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Accountancy insights

What does the Iran conflict really mean for British business?

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accountancy insights podcast padding
We’ve already seen immediate spikes and fluctuations in the oil price and the wider financial and commodity markets. But how will the UK economy be affected in the months to come and how heavy a price will British business pay? RSM Chief Economist Tom Pugh shares his thoughts.

Liz Barclay is Co-founder of Business 111, Special Adviser on Small Business & Entrepreneurship at the Institute of Directors and campaigner for tighter rules on late payments. She gives her views on the Government’s recently announced plans.

Finally, with demand growing for AI assurance, what does good actually look like?  Expert and Senior Programme Manager in Digital Ethics & AI at TechUK, Tess Buckley, fills us in.

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Host

  • Philippa Lamb

Guests

  • Liz Barclay, Co-founder of Business 111, Special Adviser on Small Business & Entrepreneurship at the Institute of Directors
  • Tess Buckley, Expert and Senior Programme Manager in Digital Ethics & AI at TechUK
  • Tom Pugh, RSM Chief Economist

Producer

  • Natalie Chisholm

Series Lead

  • Mark Rowland

Episode first published: 1 April 2026

Podcast recorded: 27 March 2026

All views expressed on this podcast are those of the contributors and don’t necessarily reflect those of ICAEW or its members.

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