Description
In this Insights In Focus episode, we review the major events of 2022 and their contribution to ongoing economic uncertainty.
Despite inflation already beginning to rise, the year began with optimism, as tracked by the ICAEW Business Confidence Monitor. But events moved quickly and the effects of the invasion of Ukraine in February and successive political crises back home have challenged the resilience of businesses and individuals alike.
With Rishi Sunak and Jeremy Hunt now installed in Numbers 10 and 11, the year is closing with the new government’s promise of ‘Big Bang 2.0’ – a package of post-Brexit legislation designed to boost the financial services sector. But how far-reaching are the reforms and will they sufficiently differentiate the UK from Europe’s major financial hubs?
Host Philippa Lamb is joined by Frances Haque, Chief Economist at Santander UK; Iain Wright, ICAEW Managing Director, Reputation and Influence; and David Williamson, Political Editor at the Sunday Express.
Links
ICAEW Business Confidence Monitor
https://www.icaew.com/technical/economy/economic-insight/business-confidence-monitor-national
ICAEW Ukraine crisis: central resource hub
https://www.icaew.com/insights/insights-specials/ukraine-crisis-central-resource-hub
ICAEW inflation hub
https://www.icaew.com/technical/economy/inflation
ICAEW cost of doing business hub
https://www.icaew.com/technical/economy/cost-of-doing-business
ICAEW energy crisis hub
https://www.icaew.com/technical/economy/energy-crisis
Host
Philippa Lamb
Guests
Iain Wright, Managing Director, Reputation and Influence, ICAEW
David Williamson, Political Editor, Sunday Express
Frances Haque, Chief Economist, Santander UK
Producer
Natalie Chisholm
Episode first published: 15 December 2022
Podcast recorded: 8 December 2022
In this episode, we discuss important developments in corporate reporting, including amendments to UK GAAP, new standards IFRS18 and IFRS19, and the timeline for implementing IFRS S1 and IFRS S2. We also discuss the evolving VAT treatment of private hire vehicles as a result of recent court cases...
Published 06/05/24
In this ICAEW Insights In Focus episode, we discuss the use of artificial intelligence in audit. Depending on who you talk to, generative AI is either going to revolutionise the way auditors work or replace certain roles in the sector entirely. The truth probably lies somewhere in between. So,...
Published 05/29/24