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Today’s news in brief – 25/4/2024

ICAEW’s Business Monitor has revealed UK business confidence triples in Q1 2024, surpassing pre-pandemic levels. Despite this, hesitancy in investment persists, threatening economic recovery. Capital investment rose modestly to 2.3%, but future investment intentions remain below historical averages. Concerns about regulations increase, while worries about bank charges decrease.

Shaw Gibbs has merged with Martin and Company, enhancing expertise in farming, landed estates, and private clients. The merger underscores Shaw Gibbs’ commitment to client service and regional expansion. This marks Shaw Gibbs’ sixth merger since 2023, strengthening its position in the market.

BDO has appointed three new partners: Melissa Bruno in People Advisory, Andrew Clewer in audit quality improvement, and Daniel Quiligotti in asset management. These appointments demonstrate BDO’s commitment to diverse expertise and quality service for businesses.

PKF Smith Cooper has appointed Claire Spencer as corporate finance partner, bringing 25 years of mid-market transaction experience. Spencer’s expertise will enhance PKF’s presence in the Midlands and the UK, aligning with the firm’s growth strategy.

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