IoD urges budget spending cutbacks
The Institute of Directors has urged chancellor Gordon Brown to cut his public spending plans instantly and cancel the rises in national insurance contributions in his forthcoming Budget.
The Institute of Directors has urged chancellor Gordon Brown to cut his public spending plans instantly and cancel the rises in national insurance contributions in his forthcoming Budget.
Link: Lunch time Budget on the cards
In its Budget submission, the institute recommends the changes as it believes Brown’s gamble on public services has failed and the countries economic prospects has worsened.
In today’s Financial Times, Ruth Lea, head of policy at the IoD, said the cutbacks were required as the large increases in spending on public services has so far failed to offer significant improvements. The IoD also believes that the government’s forecasts for public finances are too optimistic.
One of the biggest indicators of a possible gap in the forecasts actual revenues will come on Thursday when January’s tax revenue figures, which include self assessment monies, are published.
The numbers you crunch tell a story. Your expertis...
21yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn 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 resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
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 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 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 article