Ernst & Young UK Seeing A Fragile Recovery For The UK Economy

Rob Starr, Big4.com
July 14, 2010

The recovery from the worst worldwide recession in the last 6o years has left the domestic side of the UK’s economy more vulnerable than first expected, according to official statisticians and Ernst & Young UK. The general consensus is that the country entered recession in Q4-2008 and was out of it in Q4-2009. But it is the growth in the quarters following the end of the recession are that much more critical. 

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PwC Finds UK Consumers Hope Recovery Will Follow World Cup Win

PricewaterhouseCoopers UK has a very interesting finding after recently surveying 2,000 UK adults. A full one-fifth believe that a win for UK in the upcoming World Cup in South Africa “could help allay the financial crisis and would help the country out of the downturn.”...



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EY Report Shows Q1-2009 IPO Activity Completely Stalled – Only 50 Worldwide

As widely expected, exit strategies through initial public offerings to investors took a beating in the last three months, testimony to a slow capital market and unenthusiastic investors. Ernst & Young confirms that in its just-released Q1-2009 Global IPO update. There were just 50 IPOs worldwide in Q1-2009 raising about US$1.4 billion in capital, with only 2 deals over US$100 million...

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