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....Advertisers will pull hundreds of millions of pounds in spending from Google and Facebook this year over concerns about ads running next to inappropriate content such as extremist sites and fake news. Sir Martin Sorrell’s GroupM, which buys more than $75bn (£60bn) of advertising space on behalf of clients globally, has slashed its growth prediction for UK digital advertising and has blamed some of the adjustment on an advertiser backlash over the inability of Silicon Valley giants to stop ads appearing around inappropriate content. ... [Read full article on Guardian ]
Thursday 22nd of June 2017 06:14:48 AM
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....6% this year and 1. 4% in 2018, up from its predictions in November for 1. ... [Read full article on Guardian ]
Monday 19th of June 2017 11:01:49 PM
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.... Make everything you present to the market evidence-based. Hype can very rarely be justified by statistics and figures, so you should limit predictions to what you can demonstrate and avoid the terminology and ‘puff’ that normally goes hand in hand with hype. ... [Read full article on Guardian ]
Tuesday 20th of June 2017 09:00:00 AM
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Latest Finance News related to Prediction

Google and Facebook 'will lose millions in ads over extremism fears' image
Source : Guardian [Read Article] Thursday 22nd of June 2017 06:14:48 AM
....Advertisers will pull hundreds of millions of pounds in spending from Google and Facebook this year over concerns about ads running next to inappropriate content such as extremist sites and fake news. Sir Martin Sorrell’s GroupM, which buys more than $75bn (£60bn) of advertising space on behalf of clients globally, has slashed its growth prediction for UK digital advertising and has blamed some of the adjustment on an advertiser backlash over the inability of Silicon Valley giants to stop ads appearing around inappropriate content. ...
Don't believe the hype: the downside of being the next big thing image
Source : Guardian [Read Article] Tuesday 20th of June 2017 09:00:00 AM
.... Make everything you present to the market evidence-based. Hype can very rarely be justified by statistics and figures, so you should limit predictions to what you can demonstrate and avoid the terminology and ‘puff’ that normally goes hand in hand with hype. ...
Our leaders have lost touch with reality – just like the banks did | Aditya Chakrabortty image
....This isn’t simply about calling last Thursday’s election wrong. On such fortune-telling, whether in economics or politics, I’m with the baseball-playing philosopher Yogi Berra: “It’s hard to make predictions, especially about the future. ...
Bosses are right: political uncertainty will damage the economy | Nils Pratley image
....“It is hard to overstate what a dramatic impact the current political uncertainty has on business leaders, and the consequences could – if not addressed immediately – be disastrous for the UK economy,” says Stephen Martin, director general of the Institute of Directors, pointing to a poll of members that showed 57% were quite or very pessimistic about the economy over the next 12 months. We heard similar predictions of gloom from the business world after last year’s referendum, of course. ...
UK economy falls to bottom of EU growth league image
Source : Guardian [Read Article] Thursday 8th of June 2017 05:33:45 PM
....However, in year-on-year terms the UK was closer to the EU performance and ahead of the 19-nation eurozone. After a strong second half to 2016, when the economy defied predictions of a post-referendum slump, UK GDP was still 2% bigger in the first quarter of 2017 than a year earlier. ...
OECD predicts fastest global growth in six years image
Source : BBC [Read Article] Wednesday 7th of June 2017 09:21:03 AM
....It said UK growth forecasts of 1. 6% in 2017 and 1% in 2018 remained unchanged from its March prediction. ...
UK households cut back as Brexit effect on pound hits living costs image
Source : Guardian [Read Article] Tuesday 6th of June 2017 05:01:14 AM
....The survey suggested cost pressures eased off for services firms last month and they continued to hire new workers amid cautious optimism. However, many economists expect the UK will struggle to match its 2016 performance when it defied predictions of a post-referendum downturn and was instead one of the fastest-growing advanced economies in the world. ...
India's slowing growth blamed on 'big mistake' of demonetisation image
Source : Guardian [Read Article] Thursday 1st of June 2017 01:31:26 PM
....”. He said the economy had bounced back after cash shortages eased in January and the country was likely reach 8% growth in the next three to four years, a prediction shared by the global ratings agency Moody’s. ...
Marks & Spencer’s underwear is level at 30,000 feet image
Source : Guardian [Read Article] Sunday 21st of May 2017 06:00:47 AM
....The chain has been shifting a few more chamois leathers under her two-year command and who gets to grab the handlebars when she dismounts is likely to be the main focus during its results this week. The trading numbers are already a given – seeing as the company tried to soften the blow of news of McDonald’s departure by announcing that results were expected to be in line with market predictions. ...
GM to stop making cars for Indian market image
Source : BBC [Read Article] Friday 19th of May 2017 05:19:34 AM
...."As a result of these actions, GM expects to realise annual savings of approximately $100m (£77m) and plans to take a charge of approximately $500m in the second quarter of 2017," it said in a statement. GM's announcement comes against the backdrop of predictions that India will become the world's third biggest vehicle market by 2020. ...
What does increased consumer spending really mean for the UK? image
Source : Daily Express [Read Article] Thursday 18th of May 2017 03:47:00 PM
.... . There are predictions that the inflation rate could hit or even exceed 3 per cent by the end of the year. ...
Gene genie image
Source : BBC [Read Article] Monday 15th of May 2017 11:01:39 PM
....While there are a few conditions, such as lactose intolerance, for which the genetic variations are very clear and well understood, the same cannot be said for most other conditions, she says. "These [genetic variations] interact with each other and with non-genetic factors in ways that we don't fully understand, so it's impossible to make accurate predictions based on information about just a few of the gene variants involved, as many of these tests do. ...
Cyber-attack image
Source : BBC [Read Article] Sunday 14th of May 2017 09:44:03 PM
....When details of the bug were leaked, many security researchers predicted it would lead to the creation of self-starting ransomware worms. It may, then, have taken only a couple of months for malicious hackers to make good on that prediction. ...
Analyst predictions: The future of the pound looks bleak image
Source : Independent [Read Article] Saturday 13th of May 2017 03:48:00 PM
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Chapter closed? image
Source : BBC [Read Article] Friday 12th of May 2017 07:01:27 AM
....That could leave the door open for a few newcomers, such as the far-right MP Jair Bolsonaro and Sao Paulo mayor and former Apprentice presenter Joao Doria. But the picture at this stage is too unclear for any predictions. ...
Interest rates to stay at 0.25% until 2019 as living costs surge to 3.5%, says think-tank image
....NIESR said: "We expect consumer spending to remain weak throughout this year and next as rising inflation erodes the purchasing power of households. "Forecasts for growth remain in line with earlier predictions, with expansion to ease back to 1. ...
Toyota suffers first profit fall in five years image
Source : BBC [Read Article] Wednesday 10th of May 2017 06:59:07 AM
....Toyota has warned next year's profits will be even lower, due to the strength of the Japanese currency. The carmaker's prediction is based on a forecast that the yen will average around 105 to the US dollar in the year through to March 2018, compared with 108 yen in the last financial year. ...
UK will face pay squeeze this year as inflation spikes, warns thinktank image
Source : Guardian [Read Article] Wednesday 10th of May 2017 04:57:33 AM
....Theresa May has pledged to cap energy costs to boost disposable incomes, while Jeremy Corbyn wants to intervene in the housing market to reduce the escalating cost of buying a home and monthly rental costs. The prediction for a spike in inflation of 3. ...
Not research, but 'mesearch' image
Source : BBC [Read Article] Tuesday 9th of May 2017 11:06:50 PM
....Vincent F Hendricks, professor of formal philosophy at the University of Copenhagen in Denmark, says autoethnography fails to meet the standard criteria for science. He says autoethnographic studies cannot claim to have "falsifiability, testability, representability, extrapolation, prediction, and other conditions securing reliable scientific enquiry". ...
UK pay growth outlook is 'among gloomiest in advanced economies' image
Source : Guardian [Read Article] Tuesday 9th of May 2017 11:01:04 PM
....The TUC said UK real wages will be 6. 8% lower in 2018 than they were in 2007 before the financial crisis, according to OECD predictions. ...
Federal budget 2017: the 10 graphs you need to see | Greg Jericho image
Source : Guardian [Read Article] Tuesday 9th of May 2017 10:39:56 AM
....5%:. And it is for that reason that there is little change in the predictions for the budget balance next year. ...
Streaming and Ed Sheeran the right tune for Warner Music image
Source : BBC [Read Article] Monday 8th of May 2017 05:19:53 PM
....Is streaming technology saving the music industry?. 8 predictions for music in 2017. ...
Is NOW the right time to sell your foreign property? image
Source : Daily Express [Read Article] Wednesday 3rd of May 2017 12:00:00 AM
....If this does prove to be the outcome, the pound could extend recent gains - meaning you would get less for your money if you were moving it back to the UK. However, as the UK's decision to Brexit and the election of Donald Trump as President in the US have shown, pollsters haven't exactly been spot on with their predictions in the last 12 months - so a Conservative landslide victory is by no means a foregone conclusion. ...
Good and bad news from an economy in uncharted territory image
Source : Guardian [Read Article] Saturday 29th of April 2017 03:00:02 PM
.... But ultimately, a share index populated by big international mining companies, pharmaceutical giants and banks tells you little about the UK economy. House prices are steadyAmong the dramatic predictions made for the UK ahead of last year’s referendum, the International Monetary Fund warned that a vote to leave the EU could spark a property market crash. ...
Colour me image
Source : BBC [Read Article] Tuesday 25th of April 2017 11:08:21 PM
...."At the end of it you feel like your head's going to explode," she says. But it is these gatherings that form the basis of the firm's six-monthly predictions on the key upcoming trends. ...
Machine learning image
Source : BBC [Read Article] Monday 24th of April 2017 11:52:29 PM
....By analysing data about what customers have bought before, and any preferences they have expressed, recommender systems can pick up on patterns in purchasing history. They use this to make predictions about the products you might like. ...
Yorkshire Building Society launches record low 0.89% mortgage rate image
Source : Guardian [Read Article] Thursday 20th of April 2017 11:01:02 PM
....89% for two years. There were predictions a few months ago that the era of record-low mortgages may be coming to an end, but the new move by the Yorkshire Building Society suggests that, if anything, competition in the home loans market may be intensifying. ...
IMF shifts from dismal to pessimistic, but has a sharper message about inequality | Greg Jericho image
....They are also more positive about growth in China, the US and very much so in the UK, where the worries of last year about the immediate impact of the Brexit have been pushed out a few years:. Across the world, the prediction is for global GDP growth of 3. ...
IMF says pace of global economic growth is picking up image
Source : BBC [Read Article] Tuesday 18th of April 2017 01:01:41 PM
.... . The prediction for Britain this year is now only marginally below what the IMF predicted a year ago, its last full forecast before the Brexit referendum. ...
Experience-hungry shoppers trend towards food and drink spending image
Source : Guardian [Read Article] Monday 10th of April 2017 06:01:29 AM
....Mild spring weather and the fact that the bank holiday weekend falls not long after March’s payday, are expected to lead to an 8. 8% increase in the number of shoppers on the high street, according to the latest footfall predictions from retail analyst Springboard. ...
Economists have to let go of the delusion that they have all the answers | Tim Thornton image
.... However, these competing schools have made somewhat of a comeback in recent years, albeit often outside of economics departments. This greater plurality is a good thing as these competing schools can sometimes yield superior predictions, explanations and policy positions. ...
Landlord tax changes come into effect TODAY: 'Renting will be more expensive', say critics image
.... Aside from likely paying more in rent, in many places they will face a growing shortage of affordable places to rent. “We call on Ministers to undertake a major review of the impact of this policy and if all the predictions about its impact are right, to abolish the changes in the autumn budget. ...
The lost generation: ‘I’m 30-something and still depressed and broke’ image
.... I called him because he’s one of the people I spoke to in 2010, when he predicted a “lost generation” scarred by unemployment and low wages. The day before we speak I see Andrew Neil teasing him on Twitter about his gloomy predictions. ...
The UK must not let this Brexit crisis go to waste. Nor must the EU image
Source : Guardian [Read Article] Friday 31st of March 2017 01:53:07 PM
.... Nor is it to deny that Britain has some deep structural problems that badly need fixing. But it does mean treating with caution predictions that Britain will end up – as another 60s icon put it – on Desolation Row. ...
Rags to revolution image
Source : BBC [Read Article] Monday 13th of March 2017 12:12:14 AM
....America's copiers, fax machines and printers continued to spew out enough sheets of paper to cover the country every five years. After a while, the paperless office became less a prediction, more a punchline. ...
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
....“This pace of decline cannot continue indefinitely and we don’t assume that it [will],” said Chote. The OBR is far from alone in making big revisions to the growth outlook for this year, and the move follows a pattern of forecasters being forced to upgrade the UK’s prospects as the economic news since the Brexit vote has repeatedly confounded predictions of a slowdown. ...
Key points of the budget 2017 – at a glance image
Source : Guardian [Read Article] Wednesday 8th of March 2017 12:41:30 PM
....Rowena Mason, deputy political editor: Philip Hammond looks satisfied to be announcing higher growth than previously forecast – a rare experience for chancellors in recent years. It defies the predictions of gloom by remain supporters before the Brexit vote, although the effects of leaving the EU are yet to be felt. ...
Budget 2017: BBC editors make their predictions image
Source : BBC [Read Article] Tuesday 7th of March 2017 11:35:23 AM
...
Hammond urged to tackle 'catastrophic' effect of rising inflation image
Source : Guardian [Read Article] Monday 6th of March 2017 01:13:37 PM
....In contrast, they point out that two-fifths of the benefit freeze losses come from the poorest 20% of households, with many of those affected in work. The group’s figures show that a couple with one person working, and two children, were going to be £495 worse off each year as a result of the benefit freeze, but will now lose £680 as a result of higher inflation predictions. ...
Budget 2017: The misplaced confidence of the British consumer image
.... And it sums up one of the challenges facing the Chancellor, Philip Hammond, as he prepares for Wednesday's Budget. Consumer confidence appears to be rock-solid, defying gloomy pre-EU referendum predictions that people would rein in spending. ...
‘Shell knew’: oil giant's 1991 film warned of climate change danger image
Source : Guardian [Read Article] Tuesday 28th of February 2017 05:45:19 AM
....”. The predictions in the 1991 film for temperature and sea level rises and their impacts were remarkably accurate, according to scientists, and Shell was one of the first major oil companies to accept the reality and dangers of climate change. ...
The Bank of England is in denial. Brexit shows people don't act rationally | Robert Skidelsky image
.... People would go on behaving exactly as the model assumed, only with a different set of prices. But any prediction based on recurring patterns of behaviour will fail when something genuinely new happens. ...
We are unlikely to spot next financial crisis, Bank of England official says image
....MP Jacob Rees-Mogg suggested the Bank should be more circumspect about its forecasts, rather than presenting them as “holy writ”, and then revising them six months later. Andy Haldane, the Bank of England’s chief economist, said fan charts showed the probability of the future path of growth and inflation and in most cases the predictions were within a narrow range of the central forecast. ...
UK government surplus gives Philip Hammond pre-budget boost image
Source : Guardian [Read Article] Tuesday 21st of February 2017 01:33:43 PM
.... If UK growth becomes more sluggish, as we expect, the UK will find it increasingly challenging to generate the tax receipts needed to deliver real progress in cutting the deficit,” he said. In November the OBR said the weaker economic outlook since the Brexit vote meant its March 2016 prediction of the public deficit was way off the mark and revised it to £68bn for the current financial year. ...
Why the Bank of England won’t raise interest rates any time soon image
Source : Guardian [Read Article] Saturday 18th of February 2017 05:00:07 PM
.... And why not when the departure of Forbes, and the economic realities that always prevented her acting on instinct, means interest rates are going to stay low this year, next year and most likely for the rest of the decade?. This prediction is not some finger-in-the-air exercise allied to Brexit gloomery, but an assessment of Britain’s ingrained economic weakness, something Forbes understood and railed against. ...
European commission upgrades growth forecast for UK economy image
Source : Guardian [Read Article] Monday 13th of February 2017 06:07:26 PM
....The eurozone will enjoy stronger economy growth than previously thought this year and next but face risks from uncertainty surrounding Donald Trump’s presidency and the UK’s negotiations to leave the European Union, according to forecasts by the European commission. The executive arm of the EU became the latest body to concede its predictions made shortly after the Brexit vote had been overly gloomy. ...
Markets hit new highs over Trump's change of tone on Japan and China image
Source : Guardian [Read Article] Monday 13th of February 2017 06:01:07 PM
....23% at 18,758, its fifth day of record closes. The index has been supported by signs that the UK economy has so far avoided the worst predictions made ahead of the Brexit vote. ...
How Xi Jinping's global ambitions could thrive as Trump turns inward image
Source : Guardian [Read Article] Friday 10th of February 2017 12:25:10 PM
.... “For his part, Trump said he was glad to talk over the phone with Xi,” it added. In one joke doing the rounds among China watchers, Communist party theoreticians, after decades preaching the demise of democracy and capitalism, find themselves in a sudden state of panic after seeing their predictions come true so far ahead of schedule. ...
UK house prices fell in January for the first time in five months image
Source : Guardian [Read Article] Tuesday 7th of February 2017 10:34:19 AM
....Capital Economics expects house price growth to cool to 2% by the end of the year, saying “the squeeze on household incomes we expect will tend to curb demand”. Tombs has the same prediction. ...
'UK could be fastest-growing G7 economy if it gets trade deals right' image
Source : Guardian [Read Article] Tuesday 7th of February 2017 06:30:07 AM
....Its analysis in March last year warned that leaving the EU would cause a serious shock to the UK economy that could lead to 950,000 job losses and leave the average household £3,700 worse off by 2020. Since the referendum, most economic outlooks have been shown to be overly pessimistic and forecasters, including the Bank of England, have been forced to revise up their predictions for UK growth. ...
Sir Andrew Witty nears his last Glaxo goodbye image
Source : Guardian [Read Article] Sunday 5th of February 2017 07:00:07 AM
....It may be a bit of a stretch to adapt that crack to economic forecasting, but no matter: the dismal scientists are hardly in a position to complain about a touch of cavalier extrapolation. Anyway, last week saw the latest press conference at which the Bank of England’s finest had to admit that Threadneedle Street had made a complete Horlicks of its economic predictions. ...
UK faces return to inequality of Thatcher years, says report image
Source : Guardian [Read Article] Tuesday 31st of January 2017 11:26:31 PM
....”. The prediction that inequality is set to start rising again is based on the thinktank’s forecast that while incomes will fall for the poorer half of households they will rise by about 5% for the richest fifth over the next four years. ...
Weetabix warns it may raise prices due to fall in pound since Brexit vote image
....Several food companies, including Unilever, which owns Marmite and Magnum ice cream, the Mr Kipling maker Premier Foods, and Mondelez International, the owner of Cadbury, have increased prices in the UK or warned they will do so to offset the weakness of the pound. Unilever’s decision to raise the price of Marmite by 10% last October led to a dispute with Tesco and predictions of further price increases this year. ...
Young people optimistic about economy despite Brexit, says study image
Source : Guardian [Read Article] Monday 30th of January 2017 07:00:46 AM
....”. That prediction was supported by an easing in the pace of growth among private sector companies in the three months to January, according to a CBI survey. ...
Dow Jones hits record high – is Trump good for stock markets? image
Source : Guardian [Read Article] Wednesday 25th of January 2017 03:18:04 PM
....Smith’s point is that even if you could read developments vaguely well and get your timing right, there is a second-order problem. “To usefully employ your predictions, you would not only have to make mostly correct predictions, but you would also need to gauge what the markets expected to occur in order to predict how they would react. ...
Electric cars will not stem global demand for oil, says BP image
Source : Guardian [Read Article] Wednesday 25th of January 2017 02:47:17 PM
.... Fossil fuels would still account for 75% of the energy mix, slightly down on the 80% BP forecast last year. Oil demand was unlikely to peak until the mid-2040s, Dale said, in a prediction similar to that of the International Energy Agency but much later than some other observers think. ...
UK GDP preview: sharp slowdown expected in 2017 image
Source : Guardian [Read Article] Sunday 22nd of January 2017 03:54:01 PM
.... Both before and after the June vote, forecasters at the Bank and elsewhere said the decision to leave the EU would bring growth to a near-standstill by the end of the year. But as economic data repeatedly defied the gloomy predictions, the forecasts were rewritten amid criticism that the Bank and others had overdone their pessimism. ...
Banks are moving workers, inflation is up. Project Fear is coming true | Simon Jenkins image
....The tumult and the shouting dies. From hysterical prediction slowly emerges the grim reality. ...
UK housing market falters as estate agents become less optimistic image
Source : Guardian [Read Article] Thursday 19th of January 2017 07:01:30 AM
....“It remains to be seen if this is a temporary setback,” Rics said. “The number of house sales in the UK faltered in December, and predictions for expected new sales over the next three months were also pared back. ...
House prices in the South East FALL amid Southern Rail chaos image
Source : Daily Express [Read Article] Tuesday 17th of January 2017 04:51:00 PM
.... Alex Gosling, chief executive at HouseSimple. com, said: "November was a strong month for property prices, which goes against all the predictions that prices would stutter in the months following the EU vote. ...
Top bosses question benefits of globalisation, PwC survey finds image
Source : Guardian [Read Article] Monday 16th of January 2017 06:30:16 PM
....Bob Moritz, PwC’s global chairman, said: “Despite a tumultuous 2016, CEO confidence is moving back up – albeit slowly and still a long way from the levels we saw back in 2007. But there are signs of optimism right across the globe, including in the UK and US, where, despite predictions of a Trump slump and a Brexit exit, CEOs’ confidence in their company’s growth are up from 2016. ...
IMF upgrades UK forecast but notes Brexit terms are 'unsettled' image
Source : Guardian [Read Article] Monday 16th of January 2017 02:00:25 PM
.... It listed that uncertainty among a host of risks it sees to the global outlook that also included the potential for a wave of protectionism as Donald Trump takes over the US presidency. The IMF was forced to accept in October that its prediction of a post-Brexit-vote financial crash had proved to be overly pessimistic. ...
Twelve things you need to know about driverless cars image
Source : Guardian [Read Article] Sunday 15th of January 2017 07:30:09 AM
....The six levels of automation, defined under international standards by the Society of Automotive Engineers, range from “no automation” to “full automation”, explains Sven Raeymaekers, of tech investment banker GP Bullhound. “If you look at the most recent predictions, the majority of car manufacturers estimate the first highly to fully automated vehicles [AVs] will hit the market between 2020-2025,” he says. ...
Morrisons sees best Christmas performance for seven years image
Source : BBC [Read Article] Tuesday 10th of January 2017 07:29:30 AM
.... . Even so, it seems that this has been a better Christmas than the big grocers might have expected given the gloomy predictions ahead of the EU referendum vote. ...

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