Update: Is Britain still good for business now that Article 50 has been triggered?
As our November analysis showed, the low value of the pound post Brexit resulted in a 500% increase in inbound searches for flights and hotels. This finding was in line with ForwardKey’s tourism market analysis report, which showed an immediate increase in international net bookings for arrival in the UK. According to Google Trend data, […]
Brexit economic uncertainty or seasonality? Why the restaurant sector is seeing a decline
Why is the restaurant sector seeing a decline? Economic uncertainty following Brexit and Trump has reduced the disposable incomes of many, increasing the preference of “dining in” as opposed to “dining out”. Restaurants: like-for-like sales -0.6% Pubs: like-for-like sales -1.2% YOY sales: -1.0% Intent to go out: -2.93% Political impact on decision to go out: […]
US election response matters
Many investors and fund managers had hoped that the surprise Brexit result was a one off. It couldn’t possibly happen again, could it? The underdog pulling on the emotive strings of the populist vote above reason, logic and to some extent humanity. And that’s before we get to the details of international trade relations, internal […]
The Brexit Report – Political and Digital Analysis of how Brexit will affect consumer confidence
All the latest political and social Brexit data here, updated weekly in collaboration with GK Strategy: the effects of politics on consumer confidence and markets. How is Brexit impacting on consumer confidence and what risk does this pose? “The day after the EU referendum there was a spike in online conversations by 56%. On the […]