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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.

Inflation jumps more than expected to 3.8%

Inflation rose more than expected in July, rising to 3.8%, the highest rate in 18 months. 

UK fintech investment down 5% YOY to $7.2bn

Total UK fintech investment hit $7.2bn (£5.31bn) in the first half of 2025, down 5% from the…

UK quarterly GDP beats expectations despite slowdown

UK GDP grew 0.3% in the three months to June, behind the 0.7% it grew in the first quarter,…

BoE cuts interest rates to 4%  

The Bank of England (BoE) has cut interest rates to 4%, down from the previous rate of…

Number of estates paying IHT rises 13% ahead of reforms

The number of estates liable to pay inheritance tax rose by 13% in 2022–23 compared with the…

EY upgrades growth forecast but warns of weak investment and uncertainty

The EY ITEM Club has upgraded its forecast for UK gross domestic product (GDP) growth in…

ICAS ‘frustrated’ by further delays to audit reform bill

The Institute of Chartered Accountants of Scotland (ICAS) has said it is “frustrated” by the…

Inflation jumps to 18-month high of 3.6% in June

Inflation unexpectedly increased to a near 18-month high of 3.6% in June, driven by the…

‘No excuse’ for further regulation reform delays, ICAS warns

The Institute of Chartered Accountants of Scotland (ICAS) has warned that there is “no…

Economy unexpectedly shrinks 0.1% in May

Monthly real gross domestic product (GDP) unexpectedly fell 0.1% in May 2025, following an…
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