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.
Which emergency COVD-19 initiatives have been implemented by national governments around the world and what are their impacts?
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19 February 2021: Congressional Budget Office expects a decade of trillion-dollar deficits as the US public finances are hit by the pandemic.
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.
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?
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.
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.
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.
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.
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.
26 October 2020: The National Audit Office has published reviews of the cost of employment support schemes and the financial exposure to Bounce Back Loans implemented in response to the pandemic.