If you wanted to look for a sure sign that there’s something wrong with the economy forget skirts getting longer in the City or whether all the taxis are full.
Instead just look at the accountancy institutes and their financial performance.
In fact, recent results from the ICAEW and CIMA almost forced TS down the dole office to register for work.
An operating loss of #600,000 has been posted by the ICAEW, just a year after making #3.7m, while CIMA’s deficit stands at #322,000.
Now it strikes TS that if the chaps who profess to be business experts can’t get it right what hope is there for anyone else?
We don’t want to be seen as doom mongers but if this is a sign of the future, that second holiday in Malaga later this year seems a little extravagant.
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.
Kevin Reed discusses whether new accountancy group Cogital can rival the Big Four...and its likely direction of travel