June 2024

Key Accounting Updates: June Roundup

Welcome to this month’s news roundup, where we’ll be covering the latest developments in the world of finance and tax.

This edition focuses on several key economic concerns. House prices have fallen for the second consecutive month, reflecting a cooling property market. The UK is predicted to have the slowest growth among wealthy nations, raising concerns about future economic prospects. Small and medium-sized enterprises (SMEs) are facing excessive energy standing charges, with many struggling to cope with these rising costs. MPs have also warned that unfair banking practices are harming small businesses, calling for urgent reforms to support SMEs and promote a fairer financial environment. Stay tuned for these key updates and more.