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.... If you saw it coming then why didn’t you get out of it?”. “If it were possible to forecast collapses we could get incredibly rich. ... [Read full article on Guardian ]
Friday 17th of March 2017 07:02:02 AM
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....But the boss of a bank also needs to be good with numbers. So a later stint in the forecasting department, where he had to predict how many Easter eggs the supermarket would sell, probably helped. ... [Read full article on BBC ]
Friday 17th of March 2017 10:00:40 PM
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.... . Or "poisoning" supply chain data so that the wrong stuff goes to the wrong stores, not to mention the potential dangers to energy supplies if production forecasts are tampered with. ... [Read full article on BBC ]
Tuesday 21st of March 2017 12:11:20 AM
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....The brewer has also faced unexpected pressure from a surprisingly stiff increase in alcohol taxes in the budget earlier this month. Philip Hammond raised beer duty in line with the retail price index measure of inflation, but used a forecast rate of 3. ... [Read full article on Guardian ]
Wednesday 22nd of March 2017 03:07:10 PM
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....On the other hand, the minutes also noted signs of softness in the economy and justifications to keep ratesdown. The MPC said pay growth, which has been slowing in recent months, had turned out to be “notably weaker” on the latest figures than the Bank had been expecting in its latest set of economic forecasts in February. ... [Read full article on Guardian ]
Thursday 16th of March 2017 12:10:58 PM
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....4% last month. That was double the rate in the previous month, but we’re not talking about the 5% within six months that his predecessor, Justin King, forecast four months ago for the entire industry. ... [Read full article on Guardian ]
Thursday 16th of March 2017 07:38:27 PM
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. Housebuilder Berkeley Group has said it expects profits at be at the top end of forecasts this year, as it signalled the housing market in London and the South East had "stabilised". ... [Read full article on BBC ]
Friday 17th of March 2017 09:16:55 AM
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.... That measure jumped to 2% in February from 1. 6% in January and was well above forecasts of 1. ... [Read full article on Guardian ]
Tuesday 21st of March 2017 11:27:08 AM
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....The latest annual rise was relatively modest, but analysts said planned cuts to working-age benefits were likely to dramatically increase poverty rates over the next three years. Campbell Robb, the chief executive of the Joseph Rowntree Foundation, said: “These troubling figures are warning signs we could be at the beginning of a sharp rise in poverty, with forecasts suggesting child poverty could rise further by 2021. ... [Read full article on Guardian ]
Thursday 16th of March 2017 02:45:20 PM
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....Analysts said the figures meant the government was on track to meet revised borrowing targets. In the Budget, the Office for Budget Responsibility revised its end-of-year borrowing forecast to £51. ... [Read full article on BBC ]
Tuesday 21st of March 2017 11:02:34 AM
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....Tullow said it was planning to raise about £607m through the share sale in order to cut its debts. Housebuilder Berkeley Group was the biggest riser in the FTSE 250, climbing 6% after it said its full-year profits were set to be at the top end of forecasts. ... [Read full article on BBC ]
Friday 17th of March 2017 08:52:07 AM
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.... For the past five years, growth in the childrenswear market has outpaced both men’s and womenswear. The childrenswear market in the UK is forecast to rise a further 13. ... [Read full article on Guardian ]
Sunday 19th of March 2017 12:05:01 AM
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....8% in January. If proven correct, this forecast, from a Reuters poll of economists, would see inflation at its highest level since November 2013, and above the Bank of England’s government-set target of 2%. ... [Read full article on Guardian ]
Saturday 18th of March 2017 03:59:43 PM
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....”. Jack Welch, who led General Electric for 20 years, is a case in point: he once stated that many of his own major business decisions had come “straight from the gut,” rather than from analytical models or detailed business forecasts. ... [Read full article on Guardian ]
Monday 20th of March 2017 01:22:15 PM
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. Next has warned consumers they face price rises of up to 5% in the coming months due to the weak pound, as it reported its first drop in annual profits in eight years and forecast another “tough” year ahead. ... [Read full article on Guardian ]
Thursday 23rd of March 2017 08:58:32 AM
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Latest Finance News related to Forecast

Next warns of price rises as profits fall for first time in eight years image
Source : Guardian [Read Article] Thursday 23rd of March 2017 08:58:32 AM
. Next has warned consumers they face price rises of up to 5% in the coming months due to the weak pound, as it reported its first drop in annual profits in eight years and forecast another “tough” year ahead. ...
Tesco pulls Sol, Amstel and Tiger from shelves in Brexit price row image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 03:07:10 PM
....The brewer has also faced unexpected pressure from a surprisingly stiff increase in alcohol taxes in the budget earlier this month. Philip Hammond raised beer duty in line with the retail price index measure of inflation, but used a forecast rate of 3. ...
Government borrowing falls in February image
Source : BBC [Read Article] Tuesday 21st of March 2017 11:02:34 AM
....Analysts said the figures meant the government was on track to meet revised borrowing targets. In the Budget, the Office for Budget Responsibility revised its end-of-year borrowing forecast to £51. ...
Fake data threat image
Source : BBC [Read Article] Tuesday 21st of March 2017 12:11:20 AM
.... . Or "poisoning" supply chain data so that the wrong stuff goes to the wrong stores, not to mention the potential dangers to energy supplies if production forecasts are tampered with. ...
Trump must convert surging US confidence into real growth | Mohamed El-Erian image
....”. Jack Welch, who led General Electric for 20 years, is a case in point: he once stated that many of his own major business decisions had come “straight from the gut,” rather than from analytical models or detailed business forecasts. ...
Gucci, Versace, D&G ... now top brands target fashion for kids image
Source : Guardian [Read Article] Sunday 19th of March 2017 12:05:01 AM
.... For the past five years, growth in the childrenswear market has outpaced both men’s and womenswear. The childrenswear market in the UK is forecast to rise a further 13. ...
Rising prices set to push inflation over 2% Bank of England target image
Source : Guardian [Read Article] Saturday 18th of March 2017 03:59:43 PM
....8% in January. If proven correct, this forecast, from a Reuters poll of economists, would see inflation at its highest level since November 2013, and above the Bank of England’s government-set target of 2%. ...
Any old Joe image
Source : BBC [Read Article] Friday 17th of March 2017 10:00:40 PM
....But the boss of a bank also needs to be good with numbers. So a later stint in the forecasting department, where he had to predict how many Easter eggs the supermarket would sell, probably helped. ...
Housebuilder Berkeley shrugs off Brexit vote to hit profit targets image
. Housebuilder Berkeley Group has said it expects profits at be at the top end of forecasts this year, as it signalled the housing market in London and the South East had "stabilised". ...
FTSE 100 closes at another record high image
Source : BBC [Read Article] Friday 17th of March 2017 08:52:07 AM
....Tullow said it was planning to raise about £607m through the share sale in order to cut its debts. Housebuilder Berkeley Group was the biggest riser in the FTSE 250, climbing 6% after it said its full-year profits were set to be at the top end of forecasts. ...
Sainsbury's takes inflation hit on the chin as Aldi and Lidl loom | Nils Pratley image
....4% last month. That was double the rate in the previous month, but we’re not talking about the 5% within six months that his predecessor, Justin King, forecast four months ago for the entire industry. ...
Child poverty in UK at highest level since 2010, official figures show image
Source : Guardian [Read Article] Thursday 16th of March 2017 02:45:20 PM
....The latest annual rise was relatively modest, but analysts said planned cuts to working-age benefits were likely to dramatically increase poverty rates over the next three years. Campbell Robb, the chief executive of the Joseph Rowntree Foundation, said: “These troubling figures are warning signs we could be at the beginning of a sharp rise in poverty, with forecasts suggesting child poverty could rise further by 2021. ...
Bank of England keeps UK interest rates on hold as it warns on inflation image
Source : Guardian [Read Article] Thursday 16th of March 2017 12:10:58 PM
....On the other hand, the minutes also noted signs of softness in the economy and justifications to keep ratesdown. The MPC said pay growth, which has been slowing in recent months, had turned out to be “notably weaker” on the latest figures than the Bank had been expecting in its latest set of economic forecasts in February. ...
Sainsbury's warns over 'uncertain' impact of pound's Brexit slide image
Source : Guardian [Read Article] Thursday 16th of March 2017 08:22:39 AM
....Coupe described the group’s food performance as solid and said its Tu clothing brand had again beaten the market, with sales up 5%. He was confident of achieving City forecasts for the full year, a pretax profit of about £578m. ...
Low carbon drive 'cuts household bills' image
Source : BBC [Read Article] Thursday 16th of March 2017 12:13:08 AM
....The finding will be challenged by groups which say the UK spends too much on renewable energy. But the committee, which advises the government, stands by its analysis, and forecasts a continuing trend of downward prices thanks to low carbon policy. ...
Trump begins rollback of Obama's car pollution standards to curb emissions image
Source : Guardian [Read Article] Wednesday 15th of March 2017 10:22:11 PM
.... There are already more than 100 car and SUV models that meet standards that stretch beyond 2020, with the Chevrolet Volt, Toyota Prius, Chevrolet Spark and Smart ForTwo already matching the 2025 standard. American drivers are also set to lose out, with the Obama rules forecast to save an average of $8,000 on gasoline costs for a new car. ...
UK unemployment falls to joint lowest rate since 1975 but wages stall image
Source : Guardian [Read Article] Wednesday 15th of March 2017 11:27:55 AM
....6%. Martin Beck, a senior economic adviser to the EY Item Club, a forecasting group, said the slowdown in pay growth was worrying. ...
Jobless rate down but wage growth slows image
Source : BBC [Read Article] Wednesday 15th of March 2017 09:32:42 AM
....8%, but the gap has narrowed. "March's labour market release reported a solid performance on the jobs side, but included worrying signs of weakness with regards to wages," said Martin Beck, senior economic advisor to the EY Item Club - a respected economic forecasting group. ...
Public sector workers first to face cut in real pay, says thinktank image
Source : Guardian [Read Article] Wednesday 15th of March 2017 07:32:43 AM
. Public sector workers have become the first group to suffer a cut in real wages since the recovery of 2014 as forecasters predicted that the rest of the working population would follow suit later this year. ...
Britons pay almost £2billion in extra inheritance tax over next five years image
Source : Daily Express [Read Article] Wednesday 15th of March 2017 12:01:00 AM
....The increase of around a third is £1. 8billion more than originally forecast in November. ...
Britons pay almost £2billion in extra inheritance tax over next five years image
Source : Daily Express [Read Article] Wednesday 15th of March 2017 12:01:00 AM
....The increase of around a third is £1. 8billion more than originally forecast in November. ...
Q&A: What will happen if the Federal Reserve raises US interest rates? image
Source : Guardian [Read Article] Tuesday 14th of March 2017 07:08:31 PM
.... Consumer spending is robust and the latest jobs numbers showed employment increasing and unemployment staying low. Fathom Consulting, an economic forecaster, said spare capacity in the labour market was disappearing fast and it would not be long before wages started to rise rapidly. ...
Cyber security: Experts warn on rise of hacker ransoms image
Source : BBC [Read Article] Tuesday 14th of March 2017 08:05:46 AM
....Others, it adds, can download more basic software to carry out attacks on smaller businesses and the general public which require very little technical ability. As many as 21 billion devices used by businesses and consumers around the world are forecast to be connected to the internet by 2020. ...
UK economy will grow more strongly than expected, says BCC image
Source : Guardian [Read Article] Tuesday 14th of March 2017 07:01:15 AM
....Robust consumer spending and a brighter outlook for trade and investment will mean the UK’s economic slowdown this year is less severe than previously feared, the British Chambers of Commerce has predicted. But in its latest set of economic forecasts, published as the UK prepares to embark on Brexit negotiations, the business group cut its outlook for 2018 and warned higher inflation would take a chunk out of household budgets. ...
Bovis in talks with rival builder Galliford Try after rejecting £1bn offer image
....In January, the Bovis chief executive, David Ritchie, departed after the housebuilder took the City by surprise over Christmas with a profit warning. It was forced to tell investors it would complete about 180 fewer homes than expected for the year, with between 3,950 and 4,000 completions rather than the 4,170 forecast by the City. ...
We will all need a stiff drink to swallow Hammond’s austerity image
Source : Guardian [Read Article] Sunday 12th of March 2017 07:00:17 AM
.... But he was on such unusually good form that some of us wondered whether he had not perhaps had a fortifying “sharpener” before entering the chamber. Before the event there was the usual stuff on the media that events had been propitious and that, contrary to all those gloomy forecasts, the economy had been “booming since Brexit”. ...
Markets in 'no doubt' on US rate rise image
Source : BBC [Read Article] Friday 10th of March 2017 10:33:01 PM
....Analysts said the odds strengthened on Friday after figures showed better than expected jobs growth in February. According to the Bureau of Labor Statistics, US employers added 235,000 new jobs, exceeding economists' forecasts. ...
US jobs growth strengthens case for March rate rise image
Source : BBC [Read Article] Friday 10th of March 2017 01:36:59 PM
. US businesses added 235,000 jobs in February, exceeding economists' forecasts of about 200,000. ...
Doubts over new 'leading' savings deal announced in Budget image
Source : BBC [Read Article] Friday 10th of March 2017 10:37:00 AM
.... Anyone accessing their money early will be charged a penalty equal to 90 days' interest on the amount cashed in. Some critics have already labelled the product as a "sideshow" and "underwhelming", in part because official forecasts estimate that the cost of living will rise at 2% or above for the next three years. ...
The UK economy breaks more records – for all the wrong reasons image
Source : Guardian [Read Article] Thursday 9th of March 2017 06:40:24 PM
....Unusually low inflation since 2014 has led to a pick-up in real income growth but rebounding oil prices and dearer imports as a result of the pound’s post-Brexit fall mean this period is coming to an end. The IFS says that on current forecasts, real average earnings will be no higher in 2022 than they were in 2007. ...
ECB's Draghi says 'more optimistic' on the outlook for the eurozone image
....The outlook for eurozone growth is "more optimistic", the head of the European Central Bank (ECB), Mario Draghi, has said. Accordingly, the central bank has raised its economic growth forecasts for this year and next, to 1. ...
No pay rise for 15 years, IFS warns UK workers image
Source : Guardian [Read Article] Thursday 9th of March 2017 08:57:23 AM
....Paul Johnson, the thinktank’s director, highlighted permanent scars to the UK economy from the global financial crisis and said that almost a decade on the prospects for income and earnings growth remained weak. “On current forecasts average earnings will be no higher in 2022 than they were in 2007. ...
Budget 2017: Squeeze on family finances 'extended until 2020s' image
Source : BBC [Read Article] Thursday 9th of March 2017 07:40:05 AM
....The Treasury says it has helped poorer workers by increasing the Living Wage. The Budget watchdog - the Office for Budget Responsibility - forecast that government borrowing for 2016-17 would be £51. ...
Hammond was a picture of relaxed swagger – because he was in the ring alone image
.... A cursory reference to the EU at the start, one more later on, and that was it. It meant that the budget, and all its projections and forecasts, were predicated on an assumption that everything will carry on just as before – even though Britain is about to leave its biggest export market, an act so reckless that, we ought to remember, both Hammond and Theresa May used to oppose it. ...
Government finances face near-£6bn hit over changes to personal injury payouts image
....2bn a year to meet the expected costs to the public sector – and it would push up car insurance premiums by around 10% . Robert Chote, chair of the OBR forecasting unit, said: “The overall effect is to increase borrowing by £1. ...
UK economy will grow 2% this year but slow next, OBR predicts image
Source : Guardian [Read Article] Wednesday 8th of March 2017 07:58:42 PM
. The UK economy will confound forecasts for a Brexit-related slowdown through 2017, but will then quickly run out of steam as rising prices hit consumer spending, the Office for Budget Responsibility has predicted. ...
Soft drinks tax raises less money than forecast as firms cut sugar content image
....A sugar tax on soft drinks will raise less money than expected because companies have started making their products less sweet to avoid extra costs, the chancellor has said. According to tax and spending forecasts in the budget, the levy will raise about £385m a year, less than expected. ...
Philip Hammond breaks manifesto pledge with budget tax grab image
Source : Guardian [Read Article] Wednesday 8th of March 2017 04:05:32 PM
....Philip Hammond sparked a political row on Wednesday with a tax grab on self-employed workers that breached a Conservative manifesto pledge not to raise national insurance rates. An increase in class four national insurance rates for the self-employed, to narrow the gap with salaried employees, who tend to be taxed more heavily, was one of the most conspicuous measures in a cautious budget that also saw the chancellor upgrade his economic forecasts. ...
Philip Hammond keeps his powder dry with a 'boring' budget | Larry Elliott image
....Given the government’s commanding lead in the opinion polls, only pronounced weakness in the economy would have forced Hammond to provide a major fiscal boost through tax cuts and spending increases. But growth has surprised on the upside since the EU referendum last June, with the result that the Office for Budget Responsibility has revised up its forecast for 2017 from 1. ...
Philip Hammond’s budget – our writers give their views | Polly Toynbee, Zoe Williams, Frances Ryan, Faiza Shaheen and Kate Maltby image
.... Remember, £12bn of working-age “welfare” cuts were already set in motion last year and are coming this April – from the “two-child limit” on child tax credits and universal credit squeezes to out-of-work sickness benefits. These are measures the Institute for Fiscal Studies forecasts will push 600,000 children into absolute poverty, and charities warn will see young people on the street and disabled people having to skip meals. ...
Budget 2017: What it means for you image
Source : BBC [Read Article] Wednesday 8th of March 2017 02:09:53 PM
.... Savers must lock in their money for three years. Official forecasts estimate that the cost of living will rise at 2% or above for the next three years. ...
Key points of the budget 2017 – at a glance image
Source : Guardian [Read Article] Wednesday 8th of March 2017 12:41:30 PM
Get ready for food inflation to take a bite out of growth | Vicky Pryce image
Source : Guardian [Read Article] Wednesday 8th of March 2017 12:37:50 PM
.... If more and more of people’s incomes – lower paid people’s incomes, especially – is diverted to survival, the boost given to the economy from general household spending will be reduced. The Bank of England’s latest forecast upped GDP growth to 2% for this year, in the expectation that households would dip further into their savings to continue the spending spree we have been witnessing. ...
Budget 2017: What it means for YOU? Self-employed, savers, pensioners, and motorists image
....However, there was no funding announced for preventative road maintenance such as addressing potholes. Economy forecastsMr Hammond revealed the British economy is now forecast to grow by 2 per cent in 2017 - revised UP from the previous estimate of 1. ...
China sees first monthly trade deficit in three years image
Source : BBC [Read Article] Wednesday 8th of March 2017 09:19:40 AM
FTSE 100 ends lower after Budget speech image
Source : BBC [Read Article] Wednesday 8th of March 2017 09:03:23 AM
....24% at 18,931. During his speech Chancellor Philip Hammond stuck by plans to boost infrastructure spending as he upgraded official growth forecasts for 2017. ...
Budget expected to forecast stronger economic growth image
Source : BBC [Read Article] Tuesday 7th of March 2017 04:05:43 PM
....Latest economic figures from the Office for Budget Responsibility, revealed during the speech, are likely to be much better than predicted six months ago. The BBC's economics editor, Kamal Ahmed, looks at what the forecasts might reveal. ...
Hammond gets budget boost as OECD upgrades UK growth forecast image
Source : Guardian [Read Article] Tuesday 7th of March 2017 10:00:39 AM
....2% it was predicting in late November. It made no changes to its earlier forecast for growth to slow further in 2018 to just 1% – which would be the weakest performance since the depths of the global financial crisis in 2009. ...
Reality Check image
Source : BBC [Read Article] Tuesday 7th of March 2017 01:31:56 AM
....The claim: Taxes could rise to their highest level as a proportion of national income since 1986-87 by 2019-20. Reality Check verdict: The Office for Budget Responsibility (OBR) forecasts suggest taxes could actually reach that level as soon as 2017-18. ...
Glamorous, really? image
Source : BBC [Read Article] Tuesday 7th of March 2017 12:14:10 AM
....New travel expenses app TravelBank helps workers book trips and file claims more efficiently, and allows employers to offer incentives for coming in under budget. TravelBank chief executive Duke Chung says: "Many companies are still using clunky expense reporting methods that don't hold employees to a budget or allow them to forecast spend accurately. ...
Goodbye Spring Budget image
Source : BBC [Read Article] Tuesday 7th of March 2017 12:11:17 AM
.... . This statement will no longer be a "major fiscal event", according to the chancellor, but simply a response to forecasts from the Office for Budget Responsibility. ...
Snap slides as Wall Street ends lower image
Source : BBC [Read Article] Monday 6th of March 2017 11:51:47 PM
....Wall Street closed lower - the second time in the past three trading days it has done so. Banks gave back some of their recent gains, while mining and chemical companies declined after China cut its economic growth forecast. ...
Hammond urged to tackle 'catastrophic' effect of rising inflation image
Source : Guardian [Read Article] Monday 6th of March 2017 01:13:37 PM
....6bn more than expected from some of the poorest people in the country by 2020. Torsten Bell, the thinktank’s director, warns that the pattern of external forecasts since November suggests that the Office for Budget Responsibility could revise up its inflation forecast to 2. ...
Budget 2017: Hammond to tell us the Brexit vote could have been worse image
....The picture for the public finances is also looking rosier compared with Hammond’s maiden autumn statement in November. Back then, the fiscal watchdog, the Office for Budget Responsibility (OBR), overhauled its forecasts to show that the impact of the Brexit vote on the economy would force the government to borrow £122bn more than hoped over coming years. ...
Budget 2017: No 'spending sprees', Hammond warns image
Source : BBC [Read Article] Sunday 5th of March 2017 02:20:28 AM
...."People are so proud of their NHS and social care system that I don't think many people would argue with paying an extra pound or however much to ensure we actually have an NHS," she told Pienaar's Politics on BBC Radio Five live. Wednesday's Budget takes place after the Bank of England revised up its growth forecast for this year. ...
Has wearable tech had its day? image
Source : BBC [Read Article] Sunday 5th of March 2017 01:47:11 AM
....And yet the wearables market has had a rollercoaster ride in recent months. This time last year analysts were making multi-billion dollar forecasts for the developers of health trackers and smartwatches, and Apple was boldly selling a $10,000 gold edition of the Apple Watch. ...
Big returns image
Source : BBC [Read Article] Sunday 5th of March 2017 01:39:06 AM
....". As one who has pro-Brexit instincts, he also believes that the current economic forecasts are too pessimistic. ...
Fed boss says US rates may rise in March image
Source : BBC [Read Article] Friday 3rd of March 2017 08:14:34 PM
.... . When it published its economic forecasts for the next three years in December it suggested that the Federal Funds rate may rise to 1. ...
UK economy cooling after post-Brexit vote growth, surveys show image
Source : Guardian [Read Article] Friday 3rd of March 2017 11:12:26 AM
....”. Threadneedle Street recently upgraded its growth forecasts for 2017, leading many analysts to predict that interest rates could start to rise towards the end of the year. ...
UK economy 'loses momentum' as services growth slows image
Source : BBC [Read Article] Friday 3rd of March 2017 10:08:51 AM
....8% in January, but Mr Williamson said the rate was expected to hit 3% over the next year. The services PMI figure was slightly below expectations, with analysts forecasting a reading of 54. ...
WPP warns on 'tepid' economic growth as profits jump image
Source : BBC [Read Article] Friday 3rd of March 2017 09:25:26 AM
....WPP, the advertising giant, warned that "tepid" economic growth could hit revenues. The firm, which owns agencies including Ogilvy & Mather and Hill & Knowlton forecast 2% growth for 2017, compared with about 3% last year. ...
Sorrell: companies that offend good governance tend to perform better image
....”. Sorrell made the comments as WPP, the world’s largest marketing services group, said that it was lowering its growth forecast for this year below City expectations as advertisers remain jittery in the face of market uncertainty, following the election of Donald Trump as US president and the UK’s vote to leave the EU. ...
China's economic concerns mount as thousands gather for congress image
Source : Guardian [Read Article] Friday 3rd of March 2017 06:26:46 AM
....Facing pressure over severe smog, authorities have shut down factories and other polluting activities in northern China to clear the air for the legislative show. Official forecasts nonetheless say the capital will be shrouded in smog this weekend. ...
Inflation returns to Japan for the first time in more than a year image
Source : Guardian [Read Article] Friday 3rd of March 2017 04:43:07 AM
....1% in January from a year ago, posting the first increase since December 2015. It compared with a median market forecast for a flat growth and followed a 0. ...
IFS: Growth in UK living standards worst in 60 years image
Source : Guardian [Read Article] Thursday 2nd of March 2017 07:01:10 AM
.... Campbell Robb, chief executive of the Joseph Rowntree Foundation, which funded the report, urged the chancellor Philip Hammond to announce measures to support struggling families in next week’s budget. “These troubling forecasts show millions of families across the country are teetering on a precipice, with 400,000 pensioners and over one million more children likely to fall into poverty and suffer the very real and awful consequences that brings if things do not change. ...
'Long shadow' of financial crisis hits incomes image
Source : BBC [Read Article] Thursday 2nd of March 2017 12:18:25 AM
....The IFS has produced a report on living standards for the Joseph Rowntree Foundation, which campaigns to reduce poverty. It suggests, based on official forecasts produced for the government by the Office for Budget Responsibility, that long-term income growth is a relatively slow 2% a year. ...

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