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.

CFOs start the new year in positive spirits, Deloitte finds

CFOs of the UK’s largest firms are optimistic about prospects for their own businesses as…

PwC predicts UK inflation to near 2% in 2024

PwC has predicted that headline inflation will come close to hitting the Bank of England’s…

UK economy remains ‘weak and vulnerable to shocks’, KPMG says

The UK economy has performed better than expected this year, but the outlook remains “weak…

Albert Goodman urges chancellor to boost R&D tax relief for tech companies

South West-based accountancy firm Albert Goodman has called on chancellor Jeremy Hunt to…

UK economy stagnates in Q3

UK GDP has shown no growth in July-September (Q3) compared with an increase of 0.2% in the…

UK economy improves slightly in August

The UK economy is estimated to have grown by 0.2% in August 2023, following a fall of 0.6%…

BDO’s Employment Index falls for third consecutive month

The BDO Employment Index recorded its weakest reading in nearly a decade, falling for the…

UK economy set to slow in H2, KPMG warns

The UK economy is expected to slow over the remainder of this year and into 2024, as GDP…

Bank of England keeps interest rates unchanged at 5.25%

Following 14 straight rate rises, the Bank of England (BoE) has kept interest rates…

Insolvencies climb 19% year-on-year in August

The number of registered company insolvencies in August increased by 19% to 2,308 from 1,941…
Secret Link