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Dr Cristian Holmes on celebrating 140 years of Caba

Dr Cristian Holmes on celebrating 140 years of Caba

EY: Most UK CFOs lack leadership role in long-term investment decisions

EY: Most UK CFOs lack leadership role in long-term investment decisions

ICAS names global rising stars competition winners

ICAS names global rising stars competition winners

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Economy

Economy analyses the wider financial and market conditions shaping the operating environment for UK accountancy firms and their clients. Covering GDP trends, inflation, interest rates, fiscal policy, and government budgets, this section connects economic developments to their impact on audit, tax, and advisory work. Accountancy Today’s Economy coverage provides data-driven insights and expert commentary to help professionals assess risks, plan strategy, and advise clients effectively in a changing marketplace.

Economy

Economy analyses the wider financial and market conditions shaping the operating environment for UK accountancy firms and their clients. Covering GDP trends, inflation, interest rates, fiscal policy, and government budgets, this section connects economic developments to their impact on audit, tax, and advisory work. Accountancy Today’s Economy coverage provides data-driven insights and expert commentary to help professionals assess risks, plan strategy, and advise clients effectively in a changing marketplace.

BoE continues to hold interest rates at 3.75% 

The bank acknowledged that the ongoing war in the Middle East ‘means that prospects for…

UK inflation remains unchanged at 3% in February

Falling motor fuel and alcohol prices offset rising costs for clothing and footwear

VOA to integrate with HMRC

The agency will be integrated into HMRC on 1 April to streamline statutory services

Spring Forecast signals stability, but accountancy bodies warn of fiscal drag

Although 2027 growth expectations remain relatively optimistic at 1.6%, KPMG cautioned that…

Inflation falls to 3% in January

Electricity prices provided a counteracting upward effect, rising by 5.3% in the year to…

UK economy grows by 0.1% in final quarter of 2025

In terms of annual growth, the ONS said GDP grew by 1.3% in 2025, up from a 1.1% rise in 2024

BoE holds interest rates at 3.75%

In December, the bank had voted to cut rates from 4% to 3.75%, the lowest the level it had…

HMRC issues £325m in fines for late tax payments

More than 600,000 taxpayers missed self-assessment deadlines last year, according to UHY

Inflation rises to 3.4% in December

Food and non-alcoholic beverages prices rose by 4.5%, with bread, cereals and vegetables the…

HMRC call waits fall but taxpayers still face 558 years on hold

Taxpayers collectively spent the equivalent of 558 years waiting for HM Revenue and Customs…
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