The UK Economy Triple Dip Fears

You may have seen the recent the news that there has been a 1.5% fall in manufacturing output in January. It’s our opinion that there is more bad news to come, especially when these figures feed directly into the first estimate of UK gross domestic product – a way of determining whether Britain is back…

Conflicting News on the UK Economy

The UK looks set to avoid a triple-dip recession according to new findings from a report published by The Institute of Chartered Accountants in England & Wales/Grant Thornton UK Business Confidence Monitor (BCM). The report suggests that Business Confidence is at its highest level since the second quarter of 2011, and it is hoped growth…

Tax Dodgers named by HMRC

Yesterday HMRC published a list of 9 small businesses which have been charged penalties for not declaring all of their income to the tax man. The idea of this “naming and shaming” is that it will deter other business people from trying to avoid paying their tax. Indeed it may scare some into paying more…