Global economy & markets
Spring budget focuses on support and growth opportunities for SMEs
The UK government’s budget looks to simplify the tax regime and enable more R&D investment support for small businesses.
Travel sector mulls green future, but tourists reluctant to pay
Sustainability is a key consideration for 24% of travellers, but only 5% to 10% are willing to pay at least a moderate surcharge for it, a survey found.
How companies are managing pay and rewards amid high inflation
Finance advises HR and leadership on what is possible for pay increases, rewards, and overall salary and people headcount costs.
UK businesses could save money under new data laws; FRC revises TAS 100
This week’s roundup examines developments in corporate reporting, along with an announcement on the UK’s sustainability partnership with Canada.
Economic optimism still low but improving; concerns about inflation remain
After hitting a historic low at the end of 2022, the outlook for the U.S. economy rebounded somewhat in February 2023, but inflation remains a concern, according to the first-quarter Business and Industry Economic Outlook Survey released by AICPA & CIMA.
Why global debt and supply chain risks are likely to linger
High interest rates and supply chain risks may lead to further uncertainty and economic headwinds over the next several years, a new report from S&P Global says.
The new Northern Ireland Brexit trade deal: What has been agreed
UK Prime Minister Rishi Sunak and European Commission President Ursula von der Leyen agreed to a Northern Ireland Brexit deal, subject to Parliamentary approval.
UK unveils scheme for energy-intensive companies; IESBA proposes code revisions
This roundup examines the UK government’s plan to support energy-intensive businesses and the IESBA’s exposure draft on tax planning.
To raise prices or not? Consumer goods makers weigh bets
After consistent price hikes, some consumer goods makers are pausing as they weigh consumer demand for their products.
UK employers expect to raise wages as recruitment challenges persist
Over half of employers expect to raise pay further to recruit and retain staff, but public sector pay rise expectations lag behind.
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