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Scaling Your Business

Abbeygate Accountancy accountants

Growing a business often requires more than just ambition — it needs funding. External capital can accelerate product development, hiring, international expansion, and even mergers and acquisitions. But raising investment comes with trade-offs. Investors expect transparent financials, clear milestones, and robust governance.

September Round-Up: Key Business and Economic Updates

As we move into autumn, there have been several important developments affecting businesses, from HMRC compliance campaigns to shifts in the UK jobs market and government support for small firms. Here’s our round-up of the main stories you need to know this month.

News Roundup June 2025

The UK-India trade deal cuts major tariffs, boosting UK exports. HMRC ends phone support for UTRs from May 2025. Interest rates drop to 4.25% amid weak growth. Inflation remains high, and unemployment rises to 4.5%, with falling job vacancies and concerns over data accuracy.

Abbeygate Goes to Accountex 2025 – Insights, Innovation & a Mad Dash for the Train

On Wednesday, the entire Abbeygate Accountancy team made the trip to London for Accountex 2025, the UK’s flagship event for accounting and finance professionals – and what a day it was!

From the moment we stepped into the Excel Centre, it was clear we were in for a whirlwind of ideas, insights, and inspiring conversations. The day was packed with networking, learning, and discovery as we met with a mix of long-standing partners and exciting new prospects.

News Roundup May 2025

UK businesses face rising employment taxes, weak confidence, and hiring cutbacks. Interest rate cuts are expected as trade tensions grow, and the government has stepped in to save British Steel amid mounting economic pressures.

Spring Statement 2025 – What it Means for You

While no major tax changes were announced, this year’s Spring Statement still holds important insights for individuals and businesses alike. From revised economic forecasts to future plans for Making Tax Digital and VAT penalties, Chancellor Rachel Reeves has outlined the government’s direction amid ongoing global uncertainty.

News Roundup March 2025

Following the Bank of England’s base rate cut to 4.5% on 6 February, HMRC will lower its late payment and repayment interest rates from 25 February.

News Roundup February 2025

Most UK businesses are optimistic about the start of 2025, with economic confidence surveys showing plans for growth following a difficult period. However, retail and hiring concerns linger. According to Lloyds Bank, 70% of businesses expect turnover to rise over the next year, up from 62% in December 2023.

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