Mar 7, 2024 | Current Affairs
The Office of Budget Responsibility (OBR) has reacted to the Chancellor's Spring Budget announcement. In his speech, Jeremy Hunt outlined a plan aimed at building long-term growth in the UK, focusing on creating a high-wage, high-skill economy to stimulate more...
Mar 5, 2024 | Current Affairs
Starting from Monday (4 March), Companies House is employing new, stronger powers to enhance data accuracy and combat misuse of the companies register in accordance with the Economic Crime and Corporate Transparency Act 2023. These initial changes include: Enhanced...
Mar 1, 2024 | Current Affairs
In February, UK house prices experienced their first annual increase in over a year, signalling a rejuvenation in the housing market spurred by reduced borrowing costs. Nationwide has reported that the average house price climbed to £260,420, marking a 0.7% rise from...
Feb 28, 2024 | Current Affairs
According to a Treasury Committee inquiry, over the past year, 2.7% of SME accounts, equating to 141,620 out of approximately 5.3 million, have been closed by major banks including Barclays, HSBC, TSB, Lloyds, Santander, NatWest, Metro, and Handelsbanken. The...
Feb 23, 2024 | Current Affairs
The Institute of Chartered Accountants in England and Wales (ICAEW) is pushing for significant reforms in the lead-up to the upcoming Spring Budget on 6 March. Following consultations with its members and research findings, the professional body is advocating for the...
