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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.

Trump declares global tax rate ‘has no force or effect’ in the US

President Donald Trump declared on Monday (20 January) that the global corporate minimum tax…

UK economy narrowly returns to growth in November

The UK economy narrowly returned to growth in November as real gross domestic product (GDP)…

SMBs lose £747 every month on incorrect invoicing, Dext finds

The UK’s small and medium-sized businesses (SMBs) could be losing an average of £747 every…

Budget drives ‘dramatic’ drop in business confidence, ICAEW finds

Confidence across all UK business sectors has plunged to 0.2 for Q4 2024 as concerns over…

Inflation unexpectedly falls to 2.5% in December

The rate of Consumer Price Index inflation unexpectedly fell one percentage point to 2.5% in…

UK economy could rebound by 1.7% in 2025, KPMG finds

UK GDP could hit 1.7% in 2025 amid renewed challenges from a higher pace of inflation,…

BoE holds interest rates at 4.75%

The Bank of England (BoE) has voted to hold interest rates at 4.75%, following a recent hike…

Inflation hits eight-month high of 2.6% in November

Inflation has risen for the second month in a row, rising to 2.6% in November, up from 2.3%…

Scottish budget falls short of long-term reform, ICAS says

The Institute of Chartered Accountants of Scotland (ICAS) praised the Scottish budget for…

Tax debt hits £44.8bn, HMRC finds 

The overall tax debt in the UK has risen to £44.8bn, up from £43.3bn last quarter, according…
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