Popular now
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

Topic Hub

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 accelerate in 2025, EY says

Growth is predicted throughout 2024 before accelerating in 2025 thanks to falling inflation,…

UK economy grows for second month in a row

UK GDP increased slightly for the second month in a row, in another sign the economy is…

Economic uncertainty holding back SME investment, says BFS

High interest rates and political uncertainty are holding back many businesses from…

Manufacturers brace for two years of ‘anaemic’ growth, BDO finds

Britain’s manufacturers are facing the prospect of two years of “anaemic” growth, with the…

Shoppers help boost UK economy in Jan

UK GDP increased by 0.2% in January, up from a decline of 0.1% in December, as an increase…

Chancellor cuts NI by a further 2p as part of Spring Budget

Chancellor Jeremy Hunt has announced a further 2p cut to National Insurance, falling from…

Next Gov’t ‘must solve productivity problem’, ICAEW warns

The next government must come up with a new plan to “boost economic resilience, end weak…

Rising cost of borrowing could cost UK firms £25bn, EY warns

The rising cost of borrowing could lead to a £20bn to £25bn refinancing burden for UK…

Accountants contributed £98bn to UK economy in 2022, new report shows

The accountancy profession made a combined £98bn contribution to the UK and Irish economies…

UK economy rebounds in Nov

The UK economy rebounded in November as monthly GDP increased 0.3% off the back on a 0.3%…
Secret Link