Accessibility links

  • Skip to content
  • Accessibility Help

You are using an outdated browser. Upgrade your browser today for a better experience of this site and many others.

Click button to open menu
  • Home
  • About Us
    • About The Firm
    • Company History
    • Why Choose Us?
    • Meet the Team
    • Join the Team
    • Mission Statement
    • Corporate Social Responsibility
    • The Finnies App
  • Services
    • Services for Business
      • Overview
      • Accountancy
      • Auditing
      • Bookkeeping
      • Business Growth
      • Company Secretarial
      • Corporate Finance Services
      • Exit Planning
      • Human Resources Support
      • Payroll
      • Rescue & Recovery
      • Succession Planning
    • Services for Individuals
      • Overview
      • Retirement Planning
      • Self Assessment
      • Wealth Management
    • Tax
      • Overview
      • Personal Tax Planning
      • Corporate Tax
      • Estate and Inheritance Tax
      • Capital Gains Tax
      • HMRC Investigations
      • VAT Advice
      • International Tax
    • Cloud Accounting
      • Overview
      • QuickBooks Online
      • Xero
      • Making Tax Digital – What does it mean to me?
  • Specialisms
    • Manufacturing
    • Academies
      • Overview
      • Audit
      • Payroll Services
      • Responsible Officer Duties
    • Musicians
      • Overview
      • For You Personally
      • Incorporation of Your Business
      • Overseas Engagement
      • VAT Registration
  • Resources
    • Your business
      • Overview
      • Developing your business
      • Essentials
      • Limited companies
      • PAYE, NICs and benefits
      • Starting a business
      • VAT
    • Your money
      • Overview
      • Personal taxation
      • Savings & investments
    • Tax information
      • Overview
      • Autumn Budget
      • Spring Statement
      • Tax calendar
      • Tax rates and allowances
    • Guides
    • Tax strategies
      • Overview
      • Tax and financial strategies 2025/26
      • Strategies for your business
      • Exiting your business
      • Tax and employment
      • Planning for yourself and your family
      • Making the most of savings and investments
      • A comfortable retirement
      • Tax-efficient estate planning
    • Interactive tools
      • Overview
      • Calculators
      • Companies House forms
      • HMRC forms
      • Links
    • IRIS OpenSpace
  • Blog
    • Blog
    • Business News
    • Hot Topics
  • Contact Us
finnies
Facebook X LinkedIn Google+ YouTube
01482 861919 enquiries@finnies.org.uk

UK economy grows at end of 2024

  1. News
  2. Business News
  3. Archive

13 Feb 2025

The UK economy grew by 0.1% in the final quarter of 2024, according to the latest data from the Office for National Statistics (ONS).

The growth was driven by the construction and services sectors, the ONS said.

The UK economy grew by 0.4% in December after strong performances from services and production.

The figures were 'encouraging', said Ben Jones, Lead Economist at the Confederation of British Industry (CBI).

Mr Jones added: 'Today's figures underline how important the government's renewed focus on growth is. Much of the innovation and investment necessary to drive economic growth will come from business leaders across the UK.

'They want to see a government fired up to move from positive words to ambitious delivery, working with business to create the right environment for investment and expansion.

'Whether that's the Industrial Strategy, or reforms to business rates and the Apprenticeship Levy: by prioritising these the government can unlock much needed private sector investment and deliver on its clear vision to kickstart the economy in 2025.'

Latest news stories

14 Jul 2025

HMRC warns of Winter Fuel Payment scams

HMRC has issued a warning to be on high alert for scams linked to Winter Fuel Payments after receiving 15,100 reports of bogus activity in June.

11 Jul 2025

UK economy shrank in May

The UK economy shrank in May, according to latest figures from the Office for National Statistics (ONS).

10 Jul 2025

Harsh personal guarantees will chill growth ambitions, warns FSB

Personal guarantees risk holding back the growth the economy needs, the Federation of Small Businesses (FSB) has warned.

Connect with us

Facebook LinkedIn X Google+ YouTube
Copyright

© 2025 Finnies Chartered Certified Accountants. All rights reserved.

We use cookies on this website, you can find more information about cookies here.
Address
Finnies Chartered Certified Accountants, 4-6 Swaby's Yard, Walkergate, Beverley HU17 9BZ

Please call:
01482 861919

Or email us:
enquiries@finnies.org.uk

Quicklinks

Home | Contact Us | Site map | Accessibility | Legals and Disclaimer | Help |

XERO logo quickbooks.png
Reviews and Ratings for accountant Neil Tomlin, Hull