Let’s start with a question: Was fraud prevention ever just a finance function? After 27 years working in fraud prevention across the private, public, and third sectors, I can confidently say the answer is no. Throughout my career, I’ve seen fraud fall under the remit of Audit, Risk, Legal, Compliance, Governance, Security, the Chief Information Security Officer (CISO), and, yes,
A month ago, all the economic buzz was about the Chancellor’s Spring Statement and the real-world implications as the significant cost hikes from the Autumn Budget finally landed with a shuddering thud onto the business models of UK companies. That seems a lifetime away already, as attention has moved on from more parochial considerations to the global trade turmoil unleashed on
In an unwelcome verification of the Chancellor’s repeated reminders that we are living in a ‘changing world’, within hours of her Spring Statement her fiscal goal posts were facing an unceremonial relocation by the threat of 25% tariffs on all motor vehicles and parts exported into the USA. This followed hard on the heels of post-Statement observations by numerous economists
How will America’s ‘Liberation Day’ hit UK businesses? After weeks of increasingly fevered speculation, we finally know how the main thrust of the pivot towards protectionism in the US might affect the UK economy and what UK exporters will have to deal with: Tariffs will be charged at 10% on all goods exported by the UK to the USA, with
Major fiscal events are always a game of winners and losers. This Spring Statement was no different, though given the weak state of the UK economy and global uncertainty this was an even more precarious financial tightrope balancing act than many. The urgent need to boost defence spending was largely dealt with through the controversial slashing of the international aid
The mood for the UK economy may be somewhat less than positive as it lurches sluggishly just above and below the zero-growth line, but our parochial worries pale into insignificance set against the implications of what is unfolding in Washington. Running a business, never mind planning for and investing in its future when global trade relationships and tariffs are being
