Economy
UK M&A activity falls by almost a fifth in 2023
Wednesday, 7 February 2024, 10:28
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. In…
Accountancy vacancies see 40.8% drop in January
Tuesday, 6 February 2024, 16:17
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 from Vacancysoft and Robert Walters has…
Global economy to face slow growth in 2024, says ACCA
Wednesday, 31 January 2024, 15:11
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 report by ACCA…
Insolvency Service criminal prosecutions drop 42%, Mazars finds
Wednesday, 31 January 2024, 14:55
Insolvency Service criminal prosecutions drop 42%, Mazars finds
The number of criminal prosecutions of directors following investigations by the Insolvency Service has dropped by 42% in the year…
HMRC opened 1,091 serious tax investigations in 2023
Monday, 29 January 2024, 16:47
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, according to multinational law firm…
Inflation unexpectedly rises in December
Wednesday, 17 January 2024, 10:55
Inflation unexpectedly rises in December
Inflation unexpectedly increased to 4% in December off the back of rises in fuel and tobacco prices. According to the…
UK economy rebounds in Nov
Friday, 12 January 2024, 10:52
UK economy rebounds in Nov
The UK economy rebounded in November as monthly GDP increased 0.3% off the back on a 0.3% fall in October,…
HMRC tax penalties rise 25% in a year, UHY finds
Wednesday, 10 January 2024, 11:04
HMRC tax penalties rise 25% in a year, UHY finds
The value of HMRC tax penalties has increased by 25% in the last year from £681m to £851m, the highest…
HMRC further restricts Agent Dedicated Line without informing ATT
Tuesday, 2 January 2024, 10:00
HMRC further restricts Agent Dedicated Line without informing ATT
HMRC has announced further limitations on issues agents can call the Agent Dedicated Line (ADL) without pre-warning the Association of…
IHT receipts hit £5.2bn in eight-month window
Thursday, 21 December 2023, 10:31
IHT receipts hit £5.2bn in eight-month window
Inheritance tax receipts increased to £5.2bn in the eight months from April to November 2023, spelling a £400m increase from…