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Affinia expands Midlands presence with Towcester acquisition

Affinia expands Midlands presence with Towcester acquisition

The Uncommon Practice appoints director to lead regional growth

The Uncommon Practice appoints director to lead regional growth

Talent shortages force accountancy firms to turn away clients

Talent shortages force accountancy firms to turn away clients

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GDP

Our coverage on GDP provides accountants and financial professionals with timely analysis of the UK’s economic performance and its implications for the accountancy sector. Accountancy Today reports on quarterly and monthly GDP figures, including the 0.7% growth in Q1 2025—the strongest in a year—driven by increased household spending and manufacturing output. We also examine subsequent contractions, such as the 0.3% decline in April, and explore forecasts from the Office for Budget Responsibility and independent analysts, who anticipate growth between 1% and 1.3% for 2025. Our insights help partners, directors, and advisors understand how GDP trends influence client advisory, tax planning, and strategic decision-making within accountancy firms.

GDP

Our coverage on GDP provides accountants and financial professionals with timely analysis of the UK’s economic performance and its implications for the accountancy sector. Accountancy Today reports on quarterly and monthly GDP figures, including the 0.7% growth in Q1 2025—the strongest in a year—driven by increased household spending and manufacturing output. We also examine subsequent contractions, such as the 0.3% decline in April, and explore forecasts from the Office for Budget Responsibility and independent analysts, who anticipate growth between 1% and 1.3% for 2025. Our insights help partners, directors, and advisors understand how GDP trends influence client advisory, tax planning, and strategic decision-making within accountancy firms.

Ethics over fines: why accountants need to be on the right side of history 

According to the United Nations, between 715 billion and 1.87 trillion Euros are laundered…

UK economy shrank by 11% in 2020, largest fall in 300 years

Updated figures from the Office for National Statistics have shown that the UK economy…

UK economy contracts 0.1% in second quarter

The UK economy contracted by 0.1% in the second quarter of the year (Apr to June) 2022,…

BoE hikes rates to 1.75%, warns UK to enter recession until 2024

The Bank of England (BoE) has raised interest rates from 1.25% to 1.75%, marking the biggest…

UK GDP returns to surprise growth in May

The UK economy grew by 0.5% in May according to the latest figures from the Office For…

Cost of living crisis could lead to ‘mild recession’, KPMG warns

There is a rising risk of the UK economy falling into a “mild recession” due to the cost of…

ICAEW responds to ONS report on public sector finance

The ICAEW has warned of “economic storm clouds” over the fiscal outlook after the Office for…

BoE raises interest rates to 1.25%

The new digital economy of Ukraine: thinking in war time

It has been 13 weeks since the Russian Federation invaded Ukraine, and the initial confusion…

UK economy shrinks in March

The UK economy shrunk by 0.1% in March as consumers started to feel the bite of rising…
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