Economy
UK inflation falls to two-year low of 3.9%
Wednesday, 20 December 2023, 9:59
UK inflation falls to two-year low of 3.9%
UK inflation has fallen to 3.9% in the year to November, the lowest level seen in two years, according to…
Industry reacts: Accountants welcome NI cut despite fiscal drag concerns
Thursday, 23 November 2023, 11:58
Industry reacts: Accountants welcome NI cut despite fiscal drag concerns
The accountancy sector has primarily welcomed plans to make full expensing permanent for businesses as well as a 2% cut…
Lower energy prices sees inflation drop to 4.6%
Wednesday, 15 November 2023, 11:17
Lower energy prices sees inflation drop to 4.6%
UK Inflation slowed sharply to 4.6% in October, beating economists expectations, thanks to a marked reduction in energy prices. According…
UK economy to grow by around 0.5% in 2023 and 2024, PwC finds
Friday, 10 November 2023, 11:21
UK economy to grow by around 0.5% in 2023 and 2024, PwC finds
The UK economy is expected to grow by around 0.5% in 2023 and 2024, and is likely to avoid recession,…
UK economy stagnates in Q3
Friday, 10 November 2023, 10:54
UK economy stagnates in Q3
UK GDP has shown no growth in July-September (Q3) compared with an increase of 0.2% in the previous quarter, according…
Western Europe sees decline in economic confidence in Q3
Friday, 27 October 2023, 13:00
Western Europe sees decline in economic confidence in Q3
Economic confidence in Western Europe has sharply fallen in Q3 and is almost 20 points below its recent peak in…
IHT receipts hit £3.9bn
Monday, 23 October 2023, 11:15
IHT receipts hit £3.9bn
Inheritance tax receipts for April to September 2023 reached £3.9bn, according to new data published by HMRC – £0.4bn more…
Inflation remains at 6.7% despite fall in food prices
Wednesday, 18 October 2023, 10:42
Inflation remains at 6.7% despite fall in food prices
Inflation remained unchanged at 6.7% in September as a fall in food prices was offset by an increase in the…
UK economy improves slightly in August
Thursday, 12 October 2023, 11:09
UK economy improves slightly in August
The UK economy is estimated to have grown by 0.2% in August 2023, following a fall of 0.6% in July…
HMRC increased compliance staff by 3,000, Price Bailey finds
Monday, 25 September 2023, 10:26
HMRC increased compliance staff by 3,000, Price Bailey finds
HMRC has increased the number of compliance staff by over 3,000 in the past year alone in a bid to…