Jordans provides data for Western Daily Press Business Guide for 2018

For many years, The Western Daily Press have called upon the local expertise and information provided by Jordans to publish their Business Guides and we are delighted to once again be working with them on this year’s edition. With business opportunity comes an increased reliance on business intelligence and to successfully achieve sustained growth, it is important that all information is accurate and up-to-date. Jordans has been providing business information and insight for over 30 years and supplies data to over 25,000 companies per year.
 
The Western Daily Press Guide for 2018 takes a look at the West’s top 150 companies, which includes local businesses as well as international, and provides a comprehensive analysis of the South West’s economic outlook for the year ahead. The Business Guide shows some promising performances and it seems the West’s companies are backing the trend of using business intelligence to nurture their businesses effectively.
 
In an extract, the Guide explains:
 
“The 2018 list of the West’s 150 top companies is once again dominated by UK based international companies and foreign subsidiaries, with Imperial Brands again occupying first place. There has been some movement
amongst the top 20 companies including two new entries. The most impressive is oil product wholesaler Puma Energy (UK) Limited (who last year entered the list at 48th position) moving up 33 places to 15th position.
 
This year’s guide has also seen many notable performances from companies registered in the West.
 
The highest new entry is Bristol based Curtis Banks (53rd), who are a leading provider of personal pension schemes with over £9bn of assets under administration.”
 
So the Business Guide again shows some robust performances, but what is the economic outlook for 2018?
 
“The FTSE 100 finished 2017 with a surge that pushed the index to a record high and although economic forecasters expect the Footsie to rise in 2018 it will not be at the same pace as 2017. So what will be the trend in other main economic indicators and what does it mean for business?
 
The outturn in 2017 saw GDP Growth of 1.7%, inflation at 3.1%, an unemployment rate of 4.3% and an interest rate of 0.5%. According to David Smith at the Sunday Times, one of the best forecasters in 2017 was Allan Clarke at ScotiaBank. His prediction on these indicators for 2018 is GDP Growth of 1.5%, a low 1.8% inflation rate by the end of year and an increase in the interest rate to 1%.
 
Other respected forecasters are predicting volatility in the Footsie but it’s ending the year on a par with 2017, with interest rates staying within 0.5 -1% with inflation falling from its current position.” 
 
To find out more about how business intelligence can help your company prosper, please contact me.

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