Members working in or with the public sector will find ICAEW’s specialist resources more valuable than ever in the pandemic.
Public sector bodies have stepped up during the pandemic and many nations have reason to be immensely proud. But responses to COVID-19 have inevitably put pressure on public services and public sector finances that may take some years to recover from.
Public sector debt in the UK grew by a third of a trillion pounds – £333.5bn – in just nine months, hitting an all-time high of £2.13trn in December 2020. It’s a figure that will have leapt up again by the time you read this and is unlikely to diminish any time soon.
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