Many ICAEW members work in or with the public sector to deliver public priorities and strong public finances. ICAEW acts in the public interest to support strong financial leadership and better financial management across the public sector – featuring transparency, accountability, governance and ethics – to ensure that public money is spent wisely and that public finances are sustainable.
Join the Public Sector Community15 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.
8 January 2021: This week’s chart shows that the UK’s economy represents just over 3% of global GDP, demonstrating its relative prosperity given this is generated by just under 1% of the world’s population.
7 January 2021: Following a webinar with HMRC’s Jim Harra last year, ICAEW’s series on how to be a non-executive director in the public sector continues in 2021.
7 January 2021: The government’s long-awaited investment strategy seeks to provide a coherent long-term vision on how to upgrade the UK’s economic infrastructure.
6 January 2021: A review has severely criticised Nottingham City Council over the failure of Robin Hood Energy, while Merton Council wound up its affordable housing subsidiary before building even started to cut short its losses.
4 January 2021: ICAEW is running a webinar series on the important role non-executive directors play in the public sector and how chartered accountants can add valuable insight and gain rewarding experience via such roles.
4 January 2021: Audit Wales has issued reports on the 2019-20 Welsh government accounts, extra funding provided to NHS Wales, and progress against equality objectives.
22 December 2020: Welsh Finance Minister Rebecca Evans has set out plans to spend £22bn in the financial year commencing 1 April 2021.