<br />
INTELLIGENCE AND INSIGHT<br />
APRIL 2014 | ICAEW.COM/ECONOMIA<br />
THE SPACE RACE<br />
NAIMA SIDDIQUI<br />
SOCIAL INCLUSION<br />
ACRONYM ECONOMICS<br />
MIKE ROBERTS<br />
SAVING THE HIGH STREET<br />
ISSUE 26 | ACCOUNTANCY | FINANCE | BUSINESS<br />
THE<br />
POWER<br />
OF ONE<br />
GRANT THORNTON'S<br />
CEO, SCOTT BARNES,<br />
SAYS THE FIRM HAS TO<br />
STAND APART FROM<br />
ITS MID-TIER RIVALS<br />
SPECIALLY NEGOTIATED DISCOUNTS<br />
FOR ICAEW MEMBERS<br />
WAS SHE<br />
PUSHED<br />
OR DID SHE FALL?<br />
In the end it doesn't matter whodunnit or how it happened. We<br />
include accidental damage as standard, whether your prized<br />
possessions are in the home or out. Which means you're not<br />
being set up for a fall yourself should you need to claim.<br />
MEMBER<br />
REWARDS<br />
PARTNER Home Insurance<br />
<a title="Economia APRIL 14 page 1" href="http://viewer.zmags.com/publication/85b8e039?page=1"> INTELLIGENCE AND INSIGHT APRIL 2014 | </a>
<a title="Economia APRIL 14 page 2" href="http://viewer.zmags.com/publication/85b8e039?page=2"> SPECIALLY NEGOTIATED DISCOUNTS FOR ICAEW MEMBERS </a>
<a title="Economia APRIL 14 page 3" href="http://viewer.zmags.com/publication/85b8e039?page=3"> The accountancy profession is at a crossroads. Ne</a>
<a title="Economia APRIL 14 page 4" href="http://viewer.zmags.com/publication/85b8e039?page=4"> </a>
<a title="Economia APRIL 14 page 5" href="http://viewer.zmags.com/publication/85b8e039?page=5"> </a>
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<a title="Economia APRIL 14 page 7" href="http://viewer.zmags.com/publication/85b8e039?page=7"> </a>
<a title="Economia APRIL 14 page 8" href="http://viewer.zmags.com/publication/85b8e039?page=8"> ICAEW in this issue “Regulation needs to be propo</a>
<a title="Economia APRIL 14 page 9" href="http://viewer.zmags.com/publication/85b8e039?page=9"> COVER: NICKY JOHNSTON There is more technical in</a>
<a title="Economia APRIL 14 page 10" href="http://viewer.zmags.com/publication/85b8e039?page=10"> EDITORIAL ADVISORY BOARD Arthur Bailey FCA (Cha</a>
<a title="Economia APRIL 14 page 11" href="http://viewer.zmags.com/publication/85b8e039?page=11"> £ CONSIDERABLE BASEL III will ch</a>
<a title="Economia APRIL 14 page 12" href="http://viewer.zmags.com/publication/85b8e039?page=12"> In review THE INTERNATIONAL PICTURE 816 €m Rome's</a>
<a title="Economia APRIL 14 page 13" href="http://viewer.zmags.com/publication/85b8e039?page=13"> THE AUDIT Are Australian homebuyers being pr</a>
<a title="Economia APRIL 14 page 14" href="http://viewer.zmags.com/publication/85b8e039?page=14"> THE AUDIT CUBAN CIGAR </a>
<a title="Economia APRIL 14 page 15" href="http://viewer.zmags.com/publication/85b8e039?page=15"> </a>
<a title="Economia APRIL 14 page 16" href="http://viewer.zmags.com/publication/85b8e039?page=16"> THE AUDIT As I see it Since joining management c</a>
<a title="Economia APRIL 14 page 17" href="http://viewer.zmags.com/publication/85b8e039?page=17"> </a>
<a title="Economia APRIL 14 page 18" href="http://viewer.zmags.com/publication/85b8e039?page=18"> THE AUDIT Book reviews Richard Cree review</a>
<a title="Economia APRIL 14 page 19" href="http://viewer.zmags.com/publication/85b8e039?page=19"> Introducing CCH CRM – Your fast track to practice</a>
<a title="Economia APRIL 14 page 20" href="http://viewer.zmags.com/publication/85b8e039?page=20"> THE AUDIT From the top I recently met </a>
<a title="Economia APRIL 14 page 21" href="http://viewer.zmags.com/publication/85b8e039?page=21"> Asset Based Lending – We let our clients do the t</a>
<a title="Economia APRIL 14 page 22" href="http://viewer.zmags.com/publication/85b8e039?page=22"> Your clients needYOU! Auto enrolment is taking pl</a>
<a title="Economia APRIL 14 page 23" href="http://viewer.zmags.com/publication/85b8e039?page=23"> THE AUDIT GO FIGURE ICAEW has joined MPs and Nat</a>
<a title="Economia APRIL 14 page 24" href="http://viewer.zmags.com/publication/85b8e039?page=24"> I nsolvency practitioners have long </a>
<a title="Economia APRIL 14 page 25" href="http://viewer.zmags.com/publication/85b8e039?page=25"> THE AUDIT </a>
<a title="Economia APRIL 14 page 26" href="http://viewer.zmags.com/publication/85b8e039?page=26"> </a>
<a title="Economia APRIL 14 page 27" href="http://viewer.zmags.com/publication/85b8e039?page=27"> THE AUDIT The graph In our statistical portrait </a>
<a title="Economia APRIL 14 page 28" href="http://viewer.zmags.com/publication/85b8e039?page=28"> Michael Izza The limits of politics D </a>
<a title="Economia APRIL 14 page 29" href="http://viewer.zmags.com/publication/85b8e039?page=29"> OPINION TOP FIVE MOST READ STORIES</a>
<a title="Economia APRIL 14 page 30" href="http://viewer.zmags.com/publication/85b8e039?page=30"> OPINION Jason Cowley The irritant in the room M</a>
<a title="Economia APRIL 14 page 31" href="http://viewer.zmags.com/publication/85b8e039?page=31"> news and views. economia online has all the news </a>
<a title="Economia APRIL 14 page 32" href="http://viewer.zmags.com/publication/85b8e039?page=32"> Cathy Newman Truth is the first casualty on every</a>
<a title="Economia APRIL 14 page 33" href="http://viewer.zmags.com/publication/85b8e039?page=33"> OPINION Mitchell A Orenstein Votes first, then c</a>
<a title="Economia APRIL 14 page 34" href="http://viewer.zmags.com/publication/85b8e039?page=34"> “We had big, hairy, audacious goals” Grant Thornt</a>
<a title="Economia APRIL 14 page 35" href="http://viewer.zmags.com/publication/85b8e039?page=35"> “So I can see why they did it, and best of lu</a>
<a title="Economia APRIL 14 page 36" href="http://viewer.zmags.com/publication/85b8e039?page=36"> ambitious targets of £500m revenues by next year.</a>
<a title="Economia APRIL 14 page 37" href="http://viewer.zmags.com/publication/85b8e039?page=37"> COVER STORY SCOTT BARNES FTSE 100 in </a>
<a title="Economia APRIL 14 page 38" href="http://viewer.zmags.com/publication/85b8e039?page=38"> BRINGING BRITISH INDUSTRY BACK HOME More manufact</a>
<a title="Economia APRIL 14 page 39" href="http://viewer.zmags.com/publication/85b8e039?page=39"> with more than two-thirds seeing profits rise. </a>
<a title="Economia APRIL 14 page 40" href="http://viewer.zmags.com/publication/85b8e039?page=40"> What's in a word? Has grouping countries toget</a>
<a title="Economia APRIL 14 page 41" href="http://viewer.zmags.com/publication/85b8e039?page=41"> GLOBAL ECONOMICS Economist Jim O'Neill </a>
<a title="Economia APRIL 14 page 42" href="http://viewer.zmags.com/publication/85b8e039?page=42"> “I would a Russia belong group, a it's in the bec</a>
<a title="Economia APRIL 14 page 43" href="http://viewer.zmags.com/publication/85b8e039?page=43"> GLOBAL ECONOMICS There is, though, danger in wh</a>
<a title="Economia APRIL 14 page 44" href="http://viewer.zmags.com/publication/85b8e039?page=44"> GLOBAL ECONOMICS 3.8% 2.5% B 1.3% R</a>
<a title="Economia APRIL 14 page 45" href="http://viewer.zmags.com/publication/85b8e039?page=45"> SWITCH TO SMART THINKING The UK econo</a>
<a title="Economia APRIL 14 page 46" href="http://viewer.zmags.com/publication/85b8e039?page=46"> Can you trust an accountant? YES Mark Sp</a>
<a title="Economia APRIL 14 page 47" href="http://viewer.zmags.com/publication/85b8e039?page=47"> DEBATE YES Mark Spofforth </a>
<a title="Economia APRIL 14 page 48" href="http://viewer.zmags.com/publication/85b8e039?page=48"> DEBATE “In any group there will be a fe</a>
<a title="Economia APRIL 14 page 49" href="http://viewer.zmags.com/publication/85b8e039?page=49"> OPENING DOORS TO GLOBAL GROWTH OPPORTUNITIES </a>
<a title="Economia APRIL 14 page 50" href="http://viewer.zmags.com/publication/85b8e039?page=50"> The space race </a>
<a title="Economia APRIL 14 page 51" href="http://viewer.zmags.com/publication/85b8e039?page=51"> SECTOR PROFILE SPACE The UK space sec</a>
<a title="Economia APRIL 14 page 52" href="http://viewer.zmags.com/publication/85b8e039?page=52"> INNOVATOR'S FRUSTRATION The synergistic air-breat</a>
<a title="Economia APRIL 14 page 53" href="http://viewer.zmags.com/publication/85b8e039?page=53"> “Even if Reaction Engines got all the funding it </a>
<a title="Economia APRIL 14 page 54" href="http://viewer.zmags.com/publication/85b8e039?page=54"> READING BETWEEN THE LINES Budget 2014 analysis I</a>
<a title="Economia APRIL 14 page 55" href="http://viewer.zmags.com/publication/85b8e039?page=55"> ECONOMIA INVESTIGATES/CAN ACCOUNTANTS SAVE THE HI</a>
<a title="Economia APRIL 14 page 56" href="http://viewer.zmags.com/publication/85b8e039?page=56"> W hen it come</a>
<a title="Economia APRIL 14 page 57" href="http://viewer.zmags.com/publication/85b8e039?page=57"> a town's large shops are a long way apart, that d</a>
<a title="Economia APRIL 14 page 58" href="http://viewer.zmags.com/publication/85b8e039?page=58"> multi-channel trading where sales come both onlin</a>
<a title="Economia APRIL 14 page 59" href="http://viewer.zmags.com/publication/85b8e039?page=59"> EYEVINE, GETTY more up-to-date view of their fin</a>
<a title="Economia APRIL 14 page 60" href="http://viewer.zmags.com/publication/85b8e039?page=60"> Economics of energy reform Following the RBS/Nat</a>
<a title="Economia APRIL 14 page 61" href="http://viewer.zmags.com/publication/85b8e039?page=61"> SPONSORED FEATURE to let new entrant</a>
<a title="Economia APRIL 14 page 62" href="http://viewer.zmags.com/publication/85b8e039?page=62"> A LEG UP Encouraging social mobility is vital to </a>
<a title="Economia APRIL 14 page 63" href="http://viewer.zmags.com/publication/85b8e039?page=63"> RECRUITMENT </a>
<a title="Economia APRIL 14 page 64" href="http://viewer.zmags.com/publication/85b8e039?page=64"> “Diversity is not only indispensible and enrichin</a>
<a title="Economia APRIL 14 page 65" href="http://viewer.zmags.com/publication/85b8e039?page=65"> women than men, reflecting society as a whole.” A</a>
<a title="Economia APRIL 14 page 66" href="http://viewer.zmags.com/publication/85b8e039?page=66"> GO TEAM! 21 There are many analog</a>
<a title="Economia APRIL 14 page 67" href="http://viewer.zmags.com/publication/85b8e039?page=67"> THE ECONOMIA ESSAY THE 9-POINT GUI</a>
<a title="Economia APRIL 14 page 68" href="http://viewer.zmags.com/publication/85b8e039?page=68"> Ripe for success Just like a fine vintage, Ridgev</a>
<a title="Economia APRIL 14 page 69" href="http://viewer.zmags.com/publication/85b8e039?page=69"> PHOTOGRAPHY: BILL MORTON children put their live</a>
<a title="Economia APRIL 14 page 70" href="http://viewer.zmags.com/publication/85b8e039?page=70"> Are you protecting your most valued assets? </a>
<a title="Economia APRIL 14 page 71" href="http://viewer.zmags.com/publication/85b8e039?page=71"> Technical The top five Tax changes for salaried </a>
<a title="Economia APRIL 14 page 72" href="http://viewer.zmags.com/publication/85b8e039?page=72"> Key developments BUSINESS Ukrainian asset </a>
<a title="Economia APRIL 14 page 73" href="http://viewer.zmags.com/publication/85b8e039?page=73"> TECHNICAL UPDATES and expensive t</a>
<a title="Economia APRIL 14 page 74" href="http://viewer.zmags.com/publication/85b8e039?page=74"> Mopping up With businesses and homeowners counti</a>
<a title="Economia APRIL 14 page 75" href="http://viewer.zmags.com/publication/85b8e039?page=75"> TECHNICAL FLOOD RELIEF “If you have</a>
<a title="Economia APRIL 14 page 76" href="http://viewer.zmags.com/publication/85b8e039?page=76"> Sitting on the bench When benchmarks are undermi</a>
<a title="Economia APRIL 14 page 77" href="http://viewer.zmags.com/publication/85b8e039?page=77"> TECHNICAL BENCHMARKS proposal for th</a>
<a title="Economia APRIL 14 page 78" href="http://viewer.zmags.com/publication/85b8e039?page=78"> A different way to train Growing nu</a>
<a title="Economia APRIL 14 page 79" href="http://viewer.zmags.com/publication/85b8e039?page=79"> TECHNICAL QUALIFICATIONS ILLUSTRATION: ARON VELL</a>
<a title="Economia APRIL 14 page 80" href="http://viewer.zmags.com/publication/85b8e039?page=80"> Tapping the well Promoting employee wellbeing ma</a>
<a title="Economia APRIL 14 page 81" href="http://viewer.zmags.com/publication/85b8e039?page=81"> TECHNICAL HUMAN RESOURCES good pra</a>
<a title="Economia APRIL 14 page 82" href="http://viewer.zmags.com/publication/85b8e039?page=82"> Quantuma: Taking time to talk A personal service</a>
<a title="Economia APRIL 14 page 83" href="http://viewer.zmags.com/publication/85b8e039?page=83"> TECHNICAL PRACTICE PROFILE </a>
<a title="Economia APRIL 14 page 84" href="http://viewer.zmags.com/publication/85b8e039?page=84"> FD fails to declare interest and provisional memb</a>
<a title="Economia APRIL 14 page 85" href="http://viewer.zmags.com/publication/85b8e039?page=85"> TECHNICAL DISCIPLINARIES Report listings Th</a>
<a title="Economia APRIL 14 page 86" href="http://viewer.zmags.com/publication/85b8e039?page=86"> Life Alternative investments Love or m</a>
<a title="Economia APRIL 14 page 87" href="http://viewer.zmags.com/publication/85b8e039?page=87"> REX FEATURES</a>
<a title="Economia APRIL 14 page 88" href="http://viewer.zmags.com/publication/85b8e039?page=88"> £3,000 when new and will now go for between £5,00</a>
<a title="Economia APRIL 14 page 89" href="http://viewer.zmags.com/publication/85b8e039?page=89"> “There's an emotional element. Whether it's a new</a>
<a title="Economia APRIL 14 page 90" href="http://viewer.zmags.com/publication/85b8e039?page=90"> “While the figures are good, the environmental be</a>
<a title="Economia APRIL 14 page 91" href="http://viewer.zmags.com/publication/85b8e039?page=91"> And, generally speaking, it's the older books</a>
<a title="Economia APRIL 14 page 92" href="http://viewer.zmags.com/publication/85b8e039?page=92"> Restaurants Investing in food is all the rage </a>
<a title="Economia APRIL 14 page 93" href="http://viewer.zmags.com/publication/85b8e039?page=93"> Were he in business today, no doubt he would refu</a>
<a title="Economia APRIL 14 page 94" href="http://viewer.zmags.com/publication/85b8e039?page=94"> RECRUITMENT A better railway for a better Brita</a>
<a title="Economia APRIL 14 page 95" href="http://viewer.zmags.com/publication/85b8e039?page=95"> icaewjobs@icaew.com DIRECTOR OF FINANCE Salary</a>
<a title="Economia APRIL 14 page 96" href="http://viewer.zmags.com/publication/85b8e039?page=96"> DIRECTORY DEBT RECOVERY AND COMMERCIAL LITIGA</a>
<a title="Economia APRIL 14 page 97" href="http://viewer.zmags.com/publication/85b8e039?page=97"> LUCINDA RICHARDSON lucinda.richardson@progressive</a>
<a title="Economia APRIL 14 page 98" href="http://viewer.zmags.com/publication/85b8e039?page=98"> LIFE AFTER WORK </a>
<a title="Economia APRIL 14 page 99" href="http://viewer.zmags.com/publication/85b8e039?page=99"> HERE TO SUPPORT YOUR PROFESSIONAL DEVELOPMENT </a>
<a title="Economia APRIL 14 page 100" href="http://viewer.zmags.com/publication/85b8e039?page=100"> THE KEY TO AN EXTRAORDINARY LIFE IS QUITE LITERAL</a>