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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 GDP falls by ‘worse than expected’ 0.5% in July

The UK economy shrunk by a “worse than expected” 0.5% in July as poor weather and industrial…

UK economy grows by 0.2% in Q2

The UK economy has grown faster than expected in the three months to June, new figures from…

UK economy shrinks in May

The UK economy contracted by 0.1% in May as output was negatively affected by the King’s…

BoE at risk of ‘overdoing’ interest rate hikes, ICAEW warns

The ICAEW has warned that the Bank of England (BoE) is at risk of “overdoing” interest rate…

UK economy shrinks 0.3% in March

Monthly real gross domestic product (GDP) is estimated to have fallen by 0.3% in March 2023,…

BoE raises interest rate for 12th time to 4.5%

The Bank of England (BoE) has raised interest rates for the 12th consecutive time to 4.5%,…

UK economy flatlines in Feb

Real gross domestic product (GDP) is estimated to have shown no growth in February 2023,…

UK economy avoids recession amid 0.1% growth

The UK economy narrowly avoided a recession during the fourth quarter (Oct-Dec) as UK GDP…

BoE raises interest rates to 4.25%

The Bank of England (BoE) has announced that interest rates will be raised by 0.25% to…

UK GDP grows by 0.3% in January

Monthly gross domestic product (GDP) is estimated to have increased by a narrow 0.3% in…
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