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.
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.
22 December 2020: The government has responded positively to Sir Tony Redmond’s review into the effectiveness of external audit and transparency of financial reporting in local authorities, with some of the recommended reforms starting in 2021.
23 December 2020: The UK public sector incurred a £31.6bn deficit in November, bringing the total shortfall over eight months to £240.9bn. Debt reached an all-time high of £2.1tn.
17 December 2020: Rishi Sunak has confirmed that Budget 2021 will take place on 3 March and will provide further information on COVID-19 support packages.
Understand how the work of the National Infrastructure Commission might practically impact on infrastructure and investment decisions.
Local authorities across the UK are facing a grave threat to their finances.
More than eight out of 10 English councils providing adult social care services are at technical risk of bankruptcy.
Policymakers should ensure the burden of rebuilding is shared equally and not unfairly borne by the young, writes Mark Rowland.
This free series of webinars aims to raise awareness of what acting as a NED in the Public Sector really means, the types of roles available and the process of becoming a NED. There are many benefits that ACA qualified accountants can reap from the variety of roles available, learn what you could get out of giving something back.
Government financial support in response to the pandemic has created ideal conditions for fraud to flourish around the world. Once again, accountants are on the frontline, finds Christian Doherty.
Alison Ring FCA, ICAEW Director, Public Sector, discusses why she is aiming to make the public sector more of a mainstream option for accountants.
ICAEW welcomes the publication of the Whole of Government Accounts for 2018-19, the UK Government’s annual financial report for the year ended 31 March 2019.