Brown's £20bn business boost plan flawed says NAO
Prime minister's plans to fuel productivity by £16bn by cutting the administrative burden on businesses by £4bn 'overcooked'
Prime minister's plans to fuel productivity by £16bn by cutting the administrative burden on businesses by £4bn 'overcooked'
A senior NAO figure has warned that Gordon Brown’s ambitious plans to raise
business productivity by £16bn are ‘overcooked.’
The prime minister has proposed a major overhaul which would lift the
administrative burden on UK companies by £4bn and lead to increase productivity
of £16bn, but his calculations have been called into question.
In an interview with
the
Financial Times Ed Humpherson, an assistant auditor general of the
National Audit Office said:’The £16bn figure is probably a bit overcooked,’ he
said. ‘It’s an extremely difficult assertion to make.’
Further reading:
NAO
to probe government’s Rock rescue
In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...
View resourceIn recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...
View resourceIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceThe first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...
View resourceThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleThis follows an investigation into undisclosed personal loans and issues with an acquisition. Despite challenges, the company aims to achieve £1bn in ...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleThere is optimism that the IPO market will rebound in the second half of 2024, driven by pent-up demand and potential improvements in economic conditi...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleKPMG confirms reappointment of it's UK chair, while EY announces Janet Truncale as the next EY global chair and CEO Read More...
View articleThe ICAEW has announced the appointment of its forthcoming chief executive Read More...
View articleThe FRC has announced Richard Moriarty as its new chief executive, replacing Sir Jon Thompson Read More...
View article