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Ernst & Young

A fall in UK GDP unseen since 1945 to be posted for this year

July 20, 2009 - 5:43am | Analytics | News
A fall in UK GDP unseen since 1945 to be posted for this year

According to Ernst & Young ITEM Club summer forecast, UK gross domestic product is likely to decrease by 4.5 percent this year, the largest decline since 1945. A "subdued recovery" of half a percentage point is likely to follow for the UK economy next year, but a sustainable improvement will only be attained when world trade starts to pick up.
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bank | consumer spending | credit | Ernst & Young | interest rates | lending | UK GDP
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Ernst & Young study: business optimism rising among senior financial executives

June 23, 2009 - 3:40pm | Figures | News
Ernst & Young study: business optimism rising among senior financial executives

According to a study sponsored by Ernst & Young LLP, most Canadian financial executives believe an economic recovery is on the horizon. Prepared by the Canadian Financial Executives Research Foundation, the report found that 55.5% of respondents think the economy will rebound in 2010; 30.5% predicted that recovery would happen in 2011.
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Canada | economic recovery | Ernst & Young | survey
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