Responding to recent import and supply chain challenges, on 17 January 2024 the UK government launched the Critical Imports and Supply Chain Strategy, an initiative aimed at improving the nation's ability to adapt to global disruptions in the face of adversity. ...
On 26th November, HMRC's Department for Business & Trade unveiled its much-anticipated Advanced Manufacturing Plan. This plan was released shortly after the chancellor announced £4.5 billion in funding for growth and innovation in the manufacturing sector. The...
Challenges for the manufacturing sector in 2024 As we start 2024, the manufacturing industry finds itself at a crossroads of various customer demands, technological advancements and sustainability imperatives. Whilst this may present opportunities, it will also leave...
Cutting-edge R&D projects for batteries, self-driving and the automotive industry are set to receive over £50 million in grant funding from the UK government. The government is aiming to drive innovation in areas such as self-driving technologies and energy...
Managing and investing charity funds is a delicate balancing act. Trustees have a responsibility to ensure that funds are invested in a manner that aligns with the charitable purpose of the organisation whilst maximising returns. On 1st August 2023, the Charity...
On 16th May, the IASB published guidance regarding the effects of climate related matters on financial statements prepared in accordance with the IFRS for SMEs financial statements. Full guidance can be found here. The guidance contains examples of areas where...
The government is currently consulting on various options to simplify non-financial reporting rules indicating consideration of the appropriateness of the current company thresholds. The Department for Business and Trade (DBT) and Financial Reporting Council (FRC) are...
Whether mandated by statutory, or if your company falls below the Companies Act size threshold for an audit, there are many benefits to conducting an audit of your financial statement. Although many organisations see audit as a necessary compliance evil, many entities...
There have been UK skills shortages for some time, particularly across the manufacturing and engineering sectors. However, since the pandemic, these skills shortages have spread into other sectors, including hospitality and professional services. In this article, we...
Responding to recent import and supply chain challenges, on 17 January 2024 the UK government launched the Critical Imports and Supply Chain Strategy, an initiative aimed at improving the nation's ability to adapt to global disruptions in the face of adversity. ...
On 26th November, HMRC's Department for Business & Trade unveiled its much-anticipated Advanced Manufacturing Plan. This plan was released shortly after the chancellor announced £4.5 billion in funding for growth and innovation in the manufacturing sector. The...
Challenges for the manufacturing sector in 2024 As we start 2024, the manufacturing industry finds itself at a crossroads of various customer demands, technological advancements and sustainability imperatives. Whilst this may present opportunities, it will also leave...