CCR Magazine

CCRi banner ad
You are here  :Home arrow News arrow BUGDET COMMENT: Growth forecast predictions
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines


Commercial Credit News


BUGDET COMMENT: Growth forecast predictions PDF Print E-mail
Thursday, 09 March 2017
Chris Manson, CEO of Newable, comments on Philip Hammond’s Spring Budget announcement:   “Philip Hammond’s endorsement of the OBR’s growth forecast of 2.0% in today’s Budget is positive news that puts the UK amongst the strongest economies in the G7. However, the fact that Mr. Hammond went on to downgrade growth forecasts in the coming years suggests that confidence is still fragile. Newable’s Gross Domestic Confidence research proves that business confidence is an essential component to growth and that it directly impacts the future of our economy. The research, conducted in partnership CEBR, reveals that business confidence remains significantly below historic norms. In this context, businesses are less likely to create new jobs and make new investments in their business. The result is that GDP could undershoot the Mr Hammond’s forecast by an estimated 0.5%. It is crucial that we continue to inspire confidence, so that businesspeople are willing to make bold decisions that will have a positive impact on the economy. To achieve this goal, it will be vital to make business finance fair and accessible, to help businesses commercialise their innovation and to provide practical assistance with exporting.”
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

 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


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.


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

Registered in England No: 05483197