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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.

UK economy to grow 1.1% in 2024, EY finds

UK GDP is predicted to grow by 1.1% this year, faster than previous expectations, after the…

UK economy beats expectations as GDP jumps 0.4%

UK gross domestic product (GDP) beat expectations in May, increasing 0.4%, as a result of…

ForrestBrown reveals election wish list for R&D tax relief

Specialist R&D tax adviser ForrestBrown has shared its wish list for the next government…

Azets unveils new property tax team in South Wales

Azets has announced the formation of a new property tax team in South Wales.

AICPA and CIMA urge next govt to solve productivity crisis

AICPA and CIMA have set out a suite of policies which, if enacted by the new government…

BoE holds interest rates for 7th consecutive month

Interest rates have remained unchanged at 5.25% for the seventh consecutive month, the Bank…

Grant Thornton joins Stronger Together Leeds City Region Network

Grant Thornton is the latest professional firm to join Stronger Together Leeds City Region Network.

ICAEW urges gov to focus on UK resilience ahead of general election

ICAEW is calling on political parties to adopt tangible measures that will boost…

UK economy exits recession

The UK economy is no longer in recession after it grew by 0.6% between January and March…

Ways to elevate your R&D tax offering

The UK’s government’s net expenditure on research and development (R&D) – excluding the…
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