR forecasting three rate rises this year

Influential think tank, the National Institute for Economic and Social Research (NIESR) is expecting the Bank of England to lift interest rates three times this year. The London-based think tank made the comments after calling on Chancellor George Osborne to consider deferring the harsh spending cuts the Government has introduced. Ray Barrell of the NIESR [...]

Think tank predicts rising jobless levels

Think tank predicts rising jobless levels

Think tank, the Institute of Public Policy Research (IPPR), has warned that “unemployment will reach new highs for this economic downturn.” Its gloomy assessment comes as the Office for National Statistics (ONS) today revealed UK unemployment rose in the three months to November. The ONS said unemployment grew by 49,000 in the three month period [...]

Think tank urges central bank to keep interest rates low

Think tank urges central bank to keep interest rates low

Influential think tank, the Ernst & Young Item Club, is urging the Bank of England not to be pressurised into lifting UK interest rates as it could threaten the economic recovery. Interest rates have been at the historic low of 0.5% since March 2009 - when the economy was in the midst of recession. Despite [...]

OECD cuts UK economic growth

OECD cuts UK economic growth

Influential think tank, the Organisation for Economic Co-operation and Development (OECD) has today revised its growth for the UK economy, as a result of the Coalition Government’s austerity measures, designed to bring down the budget deficit. However, the revision comes as no surprise as experts have been predicting that the harsh spending cuts will undoubtedly [...]

NIESR warns BoE not to act hastily regarding QE

NIESR warns BoE not to act hastily regarding QE

Influential think tank, the National Institute for Economic and Social Research (NIESR), is urging the Bank of England to be cautious when considering its next move for the UK economy. Speculation is mounting that the Bank of England will pump a further £50 billion into the economy next month via its quantitative easing (QE) programme. [...]

Unemployment in OECD countries hits 45.5m

Unemployment in OECD countries hits 45.5m

Influential think tank, the Organisation for Economic Co-operation and Development (OECD) has today said the number of unemployed in the 33-member OECD countries hit 45.5 million in August. The Paris-based organisation said the jobless rate in August for the area was 8.5%, falling from 8.6% in July. A statement from the Organisation noted that the [...]

Think tank warns of fresh bank bailout

Think tank warns of fresh bank bailout

According to the New Economics Foundation (NEF), banks could be forced to seek more support from the taxpayer next year, due to a £25 billion funding gap. The NEF has published a report on Britain’s banks entitled “Where Did Our Money Go?” and the 88-page document suggests an urgent reform of the sector is required, [...]

Sharp interest rate rises on the way, predicts think tank

Sharp interest rate rises on the way, predicts think tank

Influential think tank, the Policy Exchange, has warned interest rates may be hiked to 8% by 2012, in order to combat stubbornly high inflation. Interest rates remain at the 300-year record low of 0.5% - where they have been since March 2009 - in order to boost the economy and bring it out of recession. [...]

Think tank provides gloomy recovery prospects

Think tank provides gloomy recovery prospects

Influential think tank, the National Institute for Economic and Social Research (NIESR), believes the economic recovery will be slower than the Government anticipates. The new coalition Government is optimistic in its prediction for economic growth and expects it to be 2.3% next year and 2.8% the year after. However, the Institute is forecasting that the [...]

UK Q1 economic growth figures remain unchanged

UK Q1 economic growth figures remain unchanged

The Office for National Statistics (ONS) has today revealed the UK economy grew by 0.3% in the January to March period – unchanged from the previously estimated figure, but marginally higher than the first estimate of 0.2%. Analysts had expected GDP to remain unchanged in the first quarter but many economists believe that economic growth [...]

ONS to issue final estimate of Q1 growth tomorrow

ONS to issue final estimate of Q1 growth tomorrow

The Office for National Statistics (ONS) is tomorrow expected to leave its estimate of GDP in the January to March unchanged at 0.3%. Gross Domestic Product (GDP), a key measure of economic growth, is closely watched by economists as an indication of the health of the economy. The figures were due to be released last [...]

Think tank warns recovery will be sluggish due to austerity measures

Think tank warns recovery will be sluggish due to austerity measures

The National Institute of Economic and Social Research (NIESR) is forecasting that the UK economy expanded by 0.7% in the three months to the end of June. Official figures for the period will be released later this month but the think tank believes most of the growth occurred over April and May. Growth is expected [...]

Think tank concerned for unemployment in rich economies

Think tank concerned for unemployment in rich economies

Economic think tank, the Organisation for Economic Co-operation and Development (OECD), has today said unemployment remains a concern in rich economies. In particular, the OECD has expressed concern for the UK economy, after the Government axed investment for job programmes. It believes the unemployment rate will hover around the 8% mark for at least the [...]