Accounting industry revenues rise 9% in January

Accounting industry revenues have increased by 9% in January to £3.95bn, from £3.57bn in December, according to Office for National Statistics (ONS) data released today (13 March). 

While the performance was 3.8% higher than the £3.81bn average monthly revenue recorded for the sector last year, the figures represent a 4.8% decrease compared with January 2025.

It comes as revenues in the broader services sector fell 5.5% month-on-month. The overall economy recorded no growth in January following a 0.1% rise in December, as the services sector flatlined.

Julie Matheson, accounting industry regulatory partner at Kingsley Napley, said: “Today’s figures are positive and show the sector has bounced back after a slow December, perhaps due to bumper activity in January for tax year end deadlines.

“The figures are also encouraging compared to the average monthly performance last year. However, the overall UK economy is clearly fragile with an uncertain economic outlook only exacerbated by recent events in the Middle East.”

She added: “Firm leaders must therefore plan carefully for potential inflation and subdued client activity in H1 2026.”