Economy

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Small businesses in the UK are exempt from audit, and today the Department for Business, Innovation and Skills (BIS) confirmed that this includes businesses newly defined as small following changes to the accounting thresholds.

In a written stateme...

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The UK skills shortage is the single biggest issue highlighted in the latest snapshot of ICAEW chartered accountants’ views on the state of the economy.

Again and again the issue crops up – in discussions over levels of pay, the ability of companie...

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2016 looks like it will bring another year of contrasts across the region. Geo-politically there is optimism over the launch of the ASEAN Economic Community and its common market place as well as over the seemingly peaceful migration to an elected d...
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The Autumn Statement 2015 will probably be remembered more for George Osborne’s politically expedient U-turn on family tax credits and the production of Mao’s red book by the Shadow Chancellor, than for significant changes in the world o...

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The wave of interest in start-ups amongst bright, young Brits has been one of the big talking points in the business world in the 2010s.

It’s still too early to tell if the start-up boom was cyclical – driven by the rise in youth and ...
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The continuing shortage of skilled recruits and the impending referendum on Britain’s membership of the EU loom large on the list of concerns identified by chartered accountants from across the country.

The latest snapshot of ICAEW members’ views, ...

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I suspect that many of us are still working through the detail of what was one of the most complex Budgets I can remember. 

At a headline level it seems to me that much of what the Chancellor has done is shift cost from the state to the priv...
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In the month that the Climate Disclosure Standards Board launched its expanded framework to cover environmental and natural capital disclosure, our latest Economic Insights reports for Greater China, The Middle East and South East Asia turned the sp...

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When the Financial Times poured scorn on ‘breathless’ government claims earlier this year that the UK’s creative industries were worth £76.9bn (and 1.7 million jobs), did anyone outside of the Department for Culture, Media &a...
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Whatever you think about the general election result, financing growing companies and increasing investment should be high on the agenda of Sajid Javid, the new Secretary of State for Business, Innovation & Skills and Anna Soubry, the incoming...