The lives of everyone in the UK are tied to the health of its economy, but it faces serious long-term challenges; a new ICAEW series looks at how we could build a more resilient future.
In its response to the Treasury Committee's call for evidence, ICAEW laments the availability of finance for small business, and sees a role for government in boosting lending to SMEs, following concerns over a deepening access to finance crisis.
Despite a strong June GDP rebound, the UK faces a challenging period as corporate insolvencies jump and productivity remains anaemic. ICAEW’s Economies Director Suren Thiru discusses current economic conditions and key points to watch.
As summer draws to a close, we find that business confidence is rising tentatively, albeit hindered by finance and investment worries, and persisting energy concerns.
The UK economy continues to flatline, business confidence remains below pre-pandemic levels and interest rates have risen in August despite falling inflation. ICAEW’s Economies Director Suren Thiru discusses economic implications and key points to watch.