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Quantuma completes sale of Fairoak Foods to protect 60 jobs

Quantuma completes sale of Fairoak Foods to protect 60 jobs

Menzies achieves B Corp certification for social and environmental impact

Menzies achieves B Corp certification for social and environmental impact

FRC fines BDO £1.3m over NMCN accounting failures

FRC fines BDO £1.3m over NMCN accounting failures

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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.

PCS welcomes chancellor’s promise to recruit 5,000 HMRC staff

The Public and Commercial Services Union (PCS) has welcomed chancellor Rachel Reeves’…

Electronic invoicing and tax avoiders on chancellor’s agenda

New chancellor Rachel Reeves has revealed that she wants to add 5000 new officers to HMRC in…

BoE holds interest rates at 5%

The Bank of England (BoE) has decided to hold interest rates at 5% this month, having…

Inflation holds steady at 2.2% in August

The rate of inflation remained steady at 2.2% in August, unchanged since July, yet is still…

UK economy stagnates for second consecutive month

The UK economy experienced no growth for the second consecutive month in July,…

Budget attack on IHT ‘could harm the economy’, Hurst says

Entrepreneurs could be driven away from the UK if the Labour government “attacks business…

HMRC tax reliefs to creative industries rise by 16% to £2.2bn

HMRC paid out £2.2bn to creative industries through tax reliefs in the year ended 31 March…

‘Record’ number of tax penalties overturned on appeal amid helpline delays

The number of penalties issued by HMRC for late payment of tax or late filing of tax returns…

Inflation rises to 2.2% due to energy prices

Inflation increased for the first time this year in July, as energy prices fell less than…

Economy shows ‘promising signs’ as output hits two-year high

The UK economy showed signs of growth in July, amid a boost in manufacturing production and…
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