If Labour can’t cut taxes it could at least make them simpler Opinion Britain’s tax code is now among the most complicated in the world and businesses are left grappling with arbitrary distinctions that consume time and money. The King’s speech is a chance to reset the conversation, says Alan Vallance Ahead of the King’s Speech, the government faces a stark choice. It can continue layering new rules [...]
The UK stands on a precipice – this Budget must show government is on the side of business Opinion The message from British business could hardly be starker: we need stability, simplicity and long-term thinking – not another round of stop-start policymaking, says Alan Vallance The UK stands on a precipice. After years of sluggish growth and wavering confidence, businesses are clear: small tweaks and short-term gestures from government won’t be enough to turn [...]
Doing business in Britain is too difficult, too expensive and too uncertain Opinion Business confidence is at a three-year low and productivity has not improved for 15 years. It is businesses that policymakers must turn to – and fast – to get growth back on track, writes ICAEW chief executive Alan Vallance Whatever your political leanings, we can all agree that the UK faces a challenging economic context. Weak [...]
Carillion is ancient history. Seven years on, the audit profession has moved on January 15, 2025 Seven years on, the audit industry has moved on from Carillion. It's legislation that needs to catch up, writes ICAEW CEO Alan Vallance.