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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.

HMRC issues nudge letters to crypto owners over unpaid tax

HMRC has started to issue nudge letters to crypto owners who are suspected of failing to pay…

SMEs targeted by HMRC crackdown on National Minimum Wage non-compliance

Small and medium-sized businesses (SMEs) in 11 UK regions are being targeted as part of an…

BoE cuts interest rates for first time in 4 years 

The Bank of England (BoE) has cut interest rates for the first time in four years, with the…

CIPFA welcomes govt decision to reintroduce spending plans

The Chartered Institute of Public Finance and Accountancy (CIPFA) has welcomed the…

CIPFA echoes NAO’s call for urgent NHS financial reforms

The Chartered Institute of Public Finance and Accountancy (CIPFA) has backed calls from the…

Accountants’ adoption of AI could add £2bn to GDP, study finds

The accounting industry is on the brink of significant transformation as widespread AI…

UK economy to grow 1.1% in 2024, EY finds

UK GDP is predicted to grow by 1.1% this year, faster than previous expectations, after the…

Inheritance tax receipts hit £2.1bn in Q2

HMRC data has revealed that inheritance tax receipts for the period between April and June…

Starmer vows to ‘make work pay’ in King’s Speech

The new Labour government has outlined its main goals for the new parliament as part of the…

Inflation holds steady in June despite rise in hotel prices

Inflation remained steady at 2% in June despite a strong rise in hotel prices during the…
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