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 CommunityOur chart this week highlights how the BBC is struggling financially after incurring an operating loss of £0.3bn on the provision of public service broadcasting and the failure of commercial activities to contribute to the bottom line.
Matthew Rees, a director at the National Audit Office (NAO) with responsibility for procurement, sets out six key recommendations from his report on efficiency in government procurement of common goods and services.
The government has confirmed it will remove the VAT exemption for private school fees, and that the Office for Budget Responsibility (OBR) will assess all significant tax measures.
Our chart this week looks at how a declining fertility rate means the global population is now anticipated to reach a peak of ‘just’ 10.3bn in 2084, according to the UN.
A bumper King’s speech marked the state opening of parliament, containing 40 bills. These are the most relevant for business.
Our chart this week looks at how negative economic growth per capita over the last five years may have contributed to the recent change in government.
ICAEW has reached out to the Prime Minister and relevant departments offering support and outlining our priorities.
With a clear mandate to govern, Sir Keir Starmer’s Labour party must take swift action to encourage growth and investment, says ICAEW.