According to new Government figures, the digital sector contributed to £149 billion to the country during 2018, accounting for 7.7 per cent of the UK economy. Continue reading
Category Archives: Economy
Company insolvencies hit six-year high
Company insolvencies increased to their highest annual level for over six years, the latest statistics have shown. Continue reading
Brexit – what happens next?
The UK is set to leave the European Union (EU) on Friday 31 January 2020 at 11 pm – but what happens next? Continue reading
SME Health Check shows positive signs in the third-quarter of 2019
The latest small and medium-sized enterprise (SME) Health Check Index has shown recovery from the second quarter of 2019, with business confidence increasing. Continue reading
Consumers set to spend £4.4 billion with small businesses this Christmas
According to the latest research, British consumers are set to spend £4.4 billion with small businesses this Christmas. Continue reading
UK businesses could lose £195 million per day in workplace productivity
According to new research, the UK economy could lose £195 million per day in wages because employees are spending an average of 1 hour 24 minutes every day being unproductive. Continue reading
Top tips to ensure your business is prepared for Brexit
The UK is currently scheduled to leave the European Union (EU) on 31 October 2019. However, it is still unclear whether that will be with or without a deal. Continue reading
Weakness in business investment reflects Brexit uncertainty, says accountancy chief
Business investment has “dampened” as entrepreneurs are left in the dark over Brexit, a new analysis has revealed. Continue reading
Drunk people in the workplace cost UK economy £1.4 billion a year
New research has revealed that as many as 89,000 people are turning up to work hungover or under the influence of alcohol every day, costing the economy around £1.4 billion a year. Continue reading
ICAEW gives UK economy the green light
The UK economy has weathered the worst of the Brexit financial fallout and should be able to continue without “too much damage”, experts have said. Continue reading