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JWPCreers
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JWPCreers is one of the largest independent chartered accountancy practices in York, Selby and Yorkshire.
JWPCreers is one of the largest independent chartered accountancy practices in York, Selby and Yorkshire.

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More than half of UK SMEs expecting growth within next three years

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CBI study suggests key sector is booming - Britain’s manufacturing industry continues to perform strongly, new figures suggest. The sector is now enjoying the greatest demand for its products in almost 30 years, a trend driven by an expanding global economy and a fall in the value of Sterling. The latest monthly snapshot, put together by the Confederation of British Industry (CBI), has offered fresh hope that a resurgent manufacturing industry may mitigate against the squeeze on consumer sp...

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New charity policy minister - The Government has announced that Central Devon MP, Mel Stride, has been appointed as financial secretary to the Treasury, with responsibility for charity policy. Mr Stride has long been interested in a number of charities, including museums and heritage organisations and is also a qualified tour guide, entitled to guide at a number of national sites including the British Museum and Windsor Castle. The Charity Finance Group (CFG) welcomed Mr Stride’s appointmen...

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Half of UK businesses hit by at least one cyber-attack last year

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FSB study suggests fall in business confidence - A new study carried out by the Federation of Small Businesses (FSB) has revealed a drop in business confidence among Britain’s small and medium-sized enterprises (SMEs). According to the report, business confidence has been hit by political uncertainty spurred on by the surprise General Election result, and financial fears stemming from ever-rising operating costs. It adds that more than half (52 per cent) of SMEs are currently concerned that...

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Economy to grow by 1.7 per cent this year, says ICAEW - The Institute of Chartered Accountants (ICAEW) has predicted that the UK economy will grow by 1.7 per cent this year, despite a slump in growth during the first quarter (Q1). Earlier this year, economic growth slowed to just 0.2 per cent in Q1, but the leading accountancy body is expecting a surge in growth driven by exports later in the year. It estimates that growth will hit 1.7 per cent by the end of 2017 – up from the 1.6 per cent ...

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Two-thirds agree with NHS tax, says poll - Exactly two-thirds (66 per cent) of people would be happy to pay more tax if it means the quality of the NHS improves, a new poll has revealed. The survey, which includes more than 2,000 people, shows that the findings vary by age, with over-65s in most agreement (76 per cent). They are followed by the 18-24 age group (61 per cent), and the 35-44 age group (56 per cent). The research also explored options beyond taxation to invest in health service...

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SMEs struggling with rising operating costs, says FSB - Operating costs for small and medium-sized enterprises (SMEs) are now “at their highest in four years,” according to the Federation of Small Businesses (FSB). The comments come from FSB chairman Mike Cherry, in reaction to the latest data published by the Office for National Statistics (ONS). In recent days, the ONS has reported that the rate of inflation in the UK hit 2.9 per cent last month – representative of a 0.2 per cent rise ove...

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Consumer spending falls for first time in four years - Year-on-year consumer spending has fallen for the first time in almost four years, figures from credit card firm Visa reveal. Visa says the drop in spending was seen across a broad spectrum of sectors last month, including clothing, food, transport, and household goods. Its data shows that physical “bricks and mortar” store sales dropped at their fastest pace for more than five years in May, down 5.3 per cent compared to the same period...

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Pay day loan complaints rise despite new legislation - The Financial Ombudsman Service (FOS) has found that complaints about pay day loans have risen once again, with there being nine times more complaints than two years ago. According to the organisation’s annual report, 10,529 new complaints were logged relating to short-term credit products in the 2016-17 financial year. Payment Protection Insurance (PPI) was the most complained about financial product, with 168,769 inquiries logged. Hig...
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