Popular now
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

Topic Hub

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.

UK business output and confidence rises in April, BDO finds

UK business output and confidence rose in April despite ongoing inflationary pressures and…

UK economy exits recession

The UK economy is no longer in recession after it grew by 0.6% between January and March…

HMRC error could affect self-employed workers, LITRG warns

An HMRC error could mean that some low-income, self-employed workers lose out on their…

Business confidence triples in Q1, ICAEW finds

Business confidence in the UK has more than tripled in Q1 as economic conditions improve,…

Tax collected by HMRC rises by 5% to £827.7bn in 2023/24

Tax collected by HMRC in 2023-2024 has reached £827.7bn, almost 5% higher than the previous…

UK economy to accelerate in 2025, EY says

Growth is predicted throughout 2024 before accelerating in 2025 thanks to falling inflation,…

HMRC confirms 45-strong team dedicated to IR35 cases

HMRC’s specialist compliance team, which is focused on IR35 investigations, reportedly has a…

Inflation falls to lowest level since 2021

Inflation slowed to 3.2% in March, down from 3.4% the prior month, as inflation fell to its…

Accountancy sector revenues dip 0.5% in February

Accounting industry revenues experienced a slight fall of 0.5% to £3.9bn in February 2024…

UK economy grows for second month in a row

UK GDP increased slightly for the second month in a row, in another sign the economy is…
Secret Link