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International Trade
The £25bn-a-year prize at stake in Starmer’s Brexit reset talks with EU
Removing trade barriers on goods, including food and drink and electrical items, could result in a 2.2 per cent uplift in gross domestic product in the long run, boosting the economic growth the prime minister so desperately wants to deliver, financial analysts Frontier Economics found.
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Retail and Consumer
Threat of global trade war pulls down Brits’ economic confidence
“That could create opportunities if retailers are nimble to pickup this cheaper stock, but also risk of more low price competition,” Tim Black, economist at Frontier Economics, said.
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Energy
BW ESS and Zelos advance 1.5GW BESS project pipeline in Germany
A study by Frontier Economics states that the capacity of utility-scale BESS can generate €12 billion ($13.6 billion) in added economic value.
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Energy
EU Chief: EU to counter new US tariffs
According to a report released by Frontier Economics in February, a blanket 20% tariff on EU goods would cost the EU $209 billion. Services exports were expected to increase slightly.
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Retail and Consumer
The fastest growing UK regions for startups revealed – and the results might surprise you
A study by GoDaddy’s Venture Forward looked at the economic impacts of small businesses and the attitudes of the owners who start them. It analysed data from more than 600,000 UK microbusinesses, GoDaddy’s research in partnership with Frontier Economics found that each additional digital microbusiness is associated with an average increase of around five jobs per resident.
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Health and Social Care
GP care analysis casts doubt on Labour pledge to ‘bring back the family doctor’
By 2034, qualified GPs in England will deliver just 70% of all appointments at surgeries, down from the 90% who did so as recently as 2015, the analysis forecasts. Patients will increasingly see another type of health professional, such as a nurse, physiotherapist or pharmacist, when they visit their practice, Frontier Economics predicts.
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Health and Social Care
184,000 in UK to get preventable cancer diagnosis this year, study finds
It estimated that on current trends the number of avoidable cancer diagnoses is due to rise from 184,000 to 226,000 a year by 2040 because of population changes. Between now and then, 3.7 million people will be diagnosed who would have not developed the disease if it had not been for the four known main risk factors – smoking, drinking, obesity and UV radiation. Those cases combined will cost the UK £1.26tn, Frontier believes.