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Quantuma completes sale of Fairoak Foods to protect 60 jobs

Quantuma completes sale of Fairoak Foods to protect 60 jobs

Menzies achieves B Corp certification for social and environmental impact

Menzies achieves B Corp certification for social and environmental impact

FRC fines BDO £1.3m over NMCN accounting failures

FRC fines BDO £1.3m over NMCN accounting failures

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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.

Energy bills push inflation to 2.3% in October

The rising cost of energy has pushed inflation up to 2.3% in October, above consensus…

UK economy stagnates in three months to September

UK gross domestic product (GDP) is estimated to have stagnated during the third quarter of…

Bank of England cuts interest rates to 4.75%

The Bank of England has cut interest rates for the second time this year, with rates now cut…

Budget: Increases to employers’ NI and minimum wage

The Chancellor Rachel Reeves has increased employers’ national insurance contributions in a…

EY downgrades growth expectations for UK economy in 2024

The UK economy is now expected to grow by only 0.9% in 2024, down from the 1.1% growth…

Less than 1 in 5 accountants positive about UK economy

Only 14% of accountants have a positive view of the UK economy, according to a new survey…

Inflation falls to lowest rate in over three years

UK inflation fell to 1.7% in September, down from 2.2% in August, marking the lowest rate in…

Accounting industry ‘fails to keep pace’ in August as revenues fall 8.7%

Revenues in the UK accounting industry fell by 8.7% to £3.43bn in August, according to the…

HMRC chief Jim Harra to step down

HMRC chief Jim Harra has announced that he is stepping down from the role in the spring.  In…

Majority of financial bosses bracing for Budget impact, KPMG says

Three quarters of financial services leaders are preparing for the Chancellor’s upcoming…
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