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Fiscal policy

Which emergency COVD-19 initiatives have been implemented by national governments around the world and what are their impacts?

Don't miss out on our daily summary of the actions governments are taking to combat the impact of the virus on their populations and the global economy. We also produce daily summaries of the actions that regulators are taking and how global business and markets are recovering from the pandemic.

Budget 2021: bring businesses back from the rates cliff edge


1 March 2021: Extending the business rates holiday for struggling companies in the retail, hospitality and leisure sectors should be a key announcement in next week’s Budget speech, a poll of chartered accountants has found.

Chart of the week: Global demographics


15 January 2021: This week’s chart is on demographics, highlighting the major differences in the age structure of populations between continents and the different challenges this presents for managing public finances.

Chart of the week: Government bond yields


11 December 2020: Ultra-low or negative yields provide governments with an opportunity to borrow extremely cheaply, but what will happen if and when interest rates rise?

Chart of the week: Spending Review 2020


27 November 2020: In the wake of the government’s Spending Review, this week’s chart focuses on the bigger picture and looks at the scale of public spending in relation to the size of the overall economy.

Chart of the week: Ireland Budget 2021


20 November 2020: The #icaewchartoftheweek takes a look at the Irish Government’s fiscal plans for 2021 and how it plans to tackle the twin headwinds of COVID and Brexit.

ICAEW writes to Chief Secretary on Spending Review priorities


16 November 2020: Alison Ring, ICAEW’s director for public sector, has written to the Chief Secretary to the Treasury ahead of the Spending Review to stress the importance of investment in infrastructure, data and financial management.

Have business rates served their time?


4 November: Alongside outlining how business rates could be modernised, ICAEW has suggested that a “fundamental rethink” of property and business tax is needed for a long-term solution.

Chart of the week: US federal deficit


30 October 2020: The US federal government spent $3.1tn more than it received in the year to 30 September 2020, more than three times the $1.0tn deficit incurred in 2019.

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