UK Consumer Trends Britain’s second-largest supermarket, Sainsbury’s, has released it’s data on UK consumer spending insights. The data showed that optimism around the UK economy has risen sharply to a peak of 49% of the public believing that the general economic situation will “get better” in the next six months. As expected, this coincides with the perception of the economic situation getting “worse” being stated by just 29% of shoppers- by ...
Read More
A firm majority of customers, 82%, give Accountor a ‘high rating’ after the company has focused upon developing the contact people have with them. The business has the objective of creating and fostering a good relationship between consultants and customers which is first, and foremost, achieved through proactive communication. Accountor is experiencing a continued trend in digitalisation and has been working on further developing systems (including: usability, integrations, improvements, reports and ...
Read More
Rothschild & Co, a BSCC member, have delivered their highest quarterly revenue for their Global Advisory department in Q1 of 2021. Turnover was up 47% to €394.9m for the first three months of the year which highlighted a significant improvement from the €269.1m generated in the same period last year. Assets under Management were also up 7% (€83.6bn) due to record Net New Assets in Wealth Management and a healthy ...
Read More
Green Economy The Confederation of British Industry (CBI) has said that the UK must put divisions over Brexit behind them and focus upon building a fairer, greener economy. The CBI are now launching their own “landmark” plan, called ‘Seize the Moment’, for the next decade which they believe will drive a further £700bn of economic growth by 2030. This report specifically focuses on the UK government’s policy agenda of addressing geographic ...
Read More
Ragnar Agnell at Centigo, a BSCC Patron Member, has written a recent commentary on the challenges of post-Brexit supply chains. His piece discusses some of the immediate costs which may come as a result of the UK leaving the EU due brokerage fees, increases in transport rates and/or higher raw material prices. All of these processes are non-value-adding activities which have reduced the focus upon supply chain optimisations. The rise ...
Read More
RiskPoint, a BSCC Patron Member, has established a new Business area this month to facilitate more financial requirements. The ambitious move has started in Sweden but will eventually expand to the greater Nordics before entering into other territories. RiskPoint is a European based Insurance Managing General Underwriting (MGU) agency with a focus upon quality, compliance and driving efficiencies which will mutually benefit this new expansion. The new Business area will allow, ...
Read More
UK’s 17th May Reopening On Monday, 17th May, the restrictions on businesses and venues in England were reduced as part of ‘Step 3’ in the Government’s roadmap out of lockdown plan. All restaurants, pubs, social clubs, cafes, hotels, group exercises, casinos, cinemas, museums, stately/historic homes, theatres and many others were able to resume to almost complete normality. PM Johnson thanked the nation for their sacrifices and declared “your efforts have so ...
Read More
Ireland’s two largest ferry operators, Irish Ferries and Stena Line, a BSCC Patron Member, this month called for the reopening of the Common Travel Area (CTA) at the earliest opportunity. They also welcomed the proposal by Ireland’s deputy head of government, Varadkar, discussing the possibility of restoring the Common Travel Area (CTA) between Ireland and Britain as an “initial first step” for the travel and tourism sectors. With the virus at ...
Read More
Jersey Fishing Disputes The island of Jersey, a British Crown Dependency, sits in the English Channel and lies just 22km from the French coast. However, on Thursday, the port of Jersey was blockaded by 60 French boats due to disputes over access to fishing waters around the island. Under the new post-Brexit rules: 41 licenses/permits have been issued to French fishing vessels to access Jersey’s waters but some of these fishers ...
Read More
UK Elections On Thursday (6th May), the UK will be holding ‘bumper elections’ as all local elections from 2020 and 2021 will be merged into the one day democratic event now that COVID appears to be under control. An estimated 48m people are eligible to vote and the election will provide most regions with their first opportunity to grade the performance of the government since the 2019 election. Currently polling suggests ...
Read More