‘Own goal’ – City chiefs warn Healey higher bank taxes hurt jobs outside London Economics Top City chiefs are launching last-ditch attempts to stop a punishing tax raid on banks at the Budget, warning the move will hurt jobs and growth outside of London. Rain Newton-Smith, the chief executive of the CBI, is set to warn Chancellor John Healey that increasing taxes on banks would be an “own goal for [...]
Why finance needs new tools to unleash its teams Sponsored Traditionally, finance functions have largely operated in a hindsight frame of mind. Reports, reconciliations, and audits are retrospective views of cash flows, forecasts are projected from what happened over the last year or quarter, and even something as basic as an expense request often authorises a payment after the fact of purchase. That operating context, [...]