Outlook
Our coverage on Outlook provides forward-looking analysis and forecasts shaping the UK accountancy profession. Accountancy Today delivers expert commentary on economic trends, regulatory changes, market sentiment, and sector-specific challenges impacting accountants, firms, and their clients. Whether it’s budget implications, audit reform, or evolving client needs, our editorial helps partners, directors, and finance professionals anticipate risks and seize opportunities — equipping firms to plan strategically in a rapidly changing environment.
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Jul- 2025 -7 JulyBusiness
UK employment stagnates at 13-year low, BDO finds
The UK’s employment outlook remains stagnant, with the labour market stuck near its lowest level in over a decade, according to the latest Business Trends report from BDO. The Employment Index fell again in June to 94.22 from 94.32 the previous month, nearly at a 13-year low. Despite some positive…
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Jun- 2025 -24 JuneAccounting Standards
ICAS calls for bold action to secure Scotland’s public finances
Panellists at an event hosted by the Institute of Chartered Accountants of Scotland (ICAS) warned that without a coherent roadmap, efforts to secure Scotland’s economic future risk falling short. Held on 19 June, the event – Scotland’s Fiscal Future – marked 10 years of devolved taxation and brought together economists…
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18 JuneAccounting Firms
Premier Tax Solutions celebrates 10th anniversary
Premier Tax Solutions, a Staffordshire accountancy firm, has marked 10 years in business. Premier Tax Solutions was founded in 2015 by friends and business partners Vanessa Fuller and Emily Precious, who trained and worked together at one of the UK’s largest accountancy firms before launching their own venture in Hanley.…
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May- 2025 -27 MayPeople Moves
Grant Thornton appoints two to tax and transfer pricing practices
Grant Thornton UK has continued its investment in senior tax talent with the appointment of two new partners.The firm has hired Gil Oglesby to lead on its tax function transformation proposition, supporting clients with their tax technology, data, processes and people. He was previously head of Direct Tax and Transformation…
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22 MayBig Four
Deloitte to cut bonuses, promotions and pay rises amid ‘challenging year’
Deloitte has reportedly told its UK employees that it will promote fewer people, reduce the average pay rise and cut bonuses in its consulting arm, The Financial Times has reported. According to a memo sent to employees, and seen by the FT, it comes as full-year profits were “below our…
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15 MayEconomy
UK economy grows by more than expected 0.7% in Q1
The UK economy performed better than expected in the first quarter of the year, with GDP growing by 0.7% between January and March, following a 0.1% rise the prior quarter.This was ahead of analysts’ expectations, who had forecast a growth of 0.6% for the period. According to the Office for…
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14 MayPractice
Evelyn Partners launches Cash & Cautious Bond strategy for advisers
Evelyn Partners has launched a Cash and Cautious Bond strategy into the financial adviser market. The active discretionary portfolio management service will invest in a “bespoke and fully flexible” selection of liquid, high-quality and low-risk cash-adjacent securities and shorter-dated bonds with the aim of beating the returns available on cash accounts. …
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8 MayEconomy
BoE cuts interest rates to 4.25%
The Bank of England (BoE) has cut interest rates to 4.25%, down from the previous rate of 4.5%, marking the fourth rate cut since last year’s peak of 5.25%. At its meeting ending on 7 May, the bank’s monetary policy committee (MPC) voted by a majority of 5–4 to reduce the…
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8 MayCompanies
FRP Advisory revenues to hit £152m in FY25
FRP Advisory Group expects to report revenues of approximately £152m, up 19% on the prior year, as announced in a new trading update for the year ending 30 April 2025. In FY25, the group also expects an adjusted underlying EBITDA of approximately £41m, up 11% on the prior year. In…
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Apr- 2025 -25 AprilCompanies
77% of accountancy firms optimistic about future, Xero finds
Some 77% of UK accounting practices are optimistic about their future outlook, new research from Xero has revealed. Xero’s 2025 Accounting and Bookkeeping Industry Report surveyed 250 UK accountants and bookkeepers to explore the key trends shaping the sector. Despite news last year showing the number of accounting firms has…
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