Tax hikes drive UK businesses to bet on AI over new hires
AI in Accounting

Tax hikes drive UK businesses to bet on AI over new hires

1y Accountancy Age

Tax hikes drive UK businesses to bet on AI over ne...

As the UK gears up for increases in National Insurance and the minimum wage this April, businesses are reassessing their workforce strategies. Faced w...

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UK finance has lost 10,000 firms since 2020, study shows
Brexit & Economy

UK finance has lost 10,000 firms since 2020, study shows

1y Accountancy Age

UK finance has lost 10,000 firms since 2020, study...

The UK’s financial sector has contracted significantly since 2020, with nearly 10,000 firms disappearing in just four years, according to new data fro...

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Bank of England cuts interest rates, again
Corporate Finance

Bank of England cuts interest rates, again

1y Accountancy Age

Bank of England cuts interest rates, again

The Bank of England (BoE) has reduced its key interest rate from 4.75% to 4.5% in a move aimed at supporting the UK’s slowing economy, marking its thi...

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The UK economy in 2025: Resilient or running on empty?
2025 Predictions

The UK economy in 2025: Resilient or running on empty?

1y Marina Mouka

The UK economy in 2025: Resilient or running on em...

The UK has entered 2025 at a crossroads. While global growth is set to continue at a modest pace, Britain faces a far more delicate balancing act. Wit...

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The £140 billion debt crisis threatening UK council budgets
Economy

The £140 billion debt crisis threatening UK council budgets

1y Marina Mouka

The £140 billion debt crisis threatening UK counci...

Local councils across the UK are facing a fiscal crisis, with some proposing sharp council tax hikes to tackle mounting debt and budget shortfalls. Ei...

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UK SME confidence reaches historic low, ACCA says
ACCA

UK SME confidence reaches historic low, ACCA says

1y Accountancy Age

UK SME confidence reaches historic low, ACCA says

The fall in confidence comes following the announcement of large tax rises for UK employers in the recent Autumn Budget Read More...

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UK borrowing costs hit 16-year high as pound slumps
Budget

UK borrowing costs hit 16-year high as pound slumps

1y Accountancy Age

UK borrowing costs hit 16-year high as pound slump...

Accountants urged to monitor fiscal impact amid rising debt concerns Read More...

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2025: Can accountants turn the tide on trust and growth?
2025 Predictions

2025: Can accountants turn the tide on trust and growth?

1y Accountancy Age

2025: Can accountants turn the tide on trust and g...

As 2025 dawns, accountants find themselves at the heart of an economy still navigating the aftershocks of a global pandemic, seismic political shifts,...

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UK Government announces permanent business rates cut for highstreet
Budget

UK Government announces permanent business rates cut for highstreet

2y Accountancy Age

UK Government announces permanent business rates c...

To fund this sustainably, the top one percent of high-value properties, such as large warehouses used by online giants will be asked to pay more to su...

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Why are only 20% of businesses prepared for climate-related disasters?
Business

Why are only 20% of businesses prepared for climate-related disasters?

2y Accountancy Age

Why are only 20% of businesses prepared for climat...

A new report from the Association of Chartered Certified Accountants (ACCA) has revealed a concerning lack of preparedness among businesses and organi...

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Everything you need to know about the UK Finance Bill 2025
Economy

Everything you need to know about the UK Finance Bill 2025

2y Accountancy Age

Everything you need to know about the UK Finance B...

The UK’s tax landscape faces its most significant overhaul in decades with the new Finance Bill potentially marking the end of non-dom tax statu...

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Budget Snapshot: The green agenda that looks beyond the tax breaks
Budget

Budget Snapshot: The green agenda that looks beyond the tax breaks

2y Accountancy Age

Budget Snapshot: The green agenda that looks beyon...

The UK government’s Autumn Budget 2024 has placed a strong emphasis on sustainability, with significant funds directed towards green investment initia...

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Autumn Budget 2024: Industry reactions
Budget

Autumn Budget 2024: Industry reactions

2y Rachael Kennedy

Autumn Budget 2024: Industry reactions

Following the UK Budget announcement, key figures across finance, tax, and business have responded to the Chancellor’s measures, highlighting potentia...

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IFS calls on Labour for ‘serious reforms’ of capital gains tax
Budget

IFS calls on Labour for ‘serious reforms’ of capital gains tax

2y Accountancy Age

IFS calls on Labour for ‘serious reforms’ of capit...

As Labour prepares for its first Budget under Chancellor Rachel Reeves, the Institute for Fiscal Studies (IFS) is urging the party to pursue sweeping ...

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BoE holds rates but signals cautious approach to inflation
Brexit & Economy

BoE holds rates but signals cautious approach to inflation

2y Rachael Kennedy

BoE holds rates but signals cautious approach to i...

The Bank of England’s Monetary Policy Committee (MPC) voted 8-1 to maintain the Bank Rate at 5% in its September meeting, underscoring the centr...

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Confidence among global accountants rises again in Q2 2024, despite a big drop in sentiment in the US
Economy

Confidence among global accountants rises again in Q2 2024, despite a big d...

2y Jonathan Ashworth, Chief Economist, ACCA

Confidence among global accountants rises again in...

The ACCA and IMA Global Economic Conditions Survey (GECS) suggests that global confidence among accountants and finance professionals improved slightl...

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Reeve's Fiscal Statement: Key takeaways
Budget

Reeve's Fiscal Statement: Key takeaways

2y Accountancy Age

Reeve's Fiscal Statement: Key takeaways

Rachel Reeves, in her first fiscal statement as Chancellor, has painted a challenging picture of the UK’s public finances, revealing significant...

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New superfund guidance reshapes UK pension management
Business Regulation

New superfund guidance reshapes UK pension management

2y Accountancy Age

New superfund guidance reshapes UK pension managem...

The UK’s Pensions Regulator (TPR) has unveiled updated guidance for superfunds, introducing pivotal changes that accountants and financial plann...

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Chair appointed at Centre for Public Interest Audit following announcement of incorporation
Audit

Chair appointed at Centre for Public Interest Audit following announcement ...

2y Accountancy Age

Chair appointed at Centre for Public Interest Audi...

The Centre for Public Interest Audit (CPIA), a new organisation that will bring together auditors from across the profession to shape best practice an...

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Labour government full speed ahead on audit reform
Audit

Labour government full speed ahead on audit reform

2y Accountancy Age

Labour government full speed ahead on audit reform

The recent King’s Speech has unveiled a raft of legislative proposals set to significantly reshape the landscape for accountants and auditors ac...

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Cross-border compliance is hindering business growth - research
Business Regulation

Cross-border compliance is hindering business growth - research

2y Rachael Kennedy

Cross-border compliance is hindering business grow...

Over 80% of businesses around the world indicated that cross-border compliance complexity impacts their decision to sell into new markets, according t...

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Chancellor unveils £7.3 billion National Wealth Fund to bolster private sector investment
Economy

Chancellor unveils £7.3 billion National Wealth Fund to bolster private sec...

2y Accountancy Age

Chancellor unveils £7.3 billion National Wealth Fu...

The Chancellor of the Exchequer, Rachel Reeves, has announced the creation of a £7.3 billion National Wealth Fund (NWF), a pivotal move by the newly e...

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Breaking news: Insights into Labour's victory
Brexit & Economy

Breaking news: Insights into Labour's victory

2y Accountancy Age

Breaking news: Insights into Labour's victory

The recent decisive victory of the Labour Party in the UK’s general election will undoubtedly send ripples through the nation’s financial ...

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UK business owners want easing of EU trade barriers and cuts to VAT from next Government, shows survey
Brexit

UK business owners want easing of EU trade barriers and cuts to VAT from ne...

2y Accountancy Age

UK business owners want easing of EU trade barrier...

Many businesses still struggling with post-Brexit trade friction Read More...

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Is there a need to overhaul local auditing processes in the UK?
Audit

Is there a need to overhaul local auditing processes in the UK?

2y Accountancy Age

Is there a need to overhaul local auditing process...

Following the recent publication of supplementary guidance by the National Audit Office (NAO), the Institute of Chartered Accountants in England and W...

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Election tax policies under scrutiny, accountants demand transparency and innovation
Brexit & Economy

Election tax policies under scrutiny, accountants demand transparency and i...

2y Rachael Kennedy

Election tax policies under scrutiny, accountants ...

As the UK gears up for the general election, accounting and tax experts are calling on the incoming government to address critical gaps in tax policie...

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Forget national service, focus on financial literacy
Economy

Forget national service, focus on financial literacy

2y Accountancy Age

Forget national service, focus on financial litera...

TikTok accountant launches SME advice podcast on UN Micro and SME day, 27 June Read More...

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