Economy
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…
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…