RegulationAccounting StandardsRegional staff axed by ICAEW

Regional staff axed by ICAEW

Redundancies are set to take place in the ICAEW’s regional offices, however, the institute says the rationalisation of its sites is unrelated to the recession

Institute director of regions Charles Carter told its council last week that
nine sites providing routine admin services would be shut and services provided
from its Milton Keynes offices.

Some of its staff would move to Milton Keynes and all are currently in
consultation, however, Carter said there ‘will be redundancies’. The plans
should save it £150,000 a year.

A spokesman for the institute said a review of its regional operations had
taken place but this was not linked to the economic downturn.

‘We look at structures to make sure they’re appropriate as part of normal
business management ­ we do that regularly,’ said the spokesman.

However, the institute is undertaking a review of its 2009 budget to identify
sensitivities, according to its minutes, and a pay freeze has been implemented
for all staff.

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