Every year, millions of UK consumers suffer from some form of consumer detriment, be it a delayed delivery, substandard service or the purchase of a faulty item. Such experiences are a familiar feature of everyday lives, but quantifying the scale and
Skills shortages and skills mismatches are worrying issues for businesses. When employers find it difficult to recruit the people with the skills they need, there are real costs. These may be lost business, reduced productivity or a need to undertake
By 2015, there were more than 1.6 billion people in the world who were part of the 50-plus cohort. By 2050, this number is projected to double to nearly 3.2 billion people. Throughout the world, the growth of this age group is having a transformative impact, economically and socially.
Gambling is a regulated market in Hong Kong, with the Hong Kong Jockey Club (HKJC) being the only authorised operator. However, a substantial illegal market, exists alongside the legal market. This report examines the social and economic harms which
Drax Group is one of the UK’s largest energy companies. It has three principal activities: electricity generation, electricity sales to business customers, and processing compressed wood pellets for use in electricity production.
Drax Group create
Strong leadership pays dividends in the digital economy, where continuous innovation, rapid decision making, and a global mindset are essential to success. Oxford Economics surveyed more than 4,100 executives and employees, around the world and from
The digital revolution is transforming manufacturing. By bringing machines and artificial intelligence into the workforce, it is enabling an increasingly adaptable, change-ready, and responsive working environment: a Connected Industrial Workforce in
Access to talent is central to London’s competitiveness. It is important that all companies can recruit the skills and experience they need to innovate and grow.
Tier 2 of the UK’s visa system is the main economic route for skilled immigration fro
In an effort to plug a widening fiscal deficit and preserve further depletion of its reserve funds, Russia’s government has been mulling over the idea of privatising some of its key enterprises. Nafez Zouk of Oxford Economics speaks to Hannah Lilley,
Falmouth University is an important contributor to jobs, Gross Domestic Product, and innovation in Cornwall. That is particularly important because Cornwall has some of the lowest living standards in Europe as measured by GDP per inhabitant. Organisa
Within the past five years, global tourism has reached new heights. International tourists now account for more than 1 billion travel arrivals and $1 trillion in spending abroad. Over the next 10 years, the growth in travel spending is broadly expect
The British public’s vote to leave the EU will have wide-scale implications for businesses across the industrial spectrum.
Oxford Economics has completed a quantitative research study to provide the information you need to be prepared. Using our
This study investigated the economic and social impact of mobile internet technology across the economies of South East Asia. In-house econometric research established the relationship between mobile internet penetration and key enablers of supply s
Retail banks face no shortage of challenges — everything from agile “fintech” disruptors and changing customer expectations to complex compliance demands and outmoded IT investments. By adopting some key digital use cases, however, retail banks can c
Open-plan offices are meant to encourage collaboration and contribute to a collegial workplace culture, but they also come with serious drawbacks like noise and distraction. Oxford Economics conducted a survey of more than 600 executives and 600 empl
The presence of the commercial radio industry in the UK generates economic activity and supports jobs across the economy. In 2014/15, it supported nearly 12,340 jobs in the UK. The industry’s own workforce numbered 4,410 people, over three times as m
About $120 trillion in assets are managed by global wealth managers, but 4 out of 10 clients say they’re open to switching managers under the right circumstances. This represents a $175 bn–$200 bn revenue opportunity for firms ready to meet their nee
Nimble Storage surveyed nearly 3,000 IT decision makers (ITDMs) and business users worldwide to see how application delays (the “App-Data Gap”) affect performance. Nearly two-thirds of all respondents and 76% of US-based respondents reported that the
To face a world of interconnected risks, companies need an integrated, resilient approach that views risk management through multiple lenses across all lines of defense. And to grow in this world, they need a proactive, risk-enabled approach that gi
2015 was the year that the IoT gained legitimacy; 2016 is the year it goes mainstream. Over the last year, enterprises shook off a “start small, think big” mind-set around IoT, and are now building it into their future strategies and business models.