25-Dec-2020: Michael Izza, ICAEW Chief Executive, welcomed the UK-EU post-Brexit trade deal and the certainty around our future trading relationship with the EU. He added that no-one should underestimate the scale and complexity of the changes that companies will still need to cope with from 1 January.
22 December 2020: Welsh Finance Minister Rebecca Evans has set out plans to spend £22bn in the financial year commencing 1 April 2021.
22 December 2020: Despite a record hike in the overall number of UK redundancies, specialist accountancy recruiters remain upbeat for the sector, predicting an upturn in demand over the coming 12 months and salary increases buoyed by ongoing skills shortages.
22 December 2020: The government has responded positively to Sir Tony Redmond’s review into the effectiveness of external audit and transparency of financial reporting in local authorities, with some of the recommended reforms starting in 2021.
22 December 2020: ICAEW's response to the IASB’s Exposure Draft on General Presentation and Disclosures.
23 December 2020: The UK public sector incurred a £31.6bn deficit in November, bringing the total shortfall over eight months to £240.9bn. Debt reached an all-time high of £2.1tn.
21 December 2020: In November, ICAEW collaborated with The British Chamber of Commerce in Hong Kong to co-host a webinar with over a hundred attendees
21 December 2020: The key is responsible growth, insists Kenan Poleo, HM Deputy Trade Commissioner for Europe
18 December 2020: Plans for a simplified auditing standard for less complex entities moved a step closer this week
18 December 2020: Our last chart this year takes a look at how technology has advanced over the last forty years