How will the Budget impact the housing market?

How will the Budget impact the housing market?

Professor Joe Nellis is economic adviser at MHA, the accountancy and advisory firm. The latest Halifax House Price Index shows that UK property values grew by only 0.7% year-on-year in November. The market has moved away from the sharper declines seen in late 2023 but the recovery remains gradual, uneven…

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From karate coach to balance sheets: Lewis kicks off accountancy career with MHA

karate instructor gave his coaching job the chop to kick-start a new career in accountancy. Just three years later, Lewis Scobie, of accountancy and business advisory firm MHA, has become a chartered accountant after successfully passing his ACCA exams. A 4th dan black belt, Lewis took up karate at the age of five…

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Budget 2025: what the changes mean for individuals and business owners

Whilst income tax rates have continued to diverge in Scotland in recent years, this mainly applies to earned and rental income. Savings and dividend income remain taxed at UK rates, so the 2% increase proposed in Budget 2025 will directly affect Scottish taxpayers in these areas. The changes apply to…

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Business needs a bold Budget reset to ignite growth

Professor Joe Nellis is economic adviser at MHA, the accountancy and advisory firm.  With the Budget just around the corner, the business community urgently needs to see a decisive shift in strategy. After several years of disappointingly weak economic growth, falling corporate investment, and heavy cost pressures, this Budget must…

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Dean Alexander Hughes appointed new Head of Business Consulting at MHA

MHA has announced the appointment of Dean Alexander Hughes as Head of Business Consulting. This a new role for the firm and highlights its ambitious plans for advisory. Dean will be working alongside new colleagues in the UK and across MHA’s international footprint, helping clients optimise their businesses today and…

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MHA announce interim revenues up 13%

·       Revenue increased to £121.3m in the six-month period up 13.2% from H1 FY 25 ·       Increase as a result of organic (9.2%) and acquisitive growth (4%) ·       Adjusted underlying EBITDA: up 11% to £21.9m from £19.7m) ·       Adjusted profit before tax: up 8.8% to £18.5m from £17m ·       MHA…

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Public sector borrowing continues to grow, intensifying pressure ahead of the Autumn Budget

Professor Joe Nellis is economic adviser at MHA, the accountancy and advisory firm. Public sector borrowing came in at £17.43bn for October, painting a challenging picture for the public finances and reinforcing the fiscal squeeze facing the Chancellor ahead of the Budget. Despite signs of improving economic momentum in some…

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Slow growth creates challenges, but the Chancellor must see the Budget as an opportunity

Professor Joe Nellis is economic adviser at MHA, the accountancy and advisory firm. The UK economy grew by only 0.1% in Q3, confirming that Britain remains stuck in a pattern of stable but low growth. After a strong rise in GDP of 0.7% in Q1, momentum has slowed. Services kept…

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Unemployment hits 5% as uncertainty rules the day

Professor Joe Nellis is economic adviser at MHA, the accountancy and advisory firm. The UK labour market has shown worrying signs of loosening, with unemployment jumping to 5% in the three months to September — the highest rate since May 2021. Job vacancies remained largely static at 723,000, a 12%…

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Housing market caught between stability and strain as the Autumn Budget looms

Professor Joe Nellis is economic adviser at MHA, the accountancy and advisory firm. The Halifax House Price Index reveals a housing market caught between stability and strain. A rise in prices of 0.6% in October shows resilient demand but year-on-year growth of 1.9% is one of the weakest paces in…

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