As the UK Budget gets closer, ACCA (the Association of Chartered Certified Accountants) has polled its UK members asking the question:
The £20 banknote carrying the portrait of composer Sir Edward Elgar is to be finally withdrawn from circulation from 30 June this year. This note has been gradually replaced by the Adam Smith £20 which was introduced in 2007.
Sir Andrew Cahn, Chief Executive of UK Trade & Investment (UKTI) will this week visit Indonesia, one of UKTI’s priority high growth markets, where he will support the Government in its stated aim of opening up to foreign investors.
E.ON has announced that it is cutting prices by 6% or £47 for gas with effect from 31st March. Direct debit customers will see a £42 saving. It is the third of the big six suppliers to announce a cut so far this year and the reduction will see its average annual dual fuel bill drop from £1,232 to £1,185.
Government should set out clear and timely plan for restoring fiscal credibility and nurturing growth
Ahead of the Chancellor’s Budget, expected this month, the British Chambers of Commerce (BCC) has today published its latest Economic Forecast. The business group maintains a prediction of 1.0% GDP growth in 2010, but it has downgraded its growth expectations for 2011 because the obstacles to a sustained medium-term recovery now appear greater.
The Taxpayers’ Alliance is using ‘retread’ arguments in the debate over local government pensions, Unite, the largest union in the country, said yesterday.
The Chartered Institute of Public Finance and Accountancy (CIPFA) and the ICAEW have jointly developed a new qualification for finance professionals working in the public sector that covers both International Financial Reporting Standards (IFRS) and their public sector equivalents, International Public Sector Accounting Standards (IPSAS).
Businesses in England and Wales, already reeling from an 11% hike in their rates bills, stand to lose out on refunds potentially totaling over £1 billion if they do not act before the 31st March.
In a scheduled announcement, the Bank of England has again held its interest rate at 0.50%. Even the most optimistic of forecasters do not see an increase in UK rates until the final quarter of this year. The Bank also kept their quantitative easing programme on hold, leaving the budget at £200 billion.