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The short disruption to growth could see the UK economy reaching pre-COVID-19 levels by the third quarter of 2022, compared to the second quarter in our earlier forecast, with GDP up by 4.2% in 2022 and 2.2% in 2023 after growing by an estimated 6.7% in 2021 (see Chart 1).
Chart 23: Third party UK institutional client market by client type in 2021 55 Chart 24: UK third party institutional mandates including LDI in 2021 56 Chart 25: Notional value of LDI (2011-2021) 56 Chart 26: UK third party institutional client mandates: multi-asset vs. specialist in 2021 57 Chart 27: UK third party institutional client ...
Feb 23, 2022 · The UK’s rapid vaccination campaign enabled it to start to reopen the economy in the Spring of 2021. With highly accommodative policies, the recovery has been faster than expected. However, capacity constraints and rising price pressures have emerged while new Covid-19 variants have raised new uncertainties. The government has allowed all initial pandemic support programs to sunset but has ...
2020 2021 2022 Source: ONS, KPMG analysis. Chart 2: UK vaccination uptake is high First dose Second dose Share of adult population, % 80% 70% 20% 0% 10% 30% 40% 50% 60% Jan 2021 Feb 2021 Mar 2021 Apr 2021 May 2021 Source: Gov.uk, KPMG analysis. Chart 3: Business and consumer confidence are recovering sharply eviations from the 2011 average 3 2 ...
The New Leipzig Charter- The transformative power of cities for the common good was adopted at the Informal Ministerial Meetings organised on 30 November 2020 under German Presidency. The New Leipzig Charter provides a key policy framework document for sustainable urban development in Europe. The Charter highlights that cities need to establish ...
Social Mobility Progression Report 2022: Mind the gap. The study is the latest advancement by KPMG to deepen understanding of social inequalities in the workplace, while sharing its insights with the wider business community. Our UK firm has become the first of the Big Four to publish our socio-economic pay gaps and set out ambitious targets to ...
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The World Inequality Report 2022 provides the first estimates of the gender inequality in global earnings. Overall, women’s share of total incomes from work (labor income) neared 30% in 1990 and stands at less than 35% today (Figure 12).
