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Business News

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Business News

ICAEW sounds public finance warning as election approaches

The UK's political parties are making 'unsustainable' election promises in regard to public spending, the Institute of Chartered Accountants in England and Wales (ICAEW) has warned. All three major political…

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11/12/2019
Business News

OECD suggests tax revenues ‘have reached a plateau’

In a new report, the Organisation for Economic Co-operation and Development (OECD) has suggested that tax revenues in advanced economies have 'reached a plateau'. The OECD stated that the plateau…

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10/12/2019
Business News

UK manufacturing jobs cut as sales fall

UK manufacturing jobs fell at the fastest rate in seven years during November as low sales squeezed the sector, according to the IHS Markit Purchasing Managers' Index. The index fell…

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09/12/2019
Business News

ICAEW advises employers to take tax implications of seasonal parties into account

The festive season is now in full swing, and the Institute of Chartered Accountants in England and Wales (ICAEW) has advised employers to be aware of the tax implications associated…

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06/12/2019
Business News

UK to press ahead with Digital Services Tax despite warnings from US

Prime Minister Boris Johnson has said that the UK will continue with plans to impose its Digital Services Tax (DST) on American tech giants, despite the US threatening France for…

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05/12/2019
Business News

Report states counterfeit goods trade costing UK billions

The global trade in counterfeit goods costs the UK billions of pounds in lost sales and missing tax revenues, according to a new report by the Organisation for Economic Co-operation…

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04/12/2019
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