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Some of ICAEW’s directors and I have been meeting in recent weeks with leading CFOs, accountants in business and academics to discuss our recent report, The Finance Function: A Framework for Analysis. We feel that the report is helping people think...
We briefed MPs on changes to Child Benefit announced in the UK budget a few weeks ago, and yesterday this made headlines.
We think that the proposed changes to child benefit are a policy disaster, in danger of becoming a pract...
We have just published an ICAEW report on The Impact of the Eurozone Crisis on UK Business. While this is a survey of our members based here in Britain the lessons apply to businesses across the Eurozone.
At present most UK companies ha...
We have just published the ICAEW Annual Review for 2011, and as you will see the headlines are positive. Member and student numbers are up and income has grown, despite a tough economic backdrop in many parts of the world.
I would like ...
Two bills were announced in the Queen’s speech last week that will make major changes to the UK’s banking and business landscape.
The Banking Reform Bill will split retail and investing banking parts of banks, using a ring-fence, and may...
Today Chartered Accountants’ Hall is hosting the ICAEW Finance Directors’ Conference.
It’s themed around the many hats an FD has to wear, because of more open business cultures, a faster pace of change and new technologies. In other wor...
David Cameron’s remarks in Monday’s Daily Telegraph that he doesn’t want the coalition to be seen as just another “bunch of accountants” are uninformed and ill judged.
In my view, he fails to appreciate the significant contribution that our pr...
Business confidence is up and GDP growth could be back to 0.6%, but 2012 continues to look like a year of uncertainty for the UK economy.
The latest ICAEW/Grant Thornton Business Confidence Monitor (BCM) shows an upturn in confidence bu...
The depressing weather today was further compounded by the fact that GDP had fallen in Q1 and that we are technically in recession.
Some economists have doubted the severity of the decline (-0.2%) but the ICAEW/Grant Thornton Business ...
The Financial Services Bill, which breaks-up the Financial Services Authority, has been keeping us busy at ICAEW.
With around 25,000 of our members working in Financial Services, and with wider implications for the public, we see this B...
A bill that will help large companies and international competitiveness, but will do little for SMEs, is ICAEW’s verdict on the Finance Bill in parliament last week.
Of course, in the long term, international competitiveness is critical. W...
Today’s announcement by the Legal Services Board (LSB) of a call for evidence on making will writing and estate administration reserved legal services alongside probate will, I’m sure cause some concern for ICAEW Chartered Accountants who currently ...
As the crisis in confidence in markets diminishes, there is another fast replacing it – a crisis in confidence in governments.
Trust in governments has taken a beating since the bank bailouts and events in Greece, Ireland, Portugal and Spain al...
The proposed caps on tax reliefs set out in the Budget show that this Government is determined to tackle tax avoidance. The proposed cap, at 25% of income or £50,000, whichever is greater, suggests the Government is aware of some tax avoidance schem...
Last weekend (Saturday) saw the official operational closure of the Regional Development Agencies (RDAs).
The RDAs have been in existence for a long time and some valued experience and expertise will of course be lost.
The ...