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Economy

Expert analysis on the latest national and international economic issues and trends, and interviews with prominent voices across the finance industry, alongside data on the state of the economy.

Autumn Budget 2024
London Westminster

Economy explainers

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ICAEW experts offer simple guides to help understand the technical, economic jargon that is discussed when talking about public finances and the economy.
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ICAEW Business Confidence Monitor

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Quarterly reports on the economy which provide useful insight for finance professionals and their clients.
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Business Confidence Monitor

ICAEW Member Insights

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Views, opinions and experiences from our ICAEW members. These insights are used to help shape ICAEW content and inform policy positions and recommendations.
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Economic update: examining pre-Budget indicators

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  • 01 Oct 2024
Ahead of the new government’s first Budget, interest rates are on hold despite the economy stagnating for the second successive month. ICAEW Economies Director Suren Thiru discusses the implications.
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Access to finance: supporting small businesses

Chart of the week: UK international trade

  • Article
  • 15 Nov 2024
Our chart this week is inspired by International Trade Week and looks at where UK imports come from and exports go to, ahead of what might be some major changes in US trade policy when President-elect Trump assumes office on 20 January 2025.
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Manifesto 2024: ICAEW's vision for a renewed and resilient UK

ICAEW Manifesto

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Explore our recommendations for the next UK Government to create a renewed and resilient future UK economy.
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Content series: Resilience and Renewal

two women smiling colleagues employees financial directors board meeting white room 23 MAY 2024
Developing a strategic approach to workforce management

An organisation’s workforce is fundamental to its growth, and the finance function has a key part to play in helping to ensure the right people are recruited and retained.

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two employees man woman working in a lab pointing looking at computer parts 23 MAY 2024
Exploring the training options available to SMEs

Strong training and development programmes help businesses attract and retain the best talent. It pays to understand the full gamut of support and funding available.

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man employee engineer working in front of yellow robot machinery 23 MAY 2024
A lowdown on full expensing for SMEs

Announced as a permanent capital allowance in the 2023 Autumn Statement, full expensing is a boon for companies investing in capital assets. Here, we examine the details of the new allowance.

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three young men apprentices apprenticeship work warehouse blue polo shirts safety glasses 10 APRIL 2024
Making apprenticeships work for your company

Apprenticeship programmes are a valuable part of any workforce training strategy and certainly not just for manual jobs. But they must be underpinned by sound workforce planning.

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woman wearing glasses pointing at large screen showing data charts graphs office business 27 MARCH 2024
R&D tax relief: what you need to know

Research and development tax relief is a key government incentive encouraging much-needed investment. Making a claim requires thought and planning and an understanding of the common pitfalls.

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parcel box delivery passing between two people hands trade paperwork black shirts 21 MARCH 2024
Exporting goods: how to nail the paperwork

Greater international trade will have huge economic benefits for the UK, but red tape is putting many companies off the process. Here’s what you need to know.

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warehouse employee young asian man wearing an apron pushing a trolley trade exports boxes 21 MARCH 2024
Exports: when do you need additional customs paperwork

Depending on the sector and the goods being shipped, additional documentation commitments may also exist, so it’s important to understand your business’s specific obligations.

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silver car auto factory assembly line man employee engineer ICAEW economy business 07 Nov 2023
Navigating a changing world of trade

International trade and strong supply chains are a cornerstone of economic growth and opportunity. Here, we examine the key challenges UK businesses face when trading internationally, while the next article considers possible solutions.

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world planet earth globe circles rays of light blue international trade ICAEW economy business 07 Nov 2023
How to reinvigorate the UK’s international trade performance

The UK’s international trade activity is falling behind that of its economic peers. Here, we examine what changes are needed from policymakers and business to close that gap and why chartered accountants are so well-placed to help them.

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long bridge road concrete truck ocean sea water international trade economy business ICAEW 07 Nov 2023
How Ramsden International reinvented its business model after Brexit

International grocery wholesaler Ramsden International endured a torrid couple of years in the wake of Brexit and the Covid-19 pandemic. However, long-term planning investing in people and expert advice have helped it come through the other side.

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Mike Younger, Financial Director and ICAEW member Ian Macleod Distillers 07 Nov 2023
Making the most of international markets: From the glens to graphene

Engaging with international markets brings many benefits but more UK companies should take the plunge. Two very different firms show how buying and selling overseas can make organisations more successful and resilient.

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Gas works tower in front of a blue sky 17 Oct 2023
The UK’s skills gap and what’s gone wrong

For a generation, a shortage of skills has undermined business confidence, investment, and productivity across the UK, and so limited economic growth and left us more exposed to inflation shocks. Here, we look at what’s causing this shortage and, in the next article, ideas for addressing it.

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