Breaking news from the BBC Paper tax returns to be replaced by digital by 2020

Read more...

Chancellor George Osborne delivers his last budget before the General Election

Read more...

Tax planning for 5 April 2015

Read more...

ABDS Budget Coverage 2012 22/03/12

Read more...

2012 to 2013 tax gap published

Read more...

UK Tax Datacard

Read more...

Contact Us
 
News Items
 
Tax Tips
 
Brilliant with numbers
Great with people
Clear and precise with advice
Timely and cost effective
In touch with issues that face our clients
Mindful of our client’s long term strategic goals
 
 
Helping Your Business is Our Business 

Call us now on 023 8083 6900 ABDS Home

News - 19 May 2014

UK Businesses More Focused

 The third annual Barometer on Change report, commissioned by consultancy firm Moorhouse, reveals 69% of fast-growth organisations expecting growth of 6% in the next three years, but slower growth companies still focused on cost reduction.

 
Tonmoy Kumar, Manager of the Accounts Department of ABDS comments:
“The research was conducted with 200 board members who are responsible for change initiatives within large UK multinationals and public companies. 38% of participants claimed they were focused on just one single market differentiator compared with just 9% in 2013 and 52% stated that they now had “extremely clear plans” for their company’s future.”
 
Organisations are also increasingly positive about future growth, with 69% expecting growth of at least 6% over the next three years, in comparison with just over half in 2013.
 
However, lower growth companies, those who grew less than 5%, only 35% of this group felt their strategy was “extremely clear” and 32% admitted they were still more focused on cost reduction, rather than investing in growth programmes.
 
Managing director of Moorhouse, Stephen Vinall, commented:
“Trying to be all things to all people is no longer seen as a viable or compelling strategy. As confidence in the economy grows, the smart organisations are shifting to a more focused portfolio of products and services.”
 
For those who are looking for a more personal approach on a range of issues, including Business strategy, business recovery, sale or acquisition, VAT and all other tax strategies, contact us at ABDS.
 
ABDS Chartered Certified Accountants of Southampton.
Tel: 023 8083 6900 E-mail: abds@netaccountants.net
 
Brilliant with numbers  
Great with people  
Clear and precise with advice
Timely and cost effective
In touch with issues that face our clients
Mindful of our client’s long term strategic goals
 
Helping Your Business is Our Business
 

« Back to News