Vale & West Chartered Accountants Blog

Category Archives:Economy

High Street sales continue to fall in December as retailers faced worst sales on record

For the sixth year in a row, sales have fallen on Britain’s high streets in December. Read More

Uncertainty stalling UK economic growth, warns BCC report

UK growth is stagnating as a result of heightened Brexit uncertainty and other economic pressures, the British Chambers of Commerce (BCC) has warned. Read More

UK retail figures jump in November following sales boost

The latest figures from the Office for National Statistics (ONS) have shown that retail sales have increased at a much faster rate than anticipated. Read More

Wages showing fastest increase in almost a decade

According to the latest figures from the Office for National Statistics (ONS), wages rose at the fastest pace in nearly a decade in the three months to September. Read More

Government announce proposals to end late payments for small businesses

The Government has proposed new measures to tackle the issue of late payments to small businesses by larger companies who abuse their position in the market. Read More

Millennials hit hardest by financial crisis

According to figures from the Institute for Fiscal Studies (IFS), earnings for UK workers are still lower than they were in 2008, having failed to recover in the decade since the financial crisis, with millennials the hardest hit. Read More

Summer spending continued through August

According to data from Barclaycard, people in the UK have continued to splash the cash this summer, with consumer spending up 4.5 per cent in August compared to the previous year. Read More

Strong growth for service sector boosts UK economy

Growth in the UK’s service sector hit an eight-month high in June, indicating that the UK economy is beginning to ‘pick up speed’. Read More

Q1 economic growth revised upwards

In a surprise move, the UK’s economic growth has been revised upwards for the first quarter (Q1) of 2018. Read More

Card payments now ‘more popular’ than cash in UK, study suggests

The number of debit card payments made in the UK overtook the use of cash in 2017, a new report has revealed. Read More

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