Cash flow pressures climb as 57% of UK SMEs warn of rising costs
Accounting Firms

Cash flow pressures climb as 57% of UK SMEs warn of rising costs

5d Accountancy Age

Cash flow pressures climb as 57% of UK SMEs warn o...

Nearly half of small businesses report cash flow issues amid rising costs, QuickBooks data shows Read More...

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Farage promises £20k tax-free threshold - but at what cost?
Budget

Farage promises £20k tax-free threshold - but at what cost?

2w Accountancy Age

Farage promises £20k tax-free threshold - but at w...

Nigel Farage has pledged to raise the personal tax-free allowance to £20,000, a move the Institute for Fiscal Studies says could cost up to £80bn annu...

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UK holds second spot in EU for foreign direct investment
Business

UK holds second spot in EU for foreign direct investment

4w Accountancy Age

UK holds second spot in EU for foreign direct inve...

FDI projects into Greater London fall by nearly a third, but UK continues to lead Europe in tech, life sciences, and HQ investments. Read More...

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Hiring confidence crumbles as employers warn of 'impossible' planning environment
Business

Hiring confidence crumbles as employers warn of 'impossible' planning envir...

1m Accountancy Age

Hiring confidence crumbles as employers warn of 'i...

CIPD and BDO data reveal hiring plans at record lows amid Labour tax reforms and sweeping employment law changes Read More...

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Bank of England cuts interest rates to 4.25%
Economy

Bank of England cuts interest rates to 4.25%

1m Accountancy Age

Bank of England cuts interest rates to 4.25%

The Bank of England has lowered interest rates by 25 basis points to 4.25%, marking its fourth cut since August 2023 and the clearest signal yet that ...

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Bank of England to delay rate call as May cut nears certainty
Economy

Bank of England to delay rate call as May cut nears certainty

1m Marina Mouka

Bank of England to delay rate call as May cut near...

The Bank of England will delay its much-anticipated interest rate decision tomorrow (Thursday, May 8) by precisely two minutes to observe a national m...

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Reeves rules out wealth tax rises in Autumn Budget
Budget 2025

Reeves rules out wealth tax rises in Autumn Budget

2m Accountancy Age

Reeves rules out wealth tax rises in Autumn Budget

Chancellor Rachel Reeves has ruled out any increases to UK wealth taxes in the upcoming Autumn Budget, putting an end to speculation over potential hi...

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UK accountant confidence rises from record low, but caution persists
ACCA

UK accountant confidence rises from record low, but caution persists

2m Marina Mouka

UK accountant confidence rises from record low, bu...

Confidence among UK accountants has edged up in the first quarter of 2025, following a historic low at the end of last year, according to the latest G...

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UK growth to remain weak amid heightened uncertainty
Budget 2025

UK growth to remain weak amid heightened uncertainty

2m Jonathan Ashworth, Chief Economist, ACCA

UK growth to remain weak amid heightened uncertain...

The UK’s incipient economic recovery in the first half of 2024 has since flagged. After expanding by 0.8% and 0.4% in Q1 and Q2 2024, the economy stag...

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Spring Statement 2025: Reeves cuts deep to keep fiscal pledge
Budget 2025

Spring Statement 2025: Reeves cuts deep to keep fiscal pledge

3m Marina Mouka

Spring Statement 2025: Reeves cuts deep to keep fi...

Chancellor Rachel Reeves took to the despatch box today with a Spring Statement that balanced caution with conviction. Presented as a fiscal update—no...

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Final countdown: Reeves’ Statement and the stakes behind it
Budget 2025

Final countdown: Reeves’ Statement and the stakes behind it

3m Marina Mouka

Final countdown: Reeves’ Statement and the stakes ...

When Chancellor Rachel Reeves rises to deliver her Spring Statement on Wednesday, she will be doing so with a tighter fiscal straitjacket than any of ...

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BoE holds rates at 4.5% as trade war and labour costs weigh on growth
Economy

BoE holds rates at 4.5% as trade war and labour costs weigh on growth

3m Marina Mouka

BoE holds rates at 4.5% as trade war and labour co...

Cautious approach continues as inflation risks remain and hiring freezes take hold Read More...

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North East council tax bills to be 18% higher than London, study finds
Budget 2025

North East council tax bills to be 18% higher than London, study finds

3m Accountancy Age

North East council tax bills to be 18% higher than...

Local authorities struggle to balance funding gaps as bills rise across England Read More...

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UK SMEs pause investments as Spring Statement looms
Budget 2025

UK SMEs pause investments as Spring Statement looms

3m Marina Mouka

UK SMEs pause investments as Spring Statement loom...

Business confidence remains high, but uncertainty stalls capital spending Read More...

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What to expect from the Chancellor’s Spring Statement
Budget

What to expect from the Chancellor’s Spring Statement

3m Marina Mouka

What to expect from the Chancellor’s Spring Statem...

The UK’s first Spring Statement under Chancellor Rachel Reeves is set for 26 March, but those expecting headline-grabbing tax and spending announcemen...

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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

3m 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

4m 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

4m 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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Number of retailers going insolvent 19% to breach 2000
Business

Number of retailers going insolvent 19% to breach 2000

1y Accountancy Age

Number of retailers going insolvent 19% to breach ...

Body Shop, Ted Baker, Farfetch, MatchesFashion and Wilko among latest retailer insolvencies. Number of businesses in trouble are the highest in five y...

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British Business Bank extends ENABLE Funding facility with Time Finance to £64.4m
Brexit & Economy

British Business Bank extends ENABLE Funding facility with Time Finance to ...

1y Accountancy Age

British Business Bank extends ENABLE Funding facil...

British Business Bank has agreed to widen scope of facility to allow support for soft as well as hard assets Read More...

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Boost for small businesses as VAT threshold raised and business rates frozen
Economy

Boost for small businesses as VAT threshold raised and business rates froze...

1y Accountancy Age

Boost for small businesses as VAT threshold raised...

28,000 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...

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Nationwide acquires Virgin Money in a £2.9 Billion deal
More News

Nationwide acquires Virgin Money in a £2.9 Billion deal

1y Accountancy Age

Nationwide acquires Virgin Money in a £2.9 Billion...

Nationwide acquires Virgin Money for £2.9 billion, becoming the UK's second-largest mortgage lender and significantly altering the financial sector's ...

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Bank of England holds interest rate steady, signaling cautious optimism for future cuts amid economic recovery
More News

Bank of England holds interest rate steady, signaling cautious optimism for...

1y Accountancy Age

Bank of England holds interest rate steady, signal...

The Bank of England maintains the interest rate at 5.25%, reflecting optimism for economic recovery and potential future rate cuts, amidst signs of ea...

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UK inflation's unexpected decline sparks hope and caution among experts
Economy

UK inflation's unexpected decline sparks hope and caution among experts

1y Accountancy Age

UK inflation's unexpected decline sparks hope and ...

UK'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...

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Is the wage chill enough? BoE waits and watches
More News

Is the wage chill enough? BoE waits and watches

1y Accountancy Age

Is the wage chill enough? BoE waits and watches

UK wage growth cools, sparking debate within the Bank of England. Will a slowdown be enough to tame inflation and avoid interest rate hikes? Household...

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UK Treasury faces £15 billion black hole by 2029 due to fuel duty freeze and rise of electric vehicles
UK Treasury

UK Treasury faces £15 billion black hole by 2029 due to fuel duty freeze an...

1y Accountancy Age

UK Treasury faces £15 billion black hole by 2029 d...

A 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...

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Working families urged to tap into HMRC's Tax-Free Childcare scheme for Easter savings
More News

Working families urged to tap into HMRC's Tax-Free Childcare scheme for Eas...

1y Accountancy Age

Working families urged to tap into HMRC's Tax-Free...

Working parents can save on Easter childcare with the Tax-Free Childcare scheme. Read More...

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