Monthly Archives: October 2016


Accountancy turnover returns to growth in August

24

Oct 2016

Accountancy turnover returns to growth in August

Accountancy turnover up The turnover of accountants, bookkeepers and tax advisors rose by almost 4% in August 2016, compared with August 2015. This is a welcome return to growth after the sector saw turnover slump badly in June and July. Despite the improvement in growth in August, this still means that the turnover of the accountancy and allied professions is lower over the first eight...

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21

Oct 2016

IRN publish a free economic dashboard

Free economic dashboard You can now keep up-to-date with key economic statistics and trends by viewing the IRN economic dashboard. This features key statistics on the UK economy plus regularly updated business news from Google. It also features searchable calendar of economic indicators, the latest stock market index and cross currency rates.  IRN will be periodically updating the dashboard when new statistics are released, so...

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19

Oct 2016

Inbound and outbound tourism flows by sea or train down for the half year 2016

Inbound and outbound tourism flows by sea and train follow suit with growth in the first first quarter followed by a decline in the second quarter and down overall for the half year. The second quarter results from the International Passenger Survey (IPS) show that inbound overseas resident visits to the UK by sea and train fell by 6%  to 2,806 million visits compared with the...

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19

Oct 2016

Pension reform – two steps forward, one step back

Annuity trading reforms dropped The Government announced yesterday that it was abandoning plans to allow annuity holders to trade in their annuities for cash. Annuity trading and the removal of the need to buy an annuity with a pension fund were the two pillars of pension reform of the Coalition and previous Conservative governments. Now one of these pillars have been withdrawn. The Government argues...

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10

Oct 2016

The Fintech future is bright but is it disruptive?

Fintech: a disruptive or adaptive technology? Fintech is considered as a new technology which can disrupt the traditional finance industry, especially the consumer sector – see details of our Robo-Finance Agents Report . But how disruptive will it actually be? The past seven days has seen three key pieces of news on the Fintech sector, which could provide pointers to how the sector will develop...

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Accountancy turnover slumps in July

07

Oct 2016

Accountancy turnover slumps in July

Revenues down by 2.5% in 2016 The turnover of UK accountancy and allied services companies fell by over 10% in July 2016 compared with July 2015. This means that over the first seven months of 2016, the revenues of UK accountancy firms was 2.5% lower than over the same period of 2015. Despite surveys showing the services sector of the economy is performing relatively well...

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International tourism trends to and from the UK July 2016

05

Oct 2016

International tourism trends to and from the UK July 2016

Provisional international tourism figures from the Office of National Statistics (ONS ) for July 2016 indicate that Brexit and its impact on the strength of the pound has, as yet, had little effect on international tourism flow trends. In July 2016, UK residents made 7.0 million visits abroad. This was an increase of 3% compared with July 2015. Correspondingly, overseas residents made 3.8 million visits...

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03

Oct 2016

How humans can compete with the Robots

The rise of the Cyborg professional If the future is anything, the future is “Robo”: Robo-advisors, Robo-investing, Robo-medicine, Robo-insurance, Robo-driving, even Robo-market research (God forbid!).  Computer systems, based on artificial intelligence software, could replace many professional services jobs in the same way that industrial machines replaced manual jobs in the industrial revolution. IRN Research argue in the Brave New Robo World, if you want to...

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