Two out of three UK adults plan to improve their finances by switching this year. Cost of existing financial commitments and an inability to afford repayments is the main driver.
The run of healthy labour market data, defying virtual stagnation in GDP and public sector job cuts in the past year, stalled in early 2013. The combination of job losses and extremely weak earnings growth will keep household incomes under pressure. However, conditions should improve later this year, buoyed by a pick up in the global backdrop, easing inflation and credit conditions.
House price growth is now gradually gaining some momentum. In contrast to our earlier view of a flat housing market in 2013, we now expect some improvement in activity and muted rise in house prices in the year as the government’s Funding for Lending and Help to Buy schemes begin to have an impact on the market.
Business leaders, economic watchers and – indeed – anyone with an interest in our nation’s finances will have found some relief in recent GDP data indicating that the UK had avoided falling into another recession.
Join the webinar for first-hand analysis of the past 12 months and emerging fraud trends.
As digital living took hold in 2012, social media became a significant part of everyday life for millions across the UK. Indeed, social media makes up 12% of all internet visits and a remarkable 23% of the total time spent online in the UK. The challenge will be to monetise and measure social investments by understanding the value of the data, insights and conversions that these social channels create.
Yesterday I was at DataIQ NOW! with a group of data professionals, who all share my passion for data and the potential it gives us to deliver even smarter marketing campaigns. Read about my key takeaways from the event.
