CCR Magazine

CCRi banner ad
You are here  :Home arrow News arrow EY Study indicates positive outlook for the UK, but businesses must operate with caution post-Brexit
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines

Headlines

 
Commercial Credit News

Headlines

 
EY Study indicates positive outlook for the UK, but businesses must operate with caution post-Brexit PDF Print E-mail
Tuesday, 21 February 2017
“Statistics released by Ernst & Young offer positive reading for Britain’s post-Brexit prospects, with the Office for Budget Responsibility’s (OBR) forecast expected to lower borrowing predictions and revise UK GDP up to 1.6% from 1.4%. Nonetheless business leaders must prepare for the long term challenges, as the true impact of Brexit remains unknown and won’t be felt until well after Article 50 is invoked. Business growth and opportunity will become even harder to secure, although UK entrepreneurs remain optimistic about prospects; our research plainly highlighted the challenges with 64% of businesses already seeing Brexit damage potential growth. 

“Despite the UK economy displaying an initial resilience, it remains to be seen whether Brexit will be positive for the finances of UK-based companies. The announcement of a ‘hard Brexit’ offered a strong indication of the route the UK will be moving towards but discussions on topics such as financial passporting, immigration, etc. will continue for some time. Meanwhile, businesses looking to secure smart growth should turn to data. Data can uncover potential opportunities, while also helping to mitigate potential risk. The business world is moving towards a digitally-led era, and with that comes the necessity to implement a data-led approach that can help businesses thrive in times of economic uncertainty.”

Markus Kuger, Senior Economist, Dun & Bradstreet
 
CCRI
3 October - Guoman Tower Hotel, Central London 

CCRInteractive, in association with Marston Holdings , is the largest and leading one-day conference from the publishers of CCRMagazine – a truly national and international event for the credit industry.

This landmark event allows delegates to: Learn best practice of how to increase profitable sales in today’s economy. Understand the key compliance issues and how they will impact upon you. Discuss the legislative and regulatory framework and how it will effect you. Consider the potential effects of Brexit on your business. Discover the latest innovations in the market to improve your collections. Motivate your staff to achieve ever improved results.

To book to attend in 2017, contact Stephen Kiely  or Alison Lucas. To find out more about being part of this landmark event, please contact Gary Lucas
CCRI 

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

The Credit Excellence Awards

Awards 

Tuesday 3 October - Guoman Tower Hotel, Central London


Do not miss your chance to meet and network with the Winners and Finalists at the Credit Excellence Awards, in association with Hoist Finance.


To book your place to attend, please contact Alison Lucas.


subscriptions

CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


 

Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road
Southend-on-Sea
Essex
SS1 1EP

Registered in England No: 05483197