Insight | UK risk of recession still likelyThe chance of a UK recession has not ‘dissipated entirely’ despite easing supply chain pressures, warns KPMG27 Mar 2023InsightBusinessPractice & IndustryEconomic trends
Insight | Inflation hikes unexpectedly to 10.4%The rate of inflation jumped to 10.4% in February from 10.1% the previous month as food and drink prices rose to their highest rate in over 45 years22 Mar 2023InsightBusinessPractice & IndustryEconomic trends
Insight | GDP up 0.3% in JanuaryThe economy rebounded with 0.3% growth in January as school attendance figures rose and football returned after the World Cup10 Mar 2023InsightBusinessPractice & IndustryEconomic trends
Insight | Inflation eases slightly to 10.1%The rate of inflation fell marginally to 10.1% in January from 10.5% the previous month as the cost of fuel and eating out eased slowly15 Feb 2023InsightBusinessPractice & IndustryEconomic trends
Insight | Economy shows zero growth following 0.5% GDP fallThe UK economy narrowly avoided recession at the end of 2022 but growth is expected to remain close to zero in 202310 Feb 2023InsightBusinessPractice & IndustryEconomic trends
Insight | Global economy steady but weak, say accountantsAccountants around the world have indicated that confidence levels were steady in Q4 2022, with many hinting that a global recession could be avoided27 Jan 2023InsightBusinessPractice & IndustryEconomic trends
Insight | Inflation falls slightly to 10.5%The rate of inflation was down fractionally to 10.5% in December from 10.7% the previous month as energy and food prices remained high18 Jan 2023InsightPractice & IndustryEconomic trends
Insight | World Cup boosts GDP by 0.1% in NovemberThe UK economy grew 0.1% in November as people headed to the pubs to watch the World Cup and retailers benefited in the run-up to Christmas13 Jan 2023InsightBusinessPractice & IndustryEconomic trends
Insight | CFOs criticise high borrowing costsHigh borrowing costs are putting CFOs off taking out bank borrowing and invoice factoring, the worst situation since the financial crisis in 20083 Jan 2023InsightBusinessPractice & IndustryEconomic trends
Insight | £600 energy payment for Northern Ireland homes All households in Northern Ireland will receive a single £600 payment to help with their bills, with payments starting in January 202320 Dec 2022InsightPractice & IndustryEconomic trends
Insight | Businesses optimistic facing recessionAround 71% of middle market businesses are ready to face the recession although only a third expect the economy to improve in the next six months15 Dec 2022InsightBusinessPractice & IndustryEconomic trends
Insight | Inflation rate falls slightly to 10.7%The rate of inflation hit 10.7% for the 12 months to November, down from 11.1% in October, according to ONS figures14 Dec 2022InsightBusinessPractice & IndustryEconomic trends
Insight | GDP up 0.5% in October but outlook bleakThe UK economy bounced back in October with a 0.5% rise in GDP, but shrank over the third quarter as recession looms12 Dec 2022InsightPractice & IndustryEconomic trends
Insight | Inflation rate hits 11.1%Higher than expected inflation has seen the consumer price index rise by 1% to 11.1% over the last 12 months16 Nov 2022InsightBusinessEconomic trends
Insight | UK wages continue to lag behind inflation Wage growth for July to September rose to 5.7%, but continues to lag behind inflation, according to research by the Office for National Statistics (ONS)15 Nov 2022InsightBusinessPractice & IndustryEconomic trends
Insight | Tax hike on dividends could raise £6bnA thinktank is calling for a tax hike on dividends and share buybacks to help plug the government’s funding31 Oct 2022InsightBusinessPractice & IndustryEconomic trends
