26 June 2020: NAO reports on challenges remaining to the Carrier Strike programme, including cost overruns since their last report in 2017.
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22 June 2020: The fiscal deficit of £103.7bn for April and May 2020 is over six times as large as the £16.7bn reported for the same period last year.
11 June 2020: A recent ICAEW webinar, led by consultants Touchstone Renard, highlighted the major challenges confronting the local public sector audit market at a time when greater scrutiny is more important than ever.
28 May 2020: huge economic shock combined with unprecedented fiscal interventions are driving a global and UK fiscal crisis.
27 May 2020: fiscal deficit of £62.1bn in April exceeds budget of £55bn for the whole of 2020-21.
22 May 2020: HM Treasury have issued an addendum to the 2019-20 Financial Reporting Manual (FReM) that set out new minimum reporting requirements for public sector bodies.