The World Bank issued this statement yesterday: The report from the lawyers who undertook the investigation for the World Bank to which that statement refers
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Sunak’s planning a fiscal rule, and they always end in tears
As the FT notes this morning, Rishi Sunak is planning a new fiscal rule. It will commit him to stop borrowing to fund day-to-day spending within
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HMRC’s tax gap measure suggests that its claims to be making the tax system easier to use are not justified
As I noted earlier today HMRC published their tax gap data for 2020 this morning. I have been distracted all day by other demands, but
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HMRC tax gaps
HMRC are issuing their tax gap data this morning. Unfortunately I will be committed for much of the day: comment will have to wait. But, if
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The FCA should not be encouraging people to take risk they do not want
I noted this opening paragraph to an article in the FT this morning: The Financial Conduct Authority has launched a push to encourage 1.7m people
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We need accounting for employees
The FT has reported today that: More than four-fifths of employees at PwC UK come from a higher socio-economic background, according to data that for
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China cracks down on financial bloggers
The FT has reported this morning that: China has launched a crackdown on financial blogs and social media, a move that risks exacerbating the difficulty
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The accounting profession is failing us all on climate change
The FT has this to say this morning: The research is by Carbon Tracker and I cannot, as yet, find it on their site, but
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The fictional markets in environmental assets that the financiers are dreaming up are not going to solve the climate crisis
One of the features of sustainable cost accounting that its critics are not to keen on is my suggestion that offsetting not be permitted within
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