Displaying 1-10 of 644 results
Chancellor tightens screws to slow public finance deterioration
- Article
- 28 Mar 2025
Rachel Reeves used her first Spring Statement to set out a series of strict objectives to bring the public finances back under control.
Chancellor walks tightrope over uncertain landscape
- Article
- 27 Mar 2025
Despite welcome improvements to the OBR forecast and positive noises on defence spending and capital investment in the Spring Statement, the economy remains on shaky ground.
Technical round-up: March 2025
- Article
- 27 Mar 2025
This month’s top stories feature 300,000 people who no longer need to submit a tax return, 10 tax changes taking effect from this April, and HMRC launching a new agent query resolution service.
Proposed public sector accounting standards ‘could encourage greenwashing’
- Article
- 25 Mar 2025
The narrow definition of climate-related public policy programmes in the International Public Sector Accounting Standards Board’s latest exposure draft could increase the risk of greenwashing, warns CIPFA and ICAEW.
Infrastructure spend must be smart, as well as speedy
- Article
- 25 Mar 2025
ICAEW has revealed the results of a snap poll of members, confirming that the government must better focus its infrastructure investment or risk ‘displacing’ private sector funding.
Economic update: key trends ahead of the Spring Statement
- Article
- 24 Mar 2025
The UK economy endured a poor start to 2025 amid January’s financial market turbulence. ICAEW’s Economies Director Suren Thiru discusses the implications.
Public sector finances disappoint ahead of Spring Statement
- Article
- 24 Mar 2025
The shortfall between receipts and public spending reached £132bn in the 11 months to February – and is potentially on track to hit £150bn by the end of the financial year.
Chart of the week: Pre-Spring Forecast forecast
- Article
- 21 Mar 2025
Our chart looks ahead to next week’s Spring Statement by looking back at the fiscal forecast prepared by the OBR last October.
PAC says government flying blind on struggling council finances
- Article
- 19 Mar 2025
As the local audit crisis continues, the Public Accounts Committee warns government accounts are not focused sufficiently on long-term financial risks posed by climate change, rising health spending and geopolitical tensions.
Hundreds of local government bodies receive disclaimed audit opinions
- Article
- 17 Mar 2025
The impact of the latest backstop date has become clear as auditors were unable to provide substantive assurance on more than 200 accounts of local government bodies for the 2023-24 financial year.
Displaying 1-10 of 644 results