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Consumer spending will continue to outperform the economy as a whole despite being at its lowest level in six years, according to this EY ITEM Club Special Report.
Key points include:
- Consumer spending is relatively unaffected by Brexit uncertainty, but a slowing labour market and earnings growth could bite
- Growth in households’ real disposable income is expected to be slower in the next two years after a spike in 2018, and is likely to be significantly below the post-war average
- Workers at either end of the income distribution should fare best, with the squeezed middle continuing to feel the pinch
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Investing in good commercial management will help to win profitable contracts and make a business more attractive to potential investors or provide greater returns to shareholders, writes Lina Brown, Group Commercial & Legal Director at Equiniti
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This report by BIE Executive looks at how supply chain and procurement sit at the heart of any product-led business.
BIE's 2018 Supply Chain Risk Survey explores:
- What are the biggest challenges for supply chains?
- How has the supply chain risk profile changed over the last three years and how will it look in the next three years?
- In what way does supply chain provide a competitive advantage to businesses?
- How much of a role is business transformation playing in the supply chain?
- What are the key areas of focus for change?
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Seventy per cent of those surveyed said they were experiencing difficulties in recruiting the skilled people they require, finds this report by BDO in association with the Institution of Mechanical Engineers (IMechE).
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Over half of IT incidents are caused by avoidable issues, such as component failures and human error, finds research from KPMG.