As we plunge into the festive season, the business news continues to be dominated by reverberations from the Budget. There has been a stream of grim warnings about job cuts and closures from prominent business leaders in the sectors, which will be most seriously affected. UKHospitality predicts a £3bn annual hit from next April, while the British Retail Consortium is
The announcement of the economic prosperity deal between the USA and the UK has generated much political and media ballyhoo. Despite the euphoria, cooler heads in many UK manufacturing sub-sectors are discounting the comments from the two countries’ leaders and their senior advisers, and instead they are scouring the detail-lite four and a half page deal document for anything tangible
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
