Blog


Record Breaking Year for UK Cruise Market

25

Apr 2017

Record Breaking Year for UK Cruise Market

  Figures released last month by the Cruise Lines International Association (CLIA) revealed that a record 1.9 million cruise holidaymakers from the UK and Ireland took an ocean cruise in 2016. It puts the UK and Ireland as the third largest ocean cruising market in the world after USA and Germany. Germany overtook the UK and Ireland as the second largest market in in 2014 and the gap widened...

Read More


UK Transits Overtake Embarking Passengers in 2016

20

Apr 2017

UK Transits Overtake Embarking Passengers in 2016

According to CLIA (Cruise Line International Association) the world market for ocean cruising increased by 4.4% in 2016 to reach 24.2 million passengers. Similarly, the European cruise market increased by 3.4% to reach 6.7 million passengers while the UK and Ireland market increased by 5.6% to reach 1.9 million passengers. On the face of it, it appears that the cruise market is growing at a...

Read More


11

Apr 2017

Slight improvement in defined benefit occupational pensions

Deficit of defined benefit occupational pensions declines Data released today by the Pension Protection Fund (PPF) shows that the aggregate deficit of the 5,794 defined benefit occupational pension schemes in the PPF 7800 Index decreased over the month to £226.5 billion at the end of March 2017, from a deficit of £242.0 billion at the end of February 2017. As a result, the funding ratio...

Read More


06

Apr 2017

Professional, scientific and technical services gaining ground

Professional, scientific and technical services on the up The turnover of professional, scientific and technical services companies experienced healthy growth of 7.3% in 2016 to reach £255.4 billion, with management consultancy and architectural/engineering services the two largest sectors of the market. Not only did these services experience strong turnover growth, they also grew their share of the UK economy. IRN Research estimate that in 2016,...

Read More


08

Mar 2017

UK Legal Services Revenue Declines in 2016 for First Time Since the Financial Crisis

The UK legal services market (including private practice firms, barristers, patent agents, and other legal services providers) was valued at an estimated £31.5bn in 2016 (Source: ONS) and this is a decrease from 2015. This is only the second annual decrease in the last decade with the previous one occurring during the financial crisis in 2009. The large law firms continued to see revenue growth ...

Read More


Modest rise in Accountancy turnover in November 2016

12

Jan 2017

Modest rise in Accountancy turnover in November 2016

Accountancy turnover grows slightly Having fallen by 4.2% in October 2016, compared with  October 2015, annual revenue growth for the accountancy professions improved in November 2016. The accountancy professions generated sales of £2,035 million in September 2016, compared with £2,016 million in November 2015, a rise of 1%. Sales in November 2016 were up compared with October 2016 (£1,930 million). Over the first ten months...

Read More


International Tourism Competitiveness

22

Dec 2016

International Tourism Competitiveness

International Tourism Trends International tourism figures for October 2016 from the Office of National Statistics (ONS) indicate a gloomy trend for the competitive position of UK international tourism. Overseas residents made 3.3 million visits to the UK, a decrease of 5% compared with October 2015. Expenditure by overseas residents suffered an even larger decline with 8% less expenditure in October 2016 compared with October 2015....

Read More


15

Dec 2016

Auto-enrolment passes the 7 million mark

Over 7 million employees with pension because of auto-enrolment Auto-enrolment (AE) which began at the end of 2012 has resulted in over 7 million employees gaining access to a workplace pension. Data from the Pension Regulator shows that by November 2016, 7.05 million employees had signed up to an AE pension. AE has radically changed the pension landscape in the UK and dramatically increased the...

Read More


Accountancy turnover declines again

22

Nov 2016

Accountancy turnover declines again

Accountancy turnover slips back Having risen by 3% in August 2016 compared with August 2015, annual revenue growth for the accountancy professions slipped back in September 2016. The  professions generated sales of  £2.01 billion in September 2016, compared with £2.07 billion in September 2015.  Sales in September 2016 were up compared with August 2016 (£1.74 billion) reflecting the normal seasonal pattern of sales. Over the...

Read More


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...

Read More



Page 1 of 3123