The UK’s first Spring Statement under Chancellor Rachel Reeves is set for 26 March, but those expecting headline-grabbing tax and spending announcemen...
View articleAs the UK gears up for increases in National Insurance and the minimum wage this April, businesses are reassessing their workforce strategies. Faced w...
View articleThe UK’s financial sector has contracted significantly since 2020, with nearly 10,000 firms disappearing in just four years, according to new data fro...
View articleThe 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...
View articleBody Shop, Ted Baker, Farfetch, MatchesFashion and Wilko among latest retailer insolvencies. Number of businesses in trouble are the highest in five y...
View articleBritish Business Bank has agreed to widen scope of facility to allow support for soft as well as hard assets Read More...
View article28,000 small businesses freed from paying VAT, encouraging them to invest and grow as the threshold is raised from £85,000 to £90,000 Read More...
View articleNationwide acquires Virgin Money for £2.9 billion, becoming the UK's second-largest mortgage lender and significantly altering the financial sector's ...
View articleThe Bank of England maintains the interest rate at 5.25%, reflecting optimism for economic recovery and potential future rate cuts, amidst signs of ea...
View articleUK's inflation unexpectedly drops to a 2-year low at 3.4%, stirring mixed reactions. Experts see it as a positive sign, but caution about future risks...
View articleUK wage growth cools, sparking debate within the Bank of England. Will a slowdown be enough to tame inflation and avoid interest rate hikes? Household...
View articleA decade of frozen rates takes a toll Successive Conservative governments have maintained a freeze on fuel duty since 2011, a policy that has proven p...
View articleWorking parents can save on Easter childcare with the Tax-Free Childcare scheme. Read More...
View articleThe UK's Spring Budget 2024 prioritises stability, growth, and fairness. Explore key reforms in public spending, tax, and inflation, and their impact ...
View articleSumer’s CEO Warren Mead believes accountants have a responsibility to champion smaller and medium-sized businesses and that successful entrepreneurs a...
View articleAmid economic uncertainty, UK political parties are betting on innovation-driven sectors like technology, manufacturing, and green energy to power gro...
View articleIs there headroom for tax cuts in next week’s Budget, and if so, what will they be? The ‘headroom’ is, of course, a wholly fictitious number, created ...
View articleAs the UK braces for the Spring Budget 2024, businesses across the nation are keenly awaiting Chancellor Jeremy Hunt’s fiscal announcements. Wit...
View articleAs we get closer to the Budget and there is talk of public spending reduction to fund his proposals, we think a cut by the Chancellor to the headline ...
View articleFollowing a profitability review, Deloitte has decided to scale back its UK deals business due to lower returns. This strategic shift could lead to jo...
View articleThe UK Treasury must act now to prevent the avoidable damage that is being done to small and micro businesses by acute inflationary pressures across t...
View articleNovember 2023 saw a 21% jump in insolvencies from November 2022, as 2,466 businesses filed for bankruptcy. Is there any way of slowing these growing s...
View articleThe global economy looks set to grow slowly once again in 2024, and downside risks remain Read More...
View articleAnalysis shows that while the majority of UK deals in 2023 were led by corporates, the number of deals involving private equity reached its highest le...
View articleEnding the skills crisis is the top priority for businesses ahead of a general election, but BDO's research shows there are huge regional disparities ...
View articleThe construction and property sectors, among others, bear the brunt of the crisis. Urgent measures are necessary to alleviate the burden of debt and f...
View articleLarge regional disparities remain in salaries across the UK, but in general, wages are on the rise. The cost of living is the greatest concern for tho...
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