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Quantuma secures Leon restructure saving 530 jobs

Quantuma secures Leon restructure saving 530 jobs

Deloitte UK promotes 6,000 staff and hits record number of equity partners

Deloitte UK promotes 6,000 staff and hits record number of equity partners

S&W doubles Manchester office space with Pall Mall move

S&W doubles Manchester office space with Pall Mall move

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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.

Accounting industry revenues fall 11% in August, ONS data shows

Revenues in the accounting industry fell by 11% in August to £3.4bn, compared with £3.8bn in…

Chartered IIA calls for skills investment and audit reform in Autumn Budget

The Chartered Institute of Internal Auditors (Chartered IIA) has urged the government to use…

Mid-market productivity leads for seventh year, Grant Thornton finds

Mid-size businesses have remained the UK’s most productive firms for the seventh consecutive…

Wbg warns HMRC’s debt recovery plan could hit struggling households

Wbg has warned that HM Revenue and Customs’ (HMRC) revival of its Direct Recovery of Debts…

UK economy grows 0.3% in Q2 as services and building work lift output

UK gross domestic product grew by an unrevised 0.3% in the three months to 30 June 2025,…

HMRC nets ‘record’ £107m from landlord tax investigations

HM Revenue and Customs (HMRC) collected a “record” £107m from compliance activity targeting…

HMRC relaunches Direct Recovery of Debts scheme

HM Revenue and Customs (HMRC) has relaunched a programme allowing the direct recovery of tax…

BoE holds interest rates at 4% 

The Bank of England (BoE) has voted to hold interest rates steady at 4% amid concerns around…

Badenoch sets out pro-business agenda in ICAEW speech

Opposition leader Kemi Badenoch has called for a less risk-averse economic climate, lower…

Business rates ‘double hit’ to cost English firms £2.5bn

Businesses the length and breadth of England are “staring down the barrel” of a £2.5bn hike…
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