Keep up to date with the latest business and accountancy news in our weekly round-up…

UK would lose £130bn in growth in Brexit deal passed, figures suggest

Britain is on course to sacrifice as much as £130bn in lost GDP growth over the next 15 years if the Brexit deal goes ahead, according to government figures.

Almost half a million UK businesses in distress

There are now 40% more UK businesses in financial distress since the 2016 EU referendum, according to Begbies Traynor.

US set to impose tariffs on $7.5bn of EU exports in Airbus row

The US has been given the go-ahead to impose tariffs on $7,5bn (£6.1bn) of goods it imports from the EU.

PwC’s retired partners share £100m windfall

More than 1,000 former partners of PwC, including one who is now a senior member of the accounting industry’s regulator, have shared a windfall of £100m after a record year for profits at the business.

EY launches blockchain tool to help bring accountability to public finances

Professional services giant EY is using blockchain tech to assist governments in improving transparency and accountability in the management of public funds.