ACCA survey reveals declining confidence among accountants,
Brexit & Economy

ACCA survey reveals declining confidence among accountants,

2y Accountancy Age

ACCA survey reveals declining confidence among acc...

The GECS report indicates that concerns among accountants about increased costs have eased slightly. However, these concerns remain elevated by histor...

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84% of tax professionals fear double taxation as Pillar 2 looms
Corporate Tax

84% of tax professionals fear double taxation as Pillar 2 looms

2y Accountancy Age

84% of tax professionals fear double taxation as P...

The legislation, which introduces a global minimum tax of at least 15% for multinational enterprises, aims to limit tax competition and ensure large c...

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Grant Thornton warns 40% of UK Councils are at risk of financial failure
Brexit & Economy

Grant Thornton warns 40% of UK Councils are at risk of financial failure

2y Accountancy Age

Grant Thornton warns 40% of UK Councils are at ris...

It is critical that a more comprehensive overhaul of both local government finance and models for social care is undertaken to address local councils'...

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FRC urged to reconsider enforcement criteria amidst industry evolution
Accounting Standards

FRC urged to reconsider enforcement criteria amidst industry evolution

2y Accountancy Age

FRC urged to reconsider enforcement criteria amids...

Changes will help to make accounting profession more attractive, ICAEW boss says Read More...

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HMRC launches campaign targeting crypto tax evaders
Digital assets

HMRC launches campaign targeting crypto tax evaders

3y Accountancy Age

HMRC launches campaign targeting crypto tax evader...

It is essential for crypto asset owners to take advantage of the new disclosure facility and seek specialist advice when necessary Read More...

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Helping businesses manage labour costs
Brexit & Economy

Helping businesses manage labour costs

3y Accountancy Age

Helping businesses manage labour costs

Discover how accountants can help businesses adapt to the new higher living wage, focusing on budgeting, financial planning, and compliance strategies...

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Autumn Statement preview 2023
Budget

Autumn Statement preview 2023

3y Greg Noble

Autumn Statement preview 2023

Jeremy Hunt has made it clear that his main priority is to continue to reduce inflation ahead of the next election Read More...

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Accounting professionals signal slowing global growth
Economy

Accounting professionals signal slowing global growth

3y Jonathan Ashworth , Chief economist, ACCA

Accounting professionals signal slowing global gro...

The latest survey for the third quarter recorded a second consecutive decline in ‘Confidence’ at the global level Read More...

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FRC: Financial reporting quality 'vital' amid economic turbulence
Economy

FRC: Financial reporting quality 'vital' amid economic turbulence

3y Greg Noble

FRC: Financial reporting quality 'vital' amid econ...

Continuing econonmic uncertainty serves as a reminder to businesses that consistent, high-quality financial reporting is more important than ever, a F...

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Businesses ‘welcome’ BoE’s decision to leave interest rates unchanged
Economy

Businesses ‘welcome’ BoE’s decision to leave interest rates unchanged

3y Greg Noble

Businesses ‘welcome’ BoE’s decision to leave inter...

The decision signifies the end of a string of 14 successive rate increases implemented since late 2021, but pause may only be temporary Read More...

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China’s economic miracle – is it ending?
Economy

China’s economic miracle – is it ending?

3y Jonathan Ashworth , Chief economist, ACCA

China’s economic miracle – is it ending?

Depending on the methodology used, China is now either the world’s largest or second largest economy Read More...

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Impact of interest rates on businesses will become more visible over the next year, say experts
Business

Impact of interest rates on businesses will become more visible over the ne...

3y Greg Noble

Impact of interest rates on businesses will become...

The Bank of England increased interest rates to 5.25% in August, the highest it has been in 15 years Read More...

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Government must make ‘concrete actions’ to support small businesses
Business Recovery

Government must make ‘concrete actions’ to support small businesses

3y Greg Noble

Government must make ‘concrete actions’ to support...

Insolvency statistics in the UK for the second quarter of 2023 were the highest since 2009 with 83% of them relating to small businesses Read More...

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UK interest rates close to peak, but borrowing costs to remain high
Economy

UK interest rates close to peak, but borrowing costs to remain high

3y Jonathan Ashworth , Chief economist, ACCA

UK interest rates close to peak, but borrowing cos...

ACCA's chief economist Jonathan Ashworth scrutinises inflation predictions amid interest rate rises and growth concerns Read More...

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Widening ‘expectation gaps’ creating new M&A hurdles for UK founders
Economy

Widening ‘expectation gaps’ creating new M&A hurdles for UK founders

3y Nash Riggins

Widening ‘expectation gaps’ creating new M&A hurdl...

Transactions become more difficult to execute as a result, experts say Read More...

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Insolvency statistics for Q2 ‘highly concerning’
Business Recovery

Insolvency statistics for Q2 ‘highly concerning’

3y Greg Noble

Insolvency statistics for Q2 ‘highly concerning’

There were 6,342 recorded company insolvencies in Q2, reflecting a 9% increase compared to the number of insolvencies in Q1, and a 13% increase compar...

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Economy update: Storm clouds gathering despite Q1 growth
Business

Economy update: Storm clouds gathering despite Q1 growth

3y Jonathan Ashworth , Chief economist, ACCA

Economy update: Storm clouds gathering despite Q1 ...

Jonathan Ashworth, ACCA's chief economist, outlines why the UK economy faces challenges as inflation rises and risks intensify Read More...

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UK economy: Growth prospects ‘stymied’ as inflation stagnates and interest rates soar
Business

UK economy: Growth prospects ‘stymied’ as inflation stagnates and interest ...

3y Sam Alberti

UK economy: Growth prospects ‘stymied’ as inflatio...

UK inflation has surpassed 5% for the first time since the 2008 financial crisis Read More...

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