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More than half of UK organisations are planning to cut expenses in response to rising government-imposed costs, including new tax and National Insurance increases taking effect from April 6th, according to a new survey of finance leaders. The research, conducted by financial management software provider AccountsIQ and expense management platform ExpenseIn, reveals that 52% of businesses are introducing expense cuts to manage financial pressure. A quarter (25%) of respondents said they had already implemented new...

Hiring the right staff has always been a challenge for businesses, but for small businesses operating outside major UK cities, the struggle is even more pronounced. With talent gravitating towards urban areas, rural and small town businesses often face difficulties attracting and retaining skilled employees. The challenge isn’t just about finding people but is about finding the right people, those with the right skills and experience who are also willing to work outside of the...

With a commitment to delivering personalized and relationship-based solutions, Price Bailey has become one of the top 30 accountancy practices. We service regional, international, and national clients. Price Bailey offers a wide array of services. These services are tailored to meet the diverse requirements of our clientele. ●     Accounting and outsourcing From bookkeeping to annual accountants along with tax returns, Price Bailey’s efficient accounting services guarantee businesses meet every statutory obligation while focusing on growth...

Keir Starmer is under growing pressure from senior UK and EU figures to take a tougher stance against Donald Trump, as fears escalate that the US president is preparing to impose sweeping tariffs on British exports — a move that could spark a global trade war and severely damage the UK economy. British officials in London and Washington are racing to persuade the White House to soften its approach ahead of what Trump is calling...

Prosecutions of professionals who enable tax evasion have plummeted by at least 75 per cent over the past five years, according to new figures, prompting concerns that HMRC is failing to tackle the networks that support illegal tax activity. In 2023–24, fewer than five criminal cases were brought against enablers — individuals who knowingly help clients evade tax — down from 16 cases in 2018–19, which marked the peak of enforcement activity. Tax officials now...

Campaigners are urging UK police forces to take a far tougher stance on fraudsters, warning that scams have become a “penalty-free crime” amid a surge in reported fraud and high-profile global investigations. The call to action comes just days after the government announced it is working on an expanded fraud strategy in response to a 19 per cent rise in fraud reports last year, according to figures from the Office for National Statistics. The renewed...

Consumer spending in the United States rose in February but fell short of economists’ expectations, as households cut back on dining and travel while grappling with rising costs and economic uncertainty. Figures released by the US Commerce Department’s Bureau of Economic Analysis showed that consumer spending climbed by 0.4 per cent last month. This followed a downwardly revised 0.3 per cent decline in January and was slightly below economists’ expectations of a 0.5 per cent...