Like the pyramids, the mysteries of the Treasury are not easily explained. Any attempt to dissect the language of mandarins usually proves futile – a tongue rarely used outside of Whitehall and one designed to obscure not illuminate.
But perhaps this reputation, which usually prompts MPs to describe Yes Minister as a documentary, not a sitcom, is undeserved.
TS hears from an ex-government minister that former permanent secretary to the Treasury, Sir Terry Burns, was once able to cut to the quick when describing just what it was like to run the department.
‘It is rather like driving an old but very serviceable car,’ said Sir Terry, who retired just a year after the arrival of Gordon Brown as his boss. ‘The windscreen is cracked and the rear view mirror is blacked out. So you don’t know where you are going and only have a hazy idea of where you have been.’
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.