This month we have launched the second stage of our disciplinary framework consultation, issued an invite for a live webinar on insolvencies in the energy sector and provided articles on how firms can stay vigilant against fraudsters targeting COVID-19 business support schemes, as well as looking ahead to our highly anticipated anti-money laundering film, All Too Familiar.
The move from fossil fuels to renewable energy and what it means for the world economies.
January’s public sector finance surplus of £2.9bn puts further pressure on Chancellor Rishi Sunak to increase support to households facing huge rises in energy prices
December’s deficit of £16.8bn saw both a rise in tax revenues and in interest on inflation-linked debt as pressure grows on the Chancellor to address energy price hikes and rising prices in the shops.
Our chart this week is about domestic energy prices and the Ofgem energy price cap rises expected in April and October 2022.
Following the incredible hike in wholesale energy prices, “the economic benefits of generating on-site renewable energy have never been greater”, says chartered accountant Christopher Trigg.
There’s a perception in the marketplace that implementing carbon-reducing technology comes at a high cost, but it could be as simple as redistributing your current energy spend.
ICAEW’s Public Sector Conference on 10 December ended with a rallying call from Tony Juniper CBE, chair of Natural England, leading one participant to say, “I am very much inspired to inject some energy into a cross-function sustainability group in my department”.
The requirement for large companies to report on their carbon and energy use (under the streamlined energy and carbon reporting or SECR requirements) has been in place since 2019.
This is the sentiment of Jeffrey Hales, Professor of Accounting, University of Texas at Austin, and Chair of the SASB Standards Board and Sector Chair for Financials and Renewable Resources and Alternative Energy.
The Minister for Business, Energy and Corporate Responsibility has said he believes the new National Security and Investment Act sends out the message that the UK is open for business to overseas investors.