More than 8 in 10 small business owners fearful og Autumn...
Nationally, 86% of UK small business owners are fearful of Autumn Budget announcements that could negatively impact the growth outlook and finances of their...
Expert Reveals 4 Common Mental Traps That Sabotage Your Finances (And...
Mind Over Money: Outsmarting the Mental Traps That Derail Your Finances
Key Findings
Four common cognitive biases - present bias, overconfidence bias, anchoring bias, and...
Finance teams – evolve now or become irrelevant
A comprehensive new report reveals that finance teams worldwide are at a critical juncture, with just five years to adapt to rapidly changing demands—or...
New data reveals the most popular funding methods for entrepreneurs in...
Finances are often a major source of stress for business owners. According to a recent SME insights report by Dojo, a card payment provider, 30% of businesses...
Overtime pay sees HMRC wage bill rise by £5.5m
The Global Payroll Association has analysed the changing number of full-time jobs at His Majesty's Revenue & Customs (HMRC) between March 2023 and March...
Severn Tunnel
Paul Butterworth, CEO at Chambers Wales South East, South West and Mid, said:
“As expected, interest rates have been held once again at 5.25%, despite...
LEVERAGE EXPERTISE OF ACCOUNTANTS TO DRIVE ECONOMIC GROWTH
Reform needed across multiple areas of the UK business ecosystem, led by experts, to drive stable and sustained growth.
In 'Accounting for a better...
Net Zero Industry Wales wins bid to deploy up to £7.5m...
Net Zero Industry Wales (NZIW) has successfully unlocked £7.5m in UK Government funding to support SMEs from South West Wales as they undertake decarbonisation...
TWO THIRDS OF UK FINANCE PROFESSIONALS OPTIMISTIC ABOUT AI IN ACCOUNTANCY
66% of UK finance professionals believe that AI will allow them to add more value in their roles
42% are concerned about the...
3.7% of Welsh citizens are on the path to financial freedom...
Amid reports that more than half of adults in the UK claim their financial situation has worsened in the last year, the concept of...
Recruitment, skills and labour pressures felt by Welsh businesses in Q1
Businesses in Wales are continuing to face challenges regarding recruitment, the ongoing skills shortage and labour costs, according to Chambers Wales South East, South...
UK Finance Expert Reveals: Everyday Transactions That Risk Your Mortgage Approval
Finance expert Simon Walters from Frontline Collections, outlines some common activities and financial habits that might influence a lender's decision, shedding light on the less...
Finance Expert Says buying a lottery ticket can stop you from...
This insight is especially pertinent for those in the market for a loan or mortgage.
Lenders will scrutinize an applicant's financial history for any signs...
Pre-Event Market Commentary for the US CPI announcement on 13 February...
Author: Jamie Dutta, Global Market Analyst, Vantage Markets
Release date: 12/02/24
Markets will see if the recent strong data out of the US translates into higher...
Company failures reach the highest annual number since 1993 | Q4...
Lin Gartland, Restructuring and Insolvency Director at UK top ten accountancy and advisory firm Azets, comments on the company insolvency statistics for Q4 2023.
In 2023,...
MORE THAN 475,000 WILL MISS SELF-ASSESSMENT DEADLINE
Handelsbanken Wealth & Asset Management research highlights self-assessment worries of the self-employed
More than 475,000 self-employed people believe they will miss the January 31st deadline for...
Money expert reveals the top month for budgeting in the UK...
A new study names the month Brits can control their spending the most, based on how the UK fared in 2023 - with...
CYNERGY BANK LAUNCHES BUSINESS CURRENT ACCOUNT WITH 1.50% AER
1.50% AER on deposits up to £25,000
Cynergy Bank aims to disrupt “outdated practices, complex fees, lack of a personal touch and low...
Expert warns up to 5.7 million Brits face a £100 fine...
More than 12 million Brits are expected to complete their self-assessment tax return for the period 2022-2023 by the end of January.
If you're amongst...
The Dog Ate My Tax Return: Six Things You Need to...
With the 31st of January deadline fast approaching, HM Revenue and Customs (HMRC) has warned that millions of taxpayers have still not completed their Self-Assessment...
NAPB – REMARKS by the Chairman of NatWest Bank will “dismay”...
"These remarks will dismay millions of people looking to get on the property market. So many people, particularly those aged in their 20s and...
Getting started with strategic investing
Investing can be a difficult task for many people, whether you’re a beginner or even an experienced investor.
To effectively tackle this challenge, one of...
Unravelling the Tax Tapestry: A Deep Dive into Personal Tax Accounting...
In the convoluted universe of personal finance, the tax intricacies within the United Kingdom are akin to navigating a maze in the dark. As...
HMRC set to fine hundreds as 24% of ‘Content Creators’ are...
Almost one in four content creators in the United Kingdom admit to being part of an underground economy. This clandestine group avoids detection by...
Interest rates remain unchanged
Paul Butterworth, CEO at Chambers Wales South East, South West and Mid, said:
“The Bank of England has announced today that interest rates remain unchanged...
Concerns over local authorities’ readiness to adopt international accounting standards
ACCA highlights the potential implementation of the lease accounting standard could increase stated debt levels
Leading global accounting body ACCA has raised doubts over the readiness of UK local...
Wales plays catch-up with UK as country’s financial health improves
· The financial health gap between Wales and the rest of the UK is gradually narrowing
· Gap narrowed from 10% in 2017 to 6% in 2023
· Constituencies...
Get the message – smishing reminder for students as the academic...
The Student Loans Company (SLC) has issued a smishing reminder to students as the academic year gets underway.
In September, SLC will pay approximately £2.3billion...
Metro Bank Warns Against Rising Malware Attacks ‘Malware Mania’ is...
Metro Bank's 'Scam of the Month' of August 2023 is a warning about the rise in malware attacks against UK bank customers. Malware, or...
Mounting Concerns on future of the Economy
As concerns mount over the future of the economy and its effect on their business, incorporating open banking and optimizing property finance strategies becomes crucial. Four in five...
Chamber comments on the latest interest rates rise
The Bank of England has raised interest rates to 5.25%, the 14th consecutive rise in interest rates.
Paul Butterworth, CEO at Chambers Wales South East, South...
UK’s searches for ‘How to afford mortgage’ skyrocketing by 324%
MORTGAGE CRISIS: Google searches for 'How to afford mortgage' explode by 324% and ‘Mortgage help’ skyrockets by 1,366%
As mortgage rates continue to rise,...
ACCA comments on HMRC R&D tax relief report
This afternoon HMRC published its Approach to Research and Development tax reliefs.
Lloyd Powell, head of ACCA Cymru/Wales, said:
“Businesses and agents are bearing the brunt of...
Corporate reporting on sustainability strengthens significantly
ISSB standards to provide consistent global baseline
Corporate reporting of sustainability-related information takes a significant step forward with the publication of two groundbreaking global standards.
ACCA...
ACCA comments on interest rates announcement
Lloyd Powell, head of ACCA Cymru/Wales, said:
“While another interest increase seems quite a surprise, it was always on the cards given the high rate...
Accountancy and finance professionals must drive the journey towards social equity,...
The future of our organisations and society itself depends on sustainability and a just transition
Accountancy and finance professionals are at the forefront of the...
Global circumstances have affected 57% of businesses’ reinvestment plans – survey...
A survey of 508 business leaders and senior decision-makers has revealed that over half have had to adjust their reinvestment strategies due to aspects...
Responding to HMRC’s announcement of self-assessment helpline closure
ACCA statement on HMRC digital service plans
Lloyd Powell, head of ACCA Cymru/Wales, said:
“ACCA has concerns on HMRC’s announcement on the self-assessment trial but is...
Student Loans Company Reminds New Students to Apply Now
SLC is reminding new full time undergraduate students in Wales to apply for their student finance before the deadline on 26 May.
The Student Loans...
Will Banks take Advantage of the Power of AI and Natural...
Imagine a world where bankers knew exactly what their clients needed and wanted, even before they did. Thanks to recent advancements in artificial intelligence,...
Keeping it local: Welsh DIY investors up to three times more...
New research by social trading and investing platform eToro reveals that Welsh investors are up to three times more likely to invest in a...
Strengthen measures to tackle late payments say SME advisors
ACCA urges strong action to tackle effects of late payment on small businesses
Accountancy body the Association for Chartered Certified Accountants (ACCA) has called for...
Strengthen measures to tackle late payments say SME advisors
ACCA urges strong action to tackle effects of late payment on small businesses
Accountancy body the Association for Chartered Certified Accountants (ACCA) has called for...
Vantage Gains FSCA License to Operate in South Africa
Vantage (or “Vantage Markets”), the global multi-asset broker, is pleased to announce it has obtained a derivatives license issued by the Financial Sector Conduct...
Q1 insolvencies: Business failures set for record high in 2023, warns...
An insolvency practitioner of one of the UK's leading accountancy firms predicts the number of company insolvencies in England and Wales will set new...
London, Salford and Carlisle are the finance capitals of the UK,...
The finance capitals of the UK, revealed
The City of London ranks first with 15% of finance and insurance business present in the area
Salford, in...
Budget day: Finance expert helps struggling parents on childcare changes to...
Chancellor Jeremy Hunt is due to deliver his budget this Wednesday, pledging to take action to reduce the cost of childcare, in an effort...
Are traditional banks relics of the past with the personalisation of...
How individuals interact with companies is evolving to be less centered around the company itself and more towards giving that power back to the...
Total Number of Cryptocurrencies Down by 1,700 in a Year
For years, the crypto space has seen a surge in cryptocurrencies, with their total number hitting an all-time high of almost 10,400 a year...
Schools In Wales Where Homes Within 0.5 Miles Are Worth The...
We wanted to find the areas in Wales where proximity to school triggered the biggest jump in housing prices. To do so we calculated...