The signs are that the worst of the cost of living crisis may be over for consumers, with CPI inflation at 3.4% in February now well below the rise in average pay of 6.1% for those in work. Pensioners have seen a huge hike of 8.5% and most benefits have been uprated by 6.7%. If only the situation facing businesses
It is with the greatest sadness that Opus Business Advisory Group has to announce the loss of one of its founding Partners, Steve Parker, who passed away unexpectedly on 7th April 2024. Steve was one of the genuinely good guys – a top class IP, an astute businessman and a kind and caring person, who was an inspiration to all
Green shoots of recovery or another false dawn? The chart of the UK’s monthly GDP movement over the past thirteen months, published in mid-March by the Office for National Statistics, confirms just how erratic and weak our growth performance was in 2023. There were six monthly rises and six monthly falls, all of less than 0.75% and most far smaller
2023 ended with a very mixed mood for the architectural sector. Some of this feeling was driven by a new and, in some traditional parts of the profession, unwanted trend of downscaling through the use of technology. Here, we look at these factors and consider what they may mean for the future of architectural firms. A very mixed outlook among
Opus Business Advisory Group continues to support the thriving North West business community by opening a new office in central Manchester. Frank Ofonagoro joins Opus to lead a dedicated team committed to business support, restructuring and insolvency advice. Frank brings over 20 years of experience delivering projects in restructuring, transaction services and corporate advisory. He is a current board member
Earlier this month we published a detailed report into the architectural sector in the UK. Now we are concentrating on the most significant new development in decades, the effect that Artificial Intelligence (AI) is having on the architectural profession and its work. AI is sweeping the world and revolutionising more and more aspects of business operations. Architects are no exception
