The accounting sector’s turnovers increased 0.69 per cent from June to July, to heights of £3.54bn, figures from the Office for National Statistics (ONS) show.
The growth saw the sector’s revenues increase 16.65 per cent over the previous year, as accounting firms continued to profit from volatile economic conditions.
The industry’s surging revenues came as the entirety of the UK’s services sector saw its revenues drop six per cent from June to July to £227bn, amid a looming economic recession.
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