Investment managers face difficult decisions given present inflationary headwinds, with certain types of investments faring better than others. With inflation at a 40-year high, what strategies are being deployed by fund managers to negate its impact?

Interest rates had gone up sharply, and households and businesses were feeling the pain. Inflation was in double figures, partly under the impact of soaring energy prices, and the government was under pressure. In response, the chancellor announced a change that sent shudders through the banking sector.

On September 23rd, Kwasi Kwarteng, who had been appointed as Chancellor of the Exchequer just 17 days earlier, held what he called a ‘fiscal event’…and quite the event it turned out to be.

We have been through the most extraordinary period of political, economic and market instability, including the replacement of a chancellor, Kwasi Kwarteng, after less than 40 days in office.

The current cost of living crisis presents an extraordinary challenge for firms and regulators to address a rapidly developing situation in an environment of political uncertainty.

After the early 1970’s budgets from Anthony Barber, ‘Barber boom’ acquired textbook status of how not to engage in fiscal largesse. Yet have we done it all over again?

The Conservative Party, sometimes said to be one of the world’s most effective election-winning machines – a reputation that may be tested at the next general election in 2024 – is also quite good at reinventing itself.

This updated factsheet outlines the hedge accounting requirements of IFRS 9 Financial Instruments, comparing them with those of IAS 39. It also contains practical tips to help with implementation.

This factsheet highlights new and modified requirements for preparers of IFRS accounts for accounting periods beginning on or after 1 January 2021, as well as the implications of COVID-19, Brexit and climate change.

Grant Thornton Head of Risk and Finance Assurance, Retail Banking Shuvo Banerjee looks at how the new accounting standard has impacted bank risk models.

Banking’s UK inflation predictions have come thick, fast and as high as a staggering 22%, but far from a casual observer the sector can expect an at best mixed bag of its own side effects from sky high prices.

The banking world is moving into a recession-proofing mode at a time that rising interest rates are driving up bank’s income but the UK’s consumers and businesses face 18 per cent inflation forecasts.

Paula Smith examines how a strong ethical approach can help financial services firms cope with the changing world of data management

The Audit and Assurance Faculty's roundup of new and updated legal and regulatory changes and guidance.