This week we’re sharing retail insights from Jessica Clayton, Head of Retail Transactions and David Larsson, a Partner in EY Parthenon. EY research shows UK retailers displaying more discount discipline during Black Friday week itself, when compared to 2016. But, the extended season, slipping sales and growing pressure on consumers doesn’t bode well. Retailers will … More Retail focus: Black Friday….Red January?
In the last few weeks, EY surveys and reports have taken the temperature of the UK’s capital confidence, earnings forecasts and the economy. In this week’s blog, we’re pulling this together and picking out five essential takeaways. UK companies face an extraordinary range of challenges; but they are also taking extraordinary measures, doing more than … More Five takeaways….
This week’s blog comes from Alan Hudson Restructuring Leader UK & Ireland. EY’s latest analysis shows UK profit warnings springing back from a seven-year low to hit 75 in Q3 2017 – well above the 62 average for a summer quarter and the biggest quarterly rise in almost six years. This week’s blog takes a … More Profit warning yo-yos and omens
I have a strong feeling that we’ve been here before. Major central banks making tightening noises with nothing to little happening has been a recurring theme since we started this blog. So what could be different this time? Three of the four major central banks have effectively billed the next quarter as one where they will … More The interest rate conundrum
If we take one message from recent trading statements, it’s that UK consumers are feeling the strain. Of the fourteen profit warnings we’ve recorded in the last ten days, nine are from consumer-related sectors and four are from companies in the FTSE Travel & Leisure sector. This week’s blog focuses on restaurants, a sector that’s … More Why is restaurant distress back on the menu?
As we move into autumn I’m struck by growing contrasts. Heightened geopolitical tensions are hard to miss and financial risks are moving back in the spotlight. But, there are also many positives, including improving earnings and Eurozone story. This week we highlight some of the themes we think exemplify this contradictory outlook – and think about … More Season of contrasts
Hello, I’m Adrian Browne and very pleased to be taking over from Michel Driessen, both as UKI TAS Markets Leader and as chief editor of this blog. I want to start my blog career by posing a question that I think we’ll be coming back to many times. Markets are losing momentum, but how much can we … More How will we know if the cycle is turning?