Brexit the situation as of march 19th 2017Kitty Ussher
A summary of the political situation around Brexit, good for describing to international business audiences. Covers why the referendum result happened, and outlines what is likely to happen from now.
Service sector productivity finally starting to rise 6 jan 17Kitty Ussher
For the last few years economists have been worrying about the why productivity has remained stubbornly low even as the economy has got stronger. Part of the story is that employment has risen so strongly that output per hour worked hasn't gone up. There has also been particularly strong growth in the lower value service sector which brings down the average. But data from the ONS today has shown in the last year that even in this sector productivity has started to rise. in the last year even in this sector productivity has started to rise a little, although manufacturing has proved volatile.
(Source ONS productivity data released 6 January 2017)
Will it be a prosperous 2017? Household confidence turningKitty Ussher
The latest quarterly data on household disposable income and households own perceptions of their financial situation shows that both fell in the three months following the EU referendum. If this trend continues, 2017 will not feel like a prosperous new year.
Edinburgh and Belfast grow faster than LondonKitty Ussher
The economies of Belfast and Edinburgh grew the fastest in the UK in 2015 compared to London, according to an Office for National Statistics report on regional economic growth. While regional economies still have a way to go to catch up to London, the fast growth of Belfast and Edinburgh is encouraging for reducing regional inequality. However, the economies of some cities like Liverpool and Glasgow continue to grow much slower than London.
Brexit and jams political economy slides dec 2016.pptxKitty Ussher
How has Brexit changed the UK economy? How have the forecasts changed at the Autumn Statement in November 2016 compared to the March 2016 Budget? And what does this mean for "just about managing" families?
Uk economywatch chart of the week- 6th december 2016Kitty Ussher
The document is a chart showing mergers and acquisitions involving UK companies from 1990 to 2016. It shows that M&A activity peaked in 2007 but declined during the recession and has remained subdued since. In the first three quarters of 2016, M&A activity was lower than the same period in 2015, suggesting Brexit may be dampening deal activity in the UK.
Uk public sector debt forecasts 2010 16Kitty Ussher
UK debt is now expected to peak at 90% in 2017-18 compared to the forecast of 70% in 2013-14 that was predicted in 2010. This graph shows how the forecasts of UK government debt have just kept on rising since the establishment of the OBR.
Brexit the situation as of march 19th 2017Kitty Ussher
A summary of the political situation around Brexit, good for describing to international business audiences. Covers why the referendum result happened, and outlines what is likely to happen from now.
Service sector productivity finally starting to rise 6 jan 17Kitty Ussher
For the last few years economists have been worrying about the why productivity has remained stubbornly low even as the economy has got stronger. Part of the story is that employment has risen so strongly that output per hour worked hasn't gone up. There has also been particularly strong growth in the lower value service sector which brings down the average. But data from the ONS today has shown in the last year that even in this sector productivity has started to rise. in the last year even in this sector productivity has started to rise a little, although manufacturing has proved volatile.
(Source ONS productivity data released 6 January 2017)
Will it be a prosperous 2017? Household confidence turningKitty Ussher
The latest quarterly data on household disposable income and households own perceptions of their financial situation shows that both fell in the three months following the EU referendum. If this trend continues, 2017 will not feel like a prosperous new year.
Edinburgh and Belfast grow faster than LondonKitty Ussher
The economies of Belfast and Edinburgh grew the fastest in the UK in 2015 compared to London, according to an Office for National Statistics report on regional economic growth. While regional economies still have a way to go to catch up to London, the fast growth of Belfast and Edinburgh is encouraging for reducing regional inequality. However, the economies of some cities like Liverpool and Glasgow continue to grow much slower than London.
Brexit and jams political economy slides dec 2016.pptxKitty Ussher
How has Brexit changed the UK economy? How have the forecasts changed at the Autumn Statement in November 2016 compared to the March 2016 Budget? And what does this mean for "just about managing" families?
Uk economywatch chart of the week- 6th december 2016Kitty Ussher
The document is a chart showing mergers and acquisitions involving UK companies from 1990 to 2016. It shows that M&A activity peaked in 2007 but declined during the recession and has remained subdued since. In the first three quarters of 2016, M&A activity was lower than the same period in 2015, suggesting Brexit may be dampening deal activity in the UK.
Uk public sector debt forecasts 2010 16Kitty Ussher
UK debt is now expected to peak at 90% in 2017-18 compared to the forecast of 70% in 2013-14 that was predicted in 2010. This graph shows how the forecasts of UK government debt have just kept on rising since the establishment of the OBR.
Chart of the week - retail sales continue their upward path post BrexitKitty Ussher
October's data shows that UK consumers are feeling confident about purchases, although there is also an indication within the data that the falling pound is feeding through to higher petrol prices.
Chart of the week- 11th November 2016 - no Brexit effect in the trade dataKitty Ussher
The ONS this week released its monthly trade bulletin that covered the three month period after the Brexit vote. There was no discernible trend in the data despite the fall in sterling.
UK Economywatch - what's going on with clothing sales?Kitty Ussher
UK retail clothing sales figures for September 2016 were lower than expected, possibly due to either price rises for imported clothing after the Brexit vote reducing high street sales, or unseasonably warm weather delaying purchases of winter coats. Official statistics from the Office for National Statistics showed clothing sales, adjusted for seasonal variations, were lower from 2010 to 2016.
Uk economywatch chart of the week- 7th october 2016Kitty Ussher
As the debate about how to ensure that the UK services sector, and particularly financial services, can access the EU market continues, here's a chart that the ONS released this week that shows what is at stake.
Uk economywatch chart of the week- 23rd sept 2016Kitty Ussher
UK government debt as a percentage of GDP appears to have peaked according to recent data, leveling off unless GDP declines significantly in the second half of the year. Data from the Office for National Statistics shows public sector finances may have reached a high point for debt relative to the size of the economy. A chart from www.kittyussher.net discusses the latest debt figures.
Uk economywatch chart of the week- 9 sept 2016Kitty Ussher
So supposedly if sterling falls it makes our exports cheaper so thats good for UK exporters. But today the ONS published data that showed the prices of imports and exports are linked to each other, regardless of the exchange rate...
Kitty Ussher speech on the economy 28th june 2016 to chartered institute of h...Kitty Ussher
Speech given by Kitty Ussher on 28th June, shortly following the Brexit vote in the UK. Speech by Kitty Ussher given to the Chartered Institute of Housing 100th anniversary conference in Manchester 28th June 2016. Kitty Ussher is the Managing Director of Tooley Street Research Ltd.
This document summarizes the UK's political economy, including:
1) The economic overview shows positive growth in 11 charts.
2) The fiscal overview indicates the government has met its fiscal rules of a budget surplus and falling national debt levels.
3) The Autumn Statement included reversing planned tax credit cuts, less steep cuts to departments, and major changes to local government finance through business rates and council tax.
Pay progression - Understanding the barriers for the lowest paidKitty Ussher
The document analyzes barriers to pay progression for low-paid workers in the UK using data analysis and focus groups. Key findings include: (1) being female, older, part-time, or working outside London are strongly correlated with being stuck in low pay; (2) part-time work, small workplaces, and low-wage industries are associated with remaining in low pay; (3) higher qualifications, public sector work, and annual pay increments reduce the risk of being stuck. Implications for employers include addressing barriers for part-time workers, lack of internal promotion pathways, and understanding employee needs and satisfaction. Implications for government include providing career information, supporting entry-level jobs, and expanding early childhood education.
The document summarizes the UK government's summer budget for 2015. It notes that GDP growth is forecast to increase to around 3% by 2020 but that wages and inflation will remain modest. The budget proposes a slower reduction in the cyclically adjusted budget deficit while implementing steep cuts to working age benefits totaling £12 billion annually by 2019-2020 through a freeze on benefits and tax credits, reforms to universal credit, and reductions to housing benefits. It also outlines significant shifts to the tax regime including lower corporate tax rates and a new tax-free dividend allowance. Key items to watch include the upcoming spending review, the impact of welfare cuts, and the unemployment rate.
This document summarizes analysis from the Wealth and Assets Survey on the typical lifecycle of wealth accumulation in the UK. It identifies 8 common groups based on their wealth characteristics and lifecycle stage: from those with no prospects to the happily retired. It finds that people often inherit wealth when they need it least and housing dominates wealth. It discusses implications like taxing inheritance on receipt to encourage greater spreading of wealth and making other assets more attractive alternatives to housing.
Effect of the internet on the economically vulnerableKitty Ussher
The document examines how the internet has created financial opportunities for economically vulnerable groups. It finds that people with lower incomes and pre-school children as well as those with low qualifications running internet-dependent microbusinesses benefit. Additionally, regardless of socioeconomic status, many supplement their income through online trading. Those with less education appreciate the lower risk of online businesses. The document concludes that while the internet helps some improve their position, it is unclear if increased self-employment impacts productivity.
1. Elemental Economics - Introduction to mining.pdfNeal Brewster
After this first you should: Understand the nature of mining; have an awareness of the industry’s boundaries, corporate structure and size; appreciation the complex motivations and objectives of the industries’ various participants; know how mineral reserves are defined and estimated, and how they evolve over time.
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...AntoniaOwensDetwiler
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
5 Tips for Creating Standard Financial ReportsEasyReports
Well-crafted financial reports serve as vital tools for decision-making and transparency within an organization. By following the undermentioned tips, you can create standardized financial reports that effectively communicate your company's financial health and performance to stakeholders.
2. Elemental Economics - Mineral demand.pdfNeal Brewster
After this second you should be able to: Explain the main determinants of demand for any mineral product, and their relative importance; recognise and explain how demand for any product is likely to change with economic activity; recognise and explain the roles of technology and relative prices in influencing demand; be able to explain the differences between the rates of growth of demand for different products.
Chart of the week - retail sales continue their upward path post BrexitKitty Ussher
October's data shows that UK consumers are feeling confident about purchases, although there is also an indication within the data that the falling pound is feeding through to higher petrol prices.
Chart of the week- 11th November 2016 - no Brexit effect in the trade dataKitty Ussher
The ONS this week released its monthly trade bulletin that covered the three month period after the Brexit vote. There was no discernible trend in the data despite the fall in sterling.
UK Economywatch - what's going on with clothing sales?Kitty Ussher
UK retail clothing sales figures for September 2016 were lower than expected, possibly due to either price rises for imported clothing after the Brexit vote reducing high street sales, or unseasonably warm weather delaying purchases of winter coats. Official statistics from the Office for National Statistics showed clothing sales, adjusted for seasonal variations, were lower from 2010 to 2016.
Uk economywatch chart of the week- 7th october 2016Kitty Ussher
As the debate about how to ensure that the UK services sector, and particularly financial services, can access the EU market continues, here's a chart that the ONS released this week that shows what is at stake.
Uk economywatch chart of the week- 23rd sept 2016Kitty Ussher
UK government debt as a percentage of GDP appears to have peaked according to recent data, leveling off unless GDP declines significantly in the second half of the year. Data from the Office for National Statistics shows public sector finances may have reached a high point for debt relative to the size of the economy. A chart from www.kittyussher.net discusses the latest debt figures.
Uk economywatch chart of the week- 9 sept 2016Kitty Ussher
So supposedly if sterling falls it makes our exports cheaper so thats good for UK exporters. But today the ONS published data that showed the prices of imports and exports are linked to each other, regardless of the exchange rate...
Kitty Ussher speech on the economy 28th june 2016 to chartered institute of h...Kitty Ussher
Speech given by Kitty Ussher on 28th June, shortly following the Brexit vote in the UK. Speech by Kitty Ussher given to the Chartered Institute of Housing 100th anniversary conference in Manchester 28th June 2016. Kitty Ussher is the Managing Director of Tooley Street Research Ltd.
This document summarizes the UK's political economy, including:
1) The economic overview shows positive growth in 11 charts.
2) The fiscal overview indicates the government has met its fiscal rules of a budget surplus and falling national debt levels.
3) The Autumn Statement included reversing planned tax credit cuts, less steep cuts to departments, and major changes to local government finance through business rates and council tax.
Pay progression - Understanding the barriers for the lowest paidKitty Ussher
The document analyzes barriers to pay progression for low-paid workers in the UK using data analysis and focus groups. Key findings include: (1) being female, older, part-time, or working outside London are strongly correlated with being stuck in low pay; (2) part-time work, small workplaces, and low-wage industries are associated with remaining in low pay; (3) higher qualifications, public sector work, and annual pay increments reduce the risk of being stuck. Implications for employers include addressing barriers for part-time workers, lack of internal promotion pathways, and understanding employee needs and satisfaction. Implications for government include providing career information, supporting entry-level jobs, and expanding early childhood education.
The document summarizes the UK government's summer budget for 2015. It notes that GDP growth is forecast to increase to around 3% by 2020 but that wages and inflation will remain modest. The budget proposes a slower reduction in the cyclically adjusted budget deficit while implementing steep cuts to working age benefits totaling £12 billion annually by 2019-2020 through a freeze on benefits and tax credits, reforms to universal credit, and reductions to housing benefits. It also outlines significant shifts to the tax regime including lower corporate tax rates and a new tax-free dividend allowance. Key items to watch include the upcoming spending review, the impact of welfare cuts, and the unemployment rate.
This document summarizes analysis from the Wealth and Assets Survey on the typical lifecycle of wealth accumulation in the UK. It identifies 8 common groups based on their wealth characteristics and lifecycle stage: from those with no prospects to the happily retired. It finds that people often inherit wealth when they need it least and housing dominates wealth. It discusses implications like taxing inheritance on receipt to encourage greater spreading of wealth and making other assets more attractive alternatives to housing.
Effect of the internet on the economically vulnerableKitty Ussher
The document examines how the internet has created financial opportunities for economically vulnerable groups. It finds that people with lower incomes and pre-school children as well as those with low qualifications running internet-dependent microbusinesses benefit. Additionally, regardless of socioeconomic status, many supplement their income through online trading. Those with less education appreciate the lower risk of online businesses. The document concludes that while the internet helps some improve their position, it is unclear if increased self-employment impacts productivity.
1. Elemental Economics - Introduction to mining.pdfNeal Brewster
After this first you should: Understand the nature of mining; have an awareness of the industry’s boundaries, corporate structure and size; appreciation the complex motivations and objectives of the industries’ various participants; know how mineral reserves are defined and estimated, and how they evolve over time.
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...AntoniaOwensDetwiler
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
5 Tips for Creating Standard Financial ReportsEasyReports
Well-crafted financial reports serve as vital tools for decision-making and transparency within an organization. By following the undermentioned tips, you can create standardized financial reports that effectively communicate your company's financial health and performance to stakeholders.
2. Elemental Economics - Mineral demand.pdfNeal Brewster
After this second you should be able to: Explain the main determinants of demand for any mineral product, and their relative importance; recognise and explain how demand for any product is likely to change with economic activity; recognise and explain the roles of technology and relative prices in influencing demand; be able to explain the differences between the rates of growth of demand for different products.
Seminar: Gender Board Diversity through Ownership NetworksGRAPE
Seminar on gender diversity spillovers through ownership networks at FAME|GRAPE. Presenting novel research. Studies in economics and management using econometrics methods.
OJP data from firms like Vicinity Jobs have emerged as a complement to traditional sources of labour demand data, such as the Job Vacancy and Wages Survey (JVWS). Ibrahim Abuallail, PhD Candidate, University of Ottawa, presented research relating to bias in OJPs and a proposed approach to effectively adjust OJP data to complement existing official data (such as from the JVWS) and improve the measurement of labour demand.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Abhay Bhutada, the Managing Director of Poonawalla Fincorp Limited, is an accomplished leader with over 15 years of experience in commercial and retail lending. A Qualified Chartered Accountant, he has been pivotal in leveraging technology to enhance financial services. Starting his career at Bank of India, he later founded TAB Capital Limited and co-founded Poonawalla Finance Private Limited, emphasizing digital lending. Under his leadership, Poonawalla Fincorp achieved a 'AAA' credit rating, integrating acquisitions and emphasizing corporate governance. Actively involved in industry forums and CSR initiatives, Abhay has been recognized with awards like "Young Entrepreneur of India 2017" and "40 under 40 Most Influential Leader for 2020-21." Personally, he values mindfulness, enjoys gardening, yoga, and sees every day as an opportunity for growth and improvement.
Understanding how timely GST payments influence a lender's decision to approve loans, this topic explores the correlation between GST compliance and creditworthiness. It highlights how consistent GST payments can enhance a business's financial credibility, potentially leading to higher chances of loan approval.
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby...Donc Test
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby, Hodge, Verified Chapters 1 - 13, Complete Newest Version Solution Manual For Financial Accounting, 8th Canadian Edition by Libby, Hodge, Verified Chapters 1 - 13, Complete Newest Version Solution Manual For Financial Accounting 8th Canadian Edition Pdf Chapters Download Stuvia Solution Manual For Financial Accounting 8th Canadian Edition Ebook Download Stuvia Solution Manual For Financial Accounting 8th Canadian Edition Pdf Solution Manual For Financial Accounting 8th Canadian Edition Pdf Download Stuvia Financial Accounting 8th Canadian Edition Pdf Chapters Download Stuvia Financial Accounting 8th Canadian Edition Ebook Download Stuvia Financial Accounting 8th Canadian Edition Pdf Financial Accounting 8th Canadian Edition Pdf Download Stuvia
How Does CRISIL Evaluate Lenders in India for Credit RatingsShaheen Kumar
CRISIL evaluates lenders in India by analyzing financial performance, loan portfolio quality, risk management practices, capital adequacy, market position, and adherence to regulatory requirements. This comprehensive assessment ensures a thorough evaluation of creditworthiness and financial strength. Each criterion is meticulously examined to provide credible and reliable ratings.
1. UK economywatch: chart of the
week: 16th Sept 2016
This long run data on
employment rates
published this week shows
how the male and female
rates have converged over
40 years, but still a big gap.
www.kittyussher.net