This week’s Capital Agenda Blog comes from Alan Hudson, Head of UK&I Restructuring and Kirsten Tompkins, UK&I Transaction Advisory Services Content Editor. In 2019, a higher percentage of UK quoted companies issued profit warnings than 2008. We’re not facing recession. Insolvencies have risen in 2019 but are well below 2008 levels. This clearly isn’t as … More Why are profit warnings breaking 2008 records?
This week’s blog comes from Julie Carlyle, Partner and Head of Retail, UK & Ireland, and Brian Marshall, Transaction Advisory Services Retail Leader. Many retailers are pinning their hopes on the next six weeks – the golden period that could make or break their year. As we approach Black Friday, we’ll look at the prospects for … More Retail focus: Last Christmas?
This week’s blog comes from Julie Carlyle, Partner and Head of UK Retail at EY. Black Friday is almost here. It is strange to think that in just five years, one long weekend in November could come to mean so much to UK retailers. But this extended weekend now kicks off, shapes and sets the … More What will Black Friday tell us?
Last week I picked out the first five of my ten areas to watch this summer – including oil, which has lived up to its volatile billing. As with so much we discussed, pricing is difficult when structural change has ripped up the old playbook. This week I’m turning my attention to five more issues … More What I’m watching this summer (Part 2)
Profit warnings have grabbed the headlines, but the headline number is actually pretty average for the time of year. What’s extraordinary is the detail behind the profit warnings we saw in an eventful first quarter – and what these warnings say about the rapid reshaping of a large part of the UK economy. … More Profit warnings signal high street blues
This week we’re sharing insights from Jessica Clayton, Head of Retail Transactions and David Larsson, a Partner in EY Parthenon. It’s been a tough few months on the high street, but this week has really put its trials and tribulations in focus with two major retailers going into administration and further restaurant CVA. In this week’s blog, … More Why aren’t the tills ringing in 2018?
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?