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Grant Thornton – Latest Economic Briefing

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Grant Thornton’s latest Economic Briefing is out now and once again is being highly rated by recipients wanting access to such insights and intelligence, enabling them to stay informed with key economic issues

The purpose of Grant Thornton’s Quarterly Economic Briefing is to provide a focused quarterly assessment of a small number of key national and international economic trends to help inform future investment decisions and identify new opportunities. While the analysis primary focus is currently on a limited number of economic indicators, the ambition is that this document will evolve quarter on quarter.

 

The latest edition of their economic briefing highlights nine key economic indicators as detailed below:

  • Interest rates
  • Exchange rates
  • Inflation
  • Unemployment
  • GDP growth
  • GDP forecasts
  • Industry views
  • Regional outlook
  • Trade Balance

For each indicator Grant Thornton provide a short overview of the current trend along with a brief analysis of what it means for businesses and headlines within the current report are:

  • Interest Rates – The Bank of England voted to maintain the bank rate at 25% and continue the programme of Quantitative Easing.
  • Exchange Rates – The continued and prolonged uncertainty around the implications of leaving the European Union mean that a weaker pound is likely to remain for the near
  • Inflation – The Consumer Prices Index 12-month rate was 6% in April 2017, up from 2.3% in March. This is the highest it has been since June 2013.
  • Unemployment – The unemployment rate from January to March 2017 was 4.6%, down from 5.1% for a year earlier. The unemployment rate has not been lower since
  • Gross Domestic Product – GDP was estimated to have increased by 2% from January to March, the slowest rate of growth since Q1 2016.

To receive a copy of this complimentary Quarterly Economic Briefing please click here.

To receive further updates on the Quarterly Economic Briefing please email Louise Medina Louise.Medina@uk.gt.com

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Research with SME’s has helped Grant Thornton understand that the ambition small business owners have for their business is connected to their personal aspirations and vice versa. Hence their G Service is focussed on working with you to provide proactive support together with insights, tools and services to help grow your business whilst supporting your personal goals.

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The message Grant Thornton has picked up on is this – you’re ambitious, you run a successful company and you are always thinking ahead about what’s next. Life moves fast and so does your business. You need to be able to share, connect and grow and this is the foundation of their relationship with you.

Whether you need the provision of sector research and intelligence, smooth introductions to investors, easy access to training, insights and publications or support to develop a strategy for your product, your people, your suppliers or your stakeholders, Grant Thornton is here to help. All you have to do is ask!

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