Market Research Analyst Overview

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What is a Market Research Analyst ?

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  • Communicating with stakeholders and participating in meetings.
  • Analyzing data and creating visualizations.
  • Ensuring project timelines are met.
  • Monitoring sales trends. 

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How Much Does a Market Research Analyst Make?

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Average Americans work well into their 60s, so workers might as well have a job that's enjoyable and a career that's fulfilling. A job with a low stress level, good work-life balance and solid prospects to improve, get promoted and earn a higher salary would make many employees happy. Here's how Market Research Analysts job satisfaction is rated in terms of upward mobility, stress level and flexibility.

Opportunities for advancements and salary

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Kara Coleman Fields

Kara Coleman Fields is an editor and writer on the Advice Products team, where she works on projects including Best Companies to Work For and Best Jobs. Previously, she wrote and edited SkillBuilder, loans and credit cards content for U.S. News. Prior to joining U.S. News, she worked for news outlets in Alabama and Tennessee. Read more

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Quantitative research: Understanding the approaches and key elements

Quantitative Research Understanding The Approaches And Key Elements

Quantitative research has many benefits and challenges but understanding how to properly conduct it can lead to a successful marketing research project.

Choosing the right quantitative approach

Editor’s note: Allison Von Borstel is the associate director of creative analytics at The Sound. This is an edited version of an article that originally appeared under the title “ Understanding Quantitative Research Approaches .”

What is quantitative research?

The systematic approaches that ground quantitative research involve hundreds or thousands of data points for one research project. The wonder of quantitative research is that each data point, or row in a spreadsheet, is a person and has a human story to tell. 

Quantitative research aggregates voices and distills them into numbers that uncover trends, illuminates relationships and correlations that inform decision-making with solid evidence and clarity.

The benefits of quantitative approach es

Why choose a quantitative   approach? Because you want a very clear story grounded in statistical rigor as a guide to making smart, data-backed decisions. 

Quantitative approaches shine because they:

Involve a lot of people

Large sample sizes (think hundreds or thousands) enable researchers to generalize findings because the sample is representative of the total population.  

They are grounded in statistical rigor

Allowing for precise measurement and analysis of data, providing statistically significant results that bolster confidence in research.

Reduce bias

Structured data collection and analysis methods enhance the reliability of findings. 

Boost efficiency

Quantitative methods often follow a qualitative phase, allowing researchers to validate findings by reporting the perspective of hundreds of people in a fraction of the time. 

Widen the analysis’ scope

The copious data collected in just a 20-minute (max) survey positions researchers to evaluate a broad spectrum of variables within the data. This thorough comprehension is instrumental when dealing with complex questions that require in-depth analysis. 

Quantitative approaches have hurdles, which include:

Limited flexibility

Once a survey is fielded, or data is gathered, there’s no opportunity to ask a live follow-up question. While it is possible to follow-up with the same people for two surveys, the likelihood of sufficient responses is small. 

Battling bots

One of the biggest concerns in data quality is making sure data represents people and not bots. 

Missing body language cues

Numbers, words and even images lack the cues that a researcher could pick up on during an interview. Unlike in a qualitative focus group, where one might deduce that a person is uncertain of an answer, in quantitative research, a static response is what the researcher works with.

Understanding quantitative research methods 

Quantitative approaches approach research from the same starting point as qualitative approaches – grounded in business objectives with a specific group of people to study. 

Once research has kicked off, the business objective thoroughly explored and the approach selected, research follows a general outline:  

Consider what data is needed

Think about what type of information needs to be gathered, with an approach in mind. While most quantitative research involves numbers, words and images also count.

  • Numbers: Yes, the stereotypical rows of numbers in spreadsheets. Rows that capture people’s opinions and attitudes and are coded to numbers for comparative analytics. Numerical analysis is used for everything from descriptive statistics to regression/predictive analysis. 
  • Words:  Text analysis employs a machine learning model to identify sentiment, emotion and meaning of text. Often used for sentiment analysis or content classification, it can be applied to single-word responses, elaborate open-ends, reviews or even social media posts.
  • Images: Image analysis extracts meaningful information from images. A computer vision model that takes images as inputs and outputs numerical information (e.g., having a sample upload their favorite bag of chips and yielding the top three brands).

Design a survey

Create a survey to capture the data needed to address the objective. During this process, different pathways could be written to get a dynamic data set (capturing opinions that derive from various lived experiences). Survey logic is also written to provide a smooth UX experience for respondents.    

Prepare the data

The quality of quantitative research rests heavily on the quality of data. After data is collected (typically by fielding a survey or collecting already-existing data, more on that in a bit), it’s time to clean the data. 

Begin the analysis process

Now that you have a robust database (including numbers, words or images), it’s time to listen to the story that the data tells. Depending on the research approach used, advanced analytics come into play to tease out insights and nuances for the business objective. 

Tell the story

Strip the quantitative jargon and convey the insights from the research. Just because it’s quantitative research does not mean the results have to be told in a monotone drone with a monochrome chart. Answer business objectives dynamically, knowing that research is grounded in statistically sound information. 

The two options: Primary vs. secondary research

The two methods that encompass quantitative approaches are primary (collecting data oneself) and secondary (relying on already existing data).

Primary  research  is primarily used  

Most research involves primary data collection – where the researcher collects data directly. The main approach in primary research is survey data collection.  

The types of survey questions

Span various measurement scales (nominal, ordinal, interval and ratio) using a mix of question types (single and multi-choice, scales, matrix or open-ends).  

Analysis methods

Custom surveys yield great data for a variety of methods in market analysis. Here are a couple favorites: 

  • Crosstabulation : Used to uncover insights that might not be obvious at first glance. This analysis organizes data into categories, revealing trends or patterns between variables. 
  • Sentiment analysis: Used to sift through text to gauge emotions, opinions and attitudes. This method helps understand perception, fine-tune strategies and effectively respond to feedback.
  • Market sizing: Used to map out the dimensions of a market. By calculating the total potential demand for a product or service in a specific market, this method reveals the scope of opportunities needed to make informed decisions about investment and growth strategies. 
  • Conjoint analysis : Used to uncover what people value most in products or services. It breaks down features into bits and pieces and asks people to choose their ideal combo. By analyzing these preferences, this analysis reveals the hidden recipe for customer satisfaction.
  • Job-To-Be-Done : Used to understand the underlying human motivations that drive people to act. People are multifaceted and experience a myriad of situations each day – meaning that a brand’s competition isn’t limited to in-category. 
  • Segmentation: Used to identify specific cohorts within a greater population. It groups people with similar characteristics, behaviors or needs together. This method helps tailor products or services to specific groups, boosting satisfaction and sales.

Statistical rigor

Regardless of method, a quantitative approach then enables researchers to draw inferences and make predictions based upon the confidence in the data (looking at confidence intervals, margin of error, etc.)

Let’s not forget secondary research

By accessing a wide range of existing information, this research can be a cost-effective way to gain insights or can supplement primary research findings. 

Here are popular options: 

Government sources

Government sources can be extremely in-depth, can range across multiple industries and markets and reflect millions of people. This type of data is often instrumental for longitudinal or cultural trends analysis. 

Educational institutions

Research universities conduct in-depth studies on a variety of topics, often aggregating government data, nonprofit data and primary data.  

Client data

This includes any research that was conducted for or by companies before the   present research project. Whether it’s data gathered from customer reviews or prior quantitative work, these secondary resources can help extend findings and detect trends by connecting past data to future data.

Quantitative research enhances research projects

Quantitative research approaches are so much more than “how much” or “how many,” they reveal the   why   behind people’s actions, emotions and behaviors. By using standardized collection methods, like surveys, quant instills confidence and rigor in findings.

Canvs AI: Unlock critical insights from unstructured feedback Related Categories: Research Industry, Data Analysis, Quantitative Research Research Industry, Data Analysis, Quantitative Research, Artificial Intelligence / AI, Text Analytics

Segmentation in the pharma industry: How to create resilient strategies Related Categories: Research Industry, Sampling, Survey Research Research Industry, Sampling, Survey Research, Market Segmentation Studies, Segmentation Studies, Health Care (Healthcare), Health Care (Healthcare) Research, Patients , Questionnaire Analysis, Social Media Research

Leveraging AI to unlock qualitative research at scale Related Categories: Research Industry, Quantitative Research, Sampling, Hybrid Research (Qual/Quant) Research Industry, Quantitative Research, Sampling, Hybrid Research (Qual/Quant), Artificial Intelligence / AI, Qualitative Research, Attitude/Usage Studies, Consumer Research, Consumers, Data Visualization/Infographics

Situational choice experiments for marketing research Related Categories: Research Industry, Data Analysis, Survey Research Research Industry, Data Analysis, Survey Research, Conjoint Analysis/Trade-Off Analysis, Discrete Choice Modeling, Physicians, Software-Conjoint Analysis, Questionnaire Analysis

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Market Research Analyst

Date: May 16, 2024

Location: Houston, TX, US, 77002

Company: CenterPoint Energy

CenterPoint Energy and its predecessor companies have been in business for more than 150 years. 

Our Vision: Our vision is to become the most admired utility in the United States through the execution of our long-term growth strategy. We have an unwavering commitment to safely and reliably deliver electricity and natural gas to millions of people. 

Our Commitment: CenterPoint Energy is committed to creating an inclusive work environment where business results are achieved through the skills, abilities and talents of our diverse workforce.

At CenterPoint Energy, individuals are respected for their contributions toward our company objectives. We strive for an inclusive work environment across all levels that is reflective of the available workforce in the communities we serve.

Provides administrative and research assistance for various projects, as assigned by the Market Research and Analytics Manager. Responsible for providing qualitative and quantitative research, evaluation support, technical assistance, needs assessment, and support services for a variety of business units across multiple states. Assist with project management activities, data collection activities, conducting research and evaluation across a broad range of topics.

The successful candidate must possess project management skills, be knowledgeable in social science research, including evaluation theory and methodology, and proposal and report writing. The position requires diplomacy, problem solving skills, motivation, and the ability to work independently and in teams. Important competencies include results oriented, strategic planning, communication, and collaboration. This position is in the Market Research and Analytics group, within the Marketing and Customer Experience Organization.

  • Write  proposals with direction from executives, directors, and managers
  • Write a questionnaire with little or no direction
  • Write or review tab plans directed toward the final analysis
  • Conduct research and evaluation activities (site visits, focus groups, qualitative interviews)
  • Conduct quantitative data file production and manipulation and basic statistical analyses
  • Create an action plan with little or no direction
  • Create topline and final reports and be able to present research findings either on their own or in tandem with the business developer/VP
  • Recommend changes in procedure or processes for research investigations and make decisions relating to project issues, including field, sample, weighting, etc. 
  • Requires a bachelor’s degree in a social science, economics, marketing, business or related field with exposure to the social science research and evaluation functions. 
  • Requires a minimum of 1-3 years of experience with custom market research, data analysis, and/or market insights. 
  • Experience  with simple statistical analysis using software like Excel, SPSS, or SAS
  • Experience with research and evaluation activities
  • Experience with multivariate techniques – when to use them and how to interpret the output (Conjoint/Discrete Choice/Max/Diff, Optimization)
  • Excellent analytical skills
  • Strong writing skills; building a story from the data
  • Experience with reviewing and designing questionnaires and training materials
  • Knowledge if a variety of different custom quantitative research methods; experience with online custom research
  • Ability to manage time across multi-faceted projects
  • The ability to produce timely, high-quality deliverables
  • Able  to demonstrate excellent teamwork and collaboration skills; strong interpersonal and conflict resolution skills
  • Able to apply knowledge of SAS, SPSS, mTAB, SAP, CRM, Marketing Automation Software, Microsoft Office including Excel, Word, Access and PowerPoint
  • Able to identify creative and innovative solutions to resolve problems, and make sound decisions
  • Able to assess a variety of customer, marketing, industry, competitive and trend data and shape business strategy based on a discipline approach
  • Able to understand competitive landscape, economic trends, and operational processes and costs
  • Ability to prioritize and multitask
  • Able to apply excellent organizational skills and strong attention to detail
  • Able to demonstrate is a quick learner, who can absorb new ideas swiftly and easily
  • Able to work across the organization to establish mutual goals and a joint planning process to achieve business objectives
  • Experience with Qualtrics a plus

We want you to know Being a part of the CenterPoint Energy team is more than a career alone. It's an opportunity to make a positive impact. You will be an integral part of enabling everyday life and the pursuit of possibilities for the customers we serve and the communities we share. The vital services we provide are at the core of making our world work, and by sharing your energy with us, we'll create a better tomorrow together.  Diversity, Equity and Inclusion CenterPoint Energy is committed to creating an inclusive work environment where business results are achieved through the skills, abilities and talents of our diverse workforce.

At CenterPoint Energy, individuals are respected for their contributions toward our company objectives. We strive for an inclusive work environment across all levels that is reflective of the available workforce in the communities we serve.  

What we bring to you

  • Competitive pay
  • Paid training
  • Benefits eligibility begins on your first day
  • Transit subsidies
  • Flexible work schedule, paid holidays and paid time off
  • Access to discounts at fitness clubs and an on-site wellness center at our headquarters in Houston
  • Professional growth and development programs including tuition reimbursement
  • 401(k) Savings Plan featuring a company match dollar-for-dollar up to 6% and a company contribution of 3% regardless of your contribution

Job Type:  Full Time  Posting Start Date: 05/16/2024​ Posting End Date: 05/30/2024

This contractor and subcontractor shall abide by the requirements of 41 CFR §§ 60-1.4(a), 60-300.5(a), and 60-741.5(a). These regulations prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities and prohibit discrimination against all individuals based on their race, color, religion, sex, sexual orientation, gender identity, or national origin. Moreover, these regulations require that covered prime contractors and subcontractors take affirmative action to employ and advance in employment individuals without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status or disability.

Nearest Major Market: Houston

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Director of Admission Marketing, Communication, and Publications

  • Enrollment Management
  • Professional Staff
  • Opening at: May 14 2024 at 10:00 CDT

Job Summary:

The Director of Admission Marketing, Communication, and Publications works with the Dean of Admission to establish and execute a coordinated and comprehensive marketing strategy to lift the profile and increase volume at all levels of the recruitment funnel for the undergraduate population of Texas Christian University. Key activities include providing direction, guidance and leadership in marketing TCU to prospective students, their families and high school counselors through the duration of the enrollment funnel; developing marketing strategies, planning and coordinating marketing efforts, communicating marketing plans and building brand awareness; leading marketing research efforts; managing the admission marketing team of employees and interns; managing a marketing budget of approximately $1M; serving as liaison between Office of Admission and Division of Marketing and Communications. Provides a singular voice throughout the enrollment process to all audiences that ensures effective understanding of the application process, enhances consistency and recognition of the TCU brand, and streamlines and strengthens admission and recruitment events and procedures to best support the revenue and academic goals of the institution.

Duties & Essential Job Functions:

1. Provides oversight of admission marketing department staff and interns, their responsibilities, goals and achievements. Reviews and communicates performance fulfillment with individual team members regularly; manages and encourages skill development to stay with marketing trends. 2. Provides oversight and approval of customized and integrated print, e-mail and digital platforms for the admission communication calendar. 3. Develops response-driven, conditional, ongoing e-mail and print campaigns; uses Slate data to update students about their progress through the enrollment funnel; contracting with outside consultants as appropriate. 4. Coordinates with admission technology team, Financial Aid and other scholarship units for communication to applicants, admits and matriculated students. 5. Manages marketing processes by ensuring that deadlines and budgets are met; developing production timetables with copywriters and designers; arranging photo and video shoots; tracking budget. 6. Manages marketing strategy for junior and senior search campaigns to maximize lead generation and ultimately convert prospects to applicants and matriculants that meet institutional competitive and enrollment goals. 7. Oversees social media strategy and messaging; works with institutional social media to coordinate messaging and platforms. 8. Manages marketing research by obtaining information; compiling reports; coordinating requests with internal departments and external consultants. 9. Supports key campus partners in communication directly tied to enrollment. 10. Sits on senior staff team working with division leadership on office priorities; makes recommendations for protocol change; creatively solves admission and enrollment problems. 11. Performs other related duties as assigned.

Required Education & Experience:

• Bachelor’s degree in related field or equivalent in experience. • 7 plus years’ experience in public relations or marketing related activities, including publication design, direct mail, Web sites, e-mail and video.

Preferred Education & Experience:

• Master’s degree. • Higher education industry experience.

Required Licensure/Certification/Specialized Training:

Preferred licensure, certification, and/or specialized training:, knowledge, skills & abilities:.

• Knowledge of marketing techniques. • Knowledge of college application process. • Knowledge of university programs. • Knowledge of customer service techniques. • Knowledge of project management techniques. • Knowledge of supervisory techniques. • Skill in written and oral communication. • Skill in some or all components of Slate Technolutions. • Skill in some or all components of Microsoft Office. • Skill in some or all components of Adobe Creative Suite. • Skill in leadership, management and communication techniques. • Skill in assessment and project evaluation. • Skill in staff management and oversight. • Skill in financial negotiations and budget organization. • Skill in organization, time management and collaboration. • Ability to participate actively on committees. • Ability to train, evaluate and supervise staff. • Ability to read and edit HTML. • Ability to work independent as well as on a team. • Ability to interact with students, TCU administration and staff.

TCU Core Competencies:

University Core Competencies definitions may be found on the Human Resources website and in the staff performance management system.

Physical Requirements (With or Without Accommodations):

• Visual acuity to read information from computer screens, forms and other printed materials and information. • Able to speak (enunciate) clearly in conversation and general communication. • Hearing ability for verbal communication/conversation/responses via telephone, telephone systems, and face-to-face interactions. • Manual dexterity for typing, writing, standing and reaching, flexibility, body movement for bending, crouching, walking, kneeling and prolonged sitting. • Lifting and moving objects and equipment up to 10 lbs.

Work Environment:

• Work is indoors and sedentary and is subject to schedule changes and/or variable work hours. • This role is an on campus, in-person position. • There are no harmful environmental conditions present for this job. • The noise level in this work environment is usually moderate.

AA/EEO Statement:

As an AA/EEO employer, TCU recruits, hires, and promotes qualified persons in all job classifications without regard to age, race, color, religion, sex, sexual orientation, gender, gender identity, gender expression, national origin, ethnic origin, disability, genetic information, covered veteran status, or any other basis protected by law. 

TCU Annual Security Report & Fire Safety Report Notice of Availability

Texas Christian University is committed to assisting all members of the campus community in providing for their own safety and security. TCU’s Annual Security Report and Fire Safety Report is published in compliance with the Jeanne Clery Disclosure of Campus Security Policy & Campus Crime Statistics Act (Clery Act) and the Higher Education Opportunity Act. This report includes statistics for the previous three calendar years concerning reported crimes that occurred on campus, in certain off-campus buildings owned or controlled by the University, and on public property within, or immediately adjacent to and accessible from the campus. The statements of policy contained within this report address institutional policies, procedures, and programs concerning campus security, alcohol and drug use, crime prevention, the reporting of crimes, emergency notifications and timely warning of crimes, sexual and interpersonal violence, and personal safety at TCU. Additionally, this report outlines fire safety systems, policies and procedures for on-campus housing facilities, as well as residence hall fire statistics. 

The Annual Security Report and Fire Safety Report can be found on the TCU Police Department website at https://police.tcu.edu/annual-security-report , or a paper copy of the report may be obtained by contacting the TCU Police Department at 817-257-7930, or via email at [email protected] .

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What does the job market look like for the class of 2024?

With graduation season in full swing, economists and hiring experts say graduates are entering into a positive but slower job market compared to recent years. The overall economy and job market are stable but has lost some momentum since the U.S. reopened after the pandemic, they say.

“For anyone going into the job market now, whether it be a recent graduate or someone who has not been in the job market for a while and is reentering, it’s a good time, but that doesn’t mean it’s perfect,” said Andrew Woods, director of the Center for Business and Economic Research at UNLV.

Woods said the current job market is well suited for entry-level jobs both for people with college and technical degrees as well as high school graduates, but it’s a tougher situation for those looking to get into high-wage and premium benefit positions.

“Getting a job is not so much of a question,” Woods said. “Certainly for any college grads, it’s probably more of a question of, what is the job, what’s the pay and what’s the career opportunities?”

Nevada’s unemployment rate is currently 5.1 percent, the third highest in the nation behind Washington D.C. and California, according to the U.S. Bureau of Labor Statistics.

Read the full article.

Articles on Federal budget 2024

Displaying 1 - 20 of 27 articles.

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Megan C Evans , UNSW Sydney ; Brendan Wintle , The University of Melbourne , and Hugh Possingham , The University of Queensland

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Marnee Shay , The University of Queensland and Grace Sarra , Queensland University of Technology

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At the heart of the budget is the sad truth the economy is weak. That’s one reason inflation will fall

Aruna Sathanapally , Grattan Institute

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It’s time to give Labor’s first term a scorecard – have we actually seen any transformative vision?

John Quiggin , The University of Queensland

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PrEP was earmarked $26m in the budget. What is it? Will it stop me getting HIV?

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Choice and control: what can the ACCC do to stop NDIS price gouging and reduce costs?

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The budget couldn’t include every ‘good idea’ but not boosting JobSeeker and the Youth Allowance were obvious misses

Cassandra Goldie , UNSW Sydney

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Funding might change, but Job-ready Graduates stays for now. What does the budget fine print say about higher education?

Gwilym Croucher , The University of Melbourne

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The budget is full of good news, but good news isn’t the same as good management

Kate Griffiths , Grattan Institute

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Why is the government proposing caps on international students and how did we get here?

Christopher Ziguras , The University of Melbourne

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For a ‘future made in Australia’, we need more innovation and diverse people in science and tech

Kylie Walker , Australian National University

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Cheaper medicines and a new approach for mental health care. Will the budget make us healthier?

Peter Breadon , Grattan Institute and Anika Stobart , Grattan Institute

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Green industry yes, conservation no: a budget for people, not for nature

Timothy Neal , UNSW Sydney

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At a glance: the 2024 federal budget split four ways

Matt Garrow , The Conversation and Erin Cooper-Douglas , The Conversation

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View from The Hill: What the Reserve Bank thinks of Chalmers’ budget will be nearly as important as the voters’ opinion

Michelle Grattan , University of Canberra

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Budget 2024: Chalmers fights inflation, will it be enough for a rate cut?

John Hawkins , University of Canberra

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Relief on energy bills for all in a federal budget that bets on lower inflation

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Chalmers is bitten by the giveaway bug in a budget that contains good news for almost everyone

Stephen Bartos , University of Canberra

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Scrapping the waste export levy threatens Australia’s emerging lithium battery recycling industry

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Money blog: Gary Neville's hotel named among best places for hospitality jobs

A magazine has released its annual list detailing the top picks for hospitality jobs. Read about this and all the latest consumer and personal finance news in the Money blog - and leave a comment or your money problem in the box below.

Friday 17 May 2024 19:16, UK

  • 'Good news' as major drop in household energy bills predicted
  • 'Seismic shift' as number of bank branch closures passes 6,000
  • The 'top places to work' in hospitality - including Gary Neville's hotel
  • New Greggs stores to open in these locations
  • Drivers hit by 'unfairly high margins' on fuel

Essential reads

  • Lowest buy-to-let mortgage rates revealed
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  • The rise of Michelin starred 'fast food'
  • Basically...  What is PIP - and what could government changes mean?
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  • Cheap Eats:  Michelin-star chef reveals his top steals in London - including an unbeatable sub sandwich
  • Money Problem: My workplace wants to pay us by the minute - what can I do?
  • Best of the Money blog - an archive

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The Body Shop’s administrators are to launch an auction of the chain after concluding that an alternative restructuring of one of Britain’s best-known high street retailers was not viable.

Sky News has learnt that FRP Advisory, which has been overseeing the collapsed business since January, is to begin formally sounding out potential buyers in the coming weeks.

The move raises the prospect of new owners taking control of The Body Shop, which was founded nearly half a century ago.

Read more here ...

The UK's mega rich are dwindling - in a sign Britain's "billionaire boom has come to an end", according to the latest Sunday Times Rich List.

Published today, the list reveals the largest fall in billionaires in the guide's history - from a peak of 177 in 2022 to 165 this year.

While the combined wealth of the list's 350 wealthiest individuals amounts to more than £795bn - larger than the GDP of Poland - the guide's compiler says time will tell what impact a drop in billionaires could have.

"This year's Sunday Times Rich List suggests Britain's billionaire boom has come to an end," Robert Watts said.

"Many of our home-grown entrepreneurs have seen their fortunes fall and some of the global super rich who came here are moving away."

Top of the list is British-Indian businessman Gopi Hinduja and his family, whose wealth of £37.2bn is the largest fortune in the ranking's history.

But other familiar names in the list saw their riches fall, with Sir Richard Branson's total dropping by £2.4bn, which is back to his 2000 level.

Last year's top climber Sir Jim Ratcliffe, who bought a stake in Manchester United this year, fell two positions with a decline of £6.1bn.

Euan Blair, Tony Blair's eldest son, made the list for the first time, as did Sir Lewis Hamilton.

It comes as the UK continues to deal with a cost-of-living crisis, with new figures this week revealing a record 3.1 million food bank parcels were distributed over the course of a year.

The top 10:

  • Gopi Hinduja - £37.2bn
  • Sir Leonard Blavtanik - £29.2bn
  • David and Simon Reuben and family - £24.9bn
  • Sir Jim Ratcliffe - £23.5bn
  • Sir James Dyson and family - £20.8bn
  • Barnaby and Merlin Swire and family - £17.2bn
  • Idan Ofer - £14.9bn
  • Lakshmi Mittal and family - £14.9bn
  • Guy, George, Alannah and Galen Weston and family - £14.4bn
  • John Fredriksen and family - £12.8bn

A group of social media influencers have been charged in relation to promoting an unauthorised investment scheme.

The Only Way Is Essex (TOWIE) original cast member Lauren Goodger, 37, former Love Island star Biggs Chris, 32, and Celebrity Big Brother winner Scott Timlin, 36, also known as Scotty T, are among seven TV personalities alleged to have been paid to promote the scheme to their combined 4.5 million Instagram followers.

The others charged by the Financial Conduct Authority (FCA) include former Love Islanders Rebecca Gormley, 26, Jamie Clayton, 32, and Eva Zapico, 25 and TOWIE member Yazmin Oukhellou, 30.

The UK's financial watchdog brought the charges in a crackdown on "finfluencers" who use their online platforms to offer advice and information on various financial topics.

It alleges that between 19 May 2018 and 13 April 2021 Emmanuel Nwanze, 30, and Holly Thompson, 33, used an Instagram account to provide advice on buying and selling investments known as contracts for difference (CFDs) when they were not authorised to do so.

The watchdog said CFDs were high-risk investments used to bet on the price of an asset, in this case the price of foreign currencies.

It previously warned that 80% of customers lost money when investing in CDFs.

Mr Nwanze has been charged with running the scheme. He faces one count of breaching the general prohibition of the Financial Services and Markets Act 2000, and one count of unauthorised communications of financial promotions.

Ms Thompson, Mr Chris, Mr Clayton, Ms Goodger, Ms Gormley, Ms Oukhellou, Mr Timlin and Ms Zapico each face one count of unauthorised communications of financial promotions.

All nine will appear at Westminster Magistrates Court on 13 June.

The FCA asked anyone who believed they had sustained a loss due to the scheme to contact its consumer contact centre.

A hotel part-owned by Gary Neville and other ex-Manchester United legends has been named one of the best places to work in hospitality. 

Each year, The Caterer releases its top 30 best places for employees in the sector, with the top six featuring some familiar names.

The list is compiled via anonymous employee survey - with no input from managers or owners. 

Hotel Football, the only hotel with a rooftop five-a-side pitch, was among the top six venues selected by employees across the UK. 

The hotel's benefits package was particularly well-praised by those who work there - given that it "prioritises the financial wellbeing of employees during the cost of living challenge".

Management at the hotel, which is situated next to Manchester United's Old Trafford stadium, was also praised for enhanced maternity, paternity, parental and adoption leave policies and a strong belief in diversity and inclusion. 

The other five to make up the top six are The Biltmore in Mayfair, Cycas Hospitality (which has 18 locations across the UK), Dalata (which boasts some 1,000 employees), Gleneagles Hotel in Edinburgh and Nobu Hotel in Shoreditch, London. 

The energy price cap is set to fall by about 7% in July, a leading thinktank has said. 

Cornwall Insights said: "For a typical dual fuel household, we predict the July price cap to be £1,574 per annum" - a drop from £1,690.

Looking further ahead, it forecasted the cap to rise again slightly in October, before falling again in January next year. 

Reacting to the news, Uswitch said the predicted drop was "clearly good news". 

"The future still remains uncertain, and with the price cap changing every three months – currently expected to rise in October before falling slightly in January –  it's crucial not to be complacent," Richard Neudegg, director of regulation, said. 

However, "a predicted 7% drop in energy prices in July is clearly good news, with the price cap looking likely to hit its lowest level in over two years", he said. 

He also urged  households who want to lock in rates for price certainty to run a comparison to see what energy tariffs are available to them.

"There are many 12-month fixed tariffs available at rates cheaper than the current price cap, and even some that are 2% below these new predicted July rates," he said. 

Cristiano Ronaldo has topped Forbes' list of highest-paid athletes for the fourth time in his career.

Ronaldo became the world's highest-paid athlete after his move to Saudi Arabian side Al Nassr and Forbes said the 39-year-old's estimated total earnings were around $260m (£205m) - an all-time high for a football player.

His on-field earnings amounted to $200m (£158m) while off-field he earned $60m (£47m) thanks to sponsorship deals where brands make use of his 629 million Instagram followers.

Spanish golfer Jon Rahm took second place following his switch to Saudi-backed LIV Golf.

Rahm earned $218m (£172m) and joins Ronaldo as the only two athletes to earn over $200m.

Third on the list is record eight-time Ballon d'Or winner Lionel Messi, who switched to Major League Soccer team Inter Miami, which helped the Argentine World Cup winner earn $135m (£107m).

The 36-year-old earned $65m (£51m) in on-field earnings but $70m (£55m) off it from deals with major sponsors such as Adidas and Apple.

Los Angeles Lakers forward LeBron James came in fourth at $128m (£101m), while fellow NBA star Giannis Antetokounmpo of the Milwaukee Bucks made fifth with $111m (£88m).

France football captain Kylian Mbappe dropped down to sixth with $110m (£87m).

French striker Karim Benzema, who also moved to Saudi Arabia, is eighth on the list with $106m (£84m), followed by Golden State Warriors guard Stephen Curry with $102m (£80m).

Lamar Jackson is the only NFL player on the list, in 10th place with $101m (£80m), thanks to the signing bonus negotiated into his new Baltimore Ravens contract last year.

The number of new pupils joining private schools has fallen by  2.7% since last year, according to the latest figures.

Data from the Independent Schools Council (ISC) shows families are now paying more than £18,000 a year on average to send their children to private school.

This is an 8% rise in school fees for the 2023-2024 academic year compared with the year before.

But as fees soar, figures show a 2.7% drop in the number of new pupil applications - this is the biggest fall since the ISC started collecting data in 2011.

Every Friday we get an overview of the mortgage market with independent experts from  Moneyfactscompare.co.uk . Today, finance expert Rachel Springall outlines what's been happening within the buy-to-let market…

A handful of lenders moved to tweak the fixed rates they charge on buy-to-let mortgages over the past week. 

Paragon Bank launched some new "portfolio" and "green" fixed mortgages, and Aldermore pulled its limited edition five-year fixed rates, max 65% loan-to-value. 

Buckinghamshire Building Society also launched new deals onto the market, and Claire Askham, head of mortgage sales said: "The decision to increase our BTL lending to 80% represents a positive move for the sector as we continue to see landlords appraising their portfolios through divesting, refinancing and taking advantage of a variety of property-related opportunities as they arise."

Week on week, there has been minor moves to the overall average fixed buy-to-let rates, with the two-year remaining unchanged at 5.62% and the five-year falling by 0.02% to 5.59%.

This week the lowest two-year fix for buy-to-let customers at 75% loan-to-value comes from Metro Bank, priced at 4.19%, which charges a percentage booking fee of 5.00% of the mortgage advance and is available to second-time buyers and remortgage customers borrowing a maximum of £2m. 

There is another option from the same lender which carries an incentive package just for remortgage customers, but it has a lower maximum advance of £1.5m.

If you are looking to borrow more, then Suffolk Building Society has the lowest two-year fix for buy-to-let customers at 80% loan-to-value priced at 4.79% for second-time buyers and remortgage customers. 

The deal charges a percentage completion fee of 3.00% of the mortgage advance as well as a flat £199 booking fee.

Remortgage customers will receive a free valuation and free legal fees incentive.

A five-year fixed buy-to-let mortgage may be more appealing for you to guarantee your monthly repayments for longer. 

If you looking to borrow at 75% loan-to-value, HSBC has a deal for remortgage customers priced at 4.33%, which carries a free valuation and free legal fees incentive package but charges a flat £3,999 product fee.

If you are looking to borrow more, then Furness Building Society has the lowest five-year fixed buy-to-let deal at 80% loan-to-value priced at 5.39% for second-time buyers and remortgage customers. It charges a booking fee of £995 and includes an £250 cashback incentive. 

Remortgage customers will also receive a free valuation. This deal also happens to be a Best Buy for a five-year fixed deal at 80% loan-to-value.

Best Buy alternatives

The lowest buy-to-let rates may carry both a flat product fee and an arrangement fee which is based on a percentage of the mortgage advance, so a Best Buy package may be more suitable if you are looking to save on the upfront cost of any deal. 

You might also want a deal to cover a valuation or legal fees. A Best Buy buy-to-let mortgage could be the most cost-effective choice in this instance, but it's worth seeking advice before entering any arrangement.

This week the top packages on a two-year fixed buy-to-let deal at 75% loan-to-value comes from HSBC, priced at 4.69%, which comes with a free valuation and charges a £3,999 product fee and is available to second-time buyers. 

If you want a loan with a lower upfront fee, then HSBC also has a Best Buy deal priced at 4.94% at 75% loan-to-value, which carries a free valuation and charges a £1,999 product fee and is available to second-time buyers.

If you are looking to borrow more, then Furness Building Society has a Best Buy two-year fixed buy-to-let deal priced at 5.73% at 80% loan-to-value for second-time buyers and remortgage customers. It charges a fee of £995 and includes a £250 cashback incentive. Remortgage customers will also receive a free valuation.

A five-year fixed buy-to-let mortgage may be more appealing for you to guarantee your monthly repayments for longer. If you looking to borrow at 75% loan-to-value, HSBC has a Best Buy deal priced at 4.39%, which carries a free valuation and charges a £3,999 product fee. 

If you want a loan with a lower upfront fee, then HSBC also has a Best Buy deal priced at 4.64% at 75% loan-to-value, which carries a free valuation and charges a £1,999 product fee.

If you are looking to borrow more, then Furness Building Society has a Best Buy five-year fixed buy-to-let deal priced at 5.39% at 80% loan-to-value for second-time buyers and remortgage customers. 

It charges a booking fee of £995 and includes an £250 cashback incentive. Remortgage customers will also receive a free valuation. This deal also happens to be the lowest rate on a five-year fixed deal at 80% loan-to-value.

By James Sillars , business reporter

A lack of strong corporate updates did for the FTSE 100 on Thursday.

A flat end to the day has been followed by a flat end to the week, with the index falling almost 0.1% to 8,433 in early deals on Friday.

Very little around for investors to ponder.

Developments this morning included pharmaceutical firm GSK saying it had raised £1.25bn from selling its entire remaining stake in Haleon.

The consumer healthcare firm was spun out of GSK almost two years ago.

One other announcement of note came from Sainsbury's.

It revealed a five-year strategic partnership with Microsoft that will see generative AI used to boost personalised shopping experiences for consumers, improve search functions and make staff working practices more efficient.

The financial terms were not disclosed. Its shares were 0.4% higher.

Away from the equity markets, it's worth taking a quick look at how oil is finishing the week.

Brent crude is trading above $83 a barrel on evidence of rising demand.

Prices at these levels should not have an impact at the fuel pumps but small recent declines in average costs could be reversed if the upwards oil price trend continues.

Greggs will open eight stores in the next few weeks, as the company continues its expansion plans 

The bakery said it would open a total of 180 new branches before the end of this year. 

We were told earlier this year that the famous sausage roll-seller would open new stores in London, Cambridge and Sale, but Greggs has now revealed where its next eight new branches will be. 

Here are the locations of the eight new sights, revealed by the bakery to The Sun:

  • Saffron Walden, Market Place, England
  • Bangor, Carnarfon Road, Wales
  • Birmingham Prime Park, England
  • Brierley Hill, Merryhill, England
  • Consett Delves Lane Drive Thru, County Durham, England
  • Edinburgh, 60-61 Seafield Road, Scotland
  • Glasgow, Argyle St, Scotland
  • Porth, U3C Geilligron IE, Wales

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