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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 sends 8,329 ‘nudge’ letters to crypto investors for owed tax

HMRC has sent a total of 8,329 “nudge” letters to individuals suspected of owing tax on…

CIMA calls for productivity focus in UK’s March budget

The Chartered Institute of Management Accountants (CIMA) has called on the government to use…

Next Gov’t ‘must solve productivity problem’, ICAEW warns

The next government must come up with a new plan to “boost economic resilience, end weak…

UK M&A activity falls by almost a fifth in 2023

Merger and acquisition activity in the UK fell by almost a fifth in 2023 according to data from PwC.

Accountancy vacancies see 40.8% drop in January

Hiring across accountancy was down 40.8% on the five-year average between 2019/23, new data…

Global economy to face slow growth in 2024, says ACCA

The global economy in 2024 is set to grow slowly and geopolitical risks remain high, a new…

Insolvency Service criminal prosecutions drop 42%, Mazars finds

The number of criminal prosecutions of directors following investigations by the Insolvency…

HMRC opened 1,091 serious tax investigations in 2023

HMRC has opened 1,091 serious tax investigations in the last year to March 31 2023,…

Inflation unexpectedly rises in December

Inflation unexpectedly increased to 4% in December off the back of rises in fuel and tobacco prices.

UK economy rebounds in Nov

The UK economy rebounded in November as monthly GDP increased 0.3% off the back on a 0.3%…
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