Jeremy Hunt hints at further tax cuts at Davos: What accountants need to know
Budget

Jeremy Hunt hints at further tax cuts at Davos: What accountants need to kn...

2y Rachael Kennedy

Jeremy Hunt hints at further tax cuts at Davos: Wh...

UK Chancellor Jeremy Hunt has hinted at the possibility of further tax cuts in the upcoming spring Budget, during his time at the World Economic Forum...

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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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Will 2024 be the year the IPO market rebounds following a year of challenge and change?
Business

Will 2024 be the year the IPO market rebounds following a year of challenge...

2y Accountancy Age

Will 2024 be the year the IPO market rebounds foll...

There is optimism that the IPO market will rebound in the second half of 2024, driven by pent-up demand and potential improvements in economic conditi...

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Sunak employs Thatcher-like tactics with taxation shift
Corporate Tax

Sunak employs Thatcher-like tactics with taxation shift

2y Accountancy Age

Sunak employs Thatcher-like tactics with taxation ...

As the government prepares for re-election, PM Sunak promises to control spending in order to bring forth tax cuts next year Read More...

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25% of total income and capital gains tax paid by 100,000 taxpayers
Personal Tax

25% of total income and capital gains tax paid by 100,000 taxpayers

2y Accountancy Age

25% of total income and capital gains tax paid by ...

HMRC reveal a small majority of people are soldiering a significant proportion of income and capital gains tax, following FOI request. Data has reigni...

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Helping businesses manage labour costs
Brexit & Economy

Helping businesses manage labour costs

2y 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

2y 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

2y 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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Significant tax changes in Autumn Statement could be viewed ‘negatively’ by businesses
Budget

Significant tax changes in Autumn Statement could be viewed ‘negatively’ by...

3y Greg Noble

Significant tax changes in Autumn Statement could ...

The cumulative corporation tax earnings from April to September reached £43.3 billion Read More...

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Big four advisory cuts do not reflect mid-tier market
Accounting Firms

Big four advisory cuts do not reflect mid-tier market

3y Greg Noble

Big four advisory cuts do not reflect mid-tier mar...

The recent redundancies at KPMG will affect around 110 staff members in the UK 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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Significant work required by government to gain trust of businesses again, experts says
Business

Significant work required by government to gain trust of businesses again, ...

3y Greg Noble

Significant work required by government to gain tr...

The Office for National Statistics reported that inflation in the UK dropped to 7.9% in June Read More...

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Audit teams must collaborate to weather economic storm, experts say
Audit

Audit teams must collaborate to weather economic storm, experts say

3y Greg Noble

Audit teams must collaborate to weather economic s...

33% of organisations have incorporated auditing measures to enhance resiliency against macroeconomic uncertainty into their regular audit practices Re...

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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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Hint of future tax reductions welcomed but won’t quell uncertainty
Business

Hint of future tax reductions welcomed but won’t quell uncertainty

3y Greg Noble

Hint of future tax reductions welcomed but won’t q...

The Office for National Statistics revealed that the UK economy shrank by 0.3% in March after the economy grew by 0.1% in the previous three months Re...

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Smarter Regulation plans ‘long overdue’ for temporary workers
Brexit & Economy

Smarter Regulation plans ‘long overdue’ for temporary workers

3y Sam Alberti

Smarter Regulation plans ‘long overdue’ for tempor...

The proposed changes to employment law will save businesses £1bn per year, the policy paper argues Read More...

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Inheritance tax freeze 'disproportionate' amid UK borrowing plateau
Personal Tax

Inheritance tax freeze 'disproportionate' amid UK borrowing plateau

3y Greg Noble

Inheritance tax freeze 'disproportionate' amid UK ...

This was the fourth largest borrowing year since records began in 1993 Read More...

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Accountants’ economic confidence edges up for third consecutive quarter
Brexit & Economy

Accountants’ economic confidence edges up for third consecutive quarter

3y Sam Alberti

Accountants’ economic confidence edges up for thir...

The survey paints a “brightening” picture of the global economy, according to the ACCA Read More...

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ICAEW: Bank of England interest rate rise ‘ill-advised’
Brexit & Economy

ICAEW: Bank of England interest rate rise ‘ill-advised’

3y Sam Alberti

ICAEW: Bank of England interest rate rise ‘ill-adv...

Interest rate hike to lead to more business turbulence, argue accountants Read More...

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