General

In her first column, ACCA President Orla Collins talks of the importance of helping people reach their full potential. “I would like to start my first column as ACCA President simply by saying hello, and by sharing my excitement at taking on this incredible honour. It’s the greatest privilege of my life, and I am […]

Innovative approach to the UK’s fiscal framework is a game changer and puts finance at the heart of government decision making, according to the ACCA. The UK Budget has announced a new approach to the fiscal framework, taking a public sector balance sheet approach for the first time. The ACCA has advocated for this development,

The UK professional body for accountants has joined global peers in making a public commitment to net zero emissions. The Institute of Chartered Accountants in England and Wales (ICAEW) yesterday announced it will sign a commitment to net zero emissions and create plans to achieve this, alongside a network of global accountancy bodies. The 13

The cost of living could rise at its fastest rate for 30 years, the government\’s forecaster has warned. Its latest forecast says inflation, which measures the change in the cost of living over time, is set to jump from 3.1% to an average of 4% in 2022. However, the Office for Budget Responsibility (OBR) says

The measures outlined in the Budget’s speech are welcome, but do little to address immediate cost and supply chain pressures. Chancellor of the Exchequer Rishi Sunak made some positive moves to support businesses and private sector growth in the Autumn Budget 2021, but there is a question of whether it’s really enough. Click on the

The Chancellor of the Exchequer presented his Autumn Budget to Parliament on Wednesday 27th October 2021. Setting out the government\’s tax and spending plans for the year ahead, Chancellor Rishi Sunak said his plans were focused on the \”post-COVID\” era and would pave the way for an \”economy of higher wages, higher skills, and rising

The Bank of England\’s new chief economist has warned that UK inflation is likely to hit or surpass 5% by early next year. Huw Pill told the Financial Times that the Bank would have a \”live\” decision to make at its next interest rate-setting meeting on 4th November. It follows recent comments from Bank of

Record job vacancies across many sectors of the economy may seem like good news for workers. But the reality is likely to be more nuanced. Sky News analysis has shown that despite the post-pandemic boom in job adverts, people looking for work may not be in the right places to fill them, with different regions

The UK economy grew by 0.4% in August as more people dined out, went on holiday and attended music festivals. The Office for National Statistics (ONS) said the services sector made the biggest contribution to economic growth in the first full month after all COVID-19 restrictions were lifted in England. It said arts, entertainment and