‘Bumpy’ recovery for firms in the UK

According to a recent report UK firms should be prepared for a bumpy ride to recovery over the course of this year. Despite a fall in the number of profit warnings over the final quarter of last year the accountancy company Ernst & Young has stated that the recovery for UK firms is still likely to b a bumpy and challenging one, and that companies needed to prepare themselves for this. Read more

Tags: Ernst & Young, United Kingdom, accountancy, spending, recession, economics, scheme, contrast

Still no major risk of recession

A recent report from the Ernst and Young ITEM club claims that despite the various factors affecting the economy and the financial climate in the UK, the risk of a recession occurring is still pretty low. The economy has suffered a slow down over recent months, and this is expected to continue over the course of this year. However, it is unlikely to end in recession according to the data on the report. Read more

Tags: Ernst & Young, interest rate, cheap no-questions-asked credit, risk, major risk, economy, england, bank of england