<br />
INTELLIGENCE AND INSIGHT<br />
APRIL 2015 | ICAEW.COM/ECONOMIA ISSUE 37 | ACCOUNTANCY | FINANCE | BUSINESS<br />
Fight for<br />
your right<br />
Multimillionaire barrow<br />
boy Barry Hearn<br />
on fortune, family and<br />
making his own way<br />
PRIVATE EQUITY<br />
THE PENSIONS<br />
REVOLUTION<br />
EUROPEAN<br />
ROAD TRIPS<br />
THE UK'S No.1<br />
FOR 50 YEARS<br />
Come and see our full range at the Commercial Vehicle Show.<br />
Birmingham NEC April 14th – 16th.<br />
Around the world, the<br />
worst of the recession<br />
is over and the global<br />
economy is starting<br />
to recover. But trust<br />
in business has been<br />
wounded and shows<br />
little sign of recovery.<br />
While it is easy to find commentators and<br />
experts able to suggest reasons for this<br />
dramatic loss of trust, or to highlight the<br />
many p<a title="Economia APRIL 15 page 1" href="http://viewer.zmags.com/publication/8dade2b9?page=1"> INTELLIGENCE AND INSIGHT APRIL 2015 | </a>
<a title="Economia APRIL 15 page 2" href="http://viewer.zmags.com/publication/8dade2b9?page=2"> THE UK'S No.1 FOR 50 YEARS </a>
<a title="Economia APRIL 15 page 3" href="http://viewer.zmags.com/publication/8dade2b9?page=3"> Around the world, the worst of the recession is o</a>
<a title="Economia APRIL 15 page 4" href="http://viewer.zmags.com/publication/8dade2b9?page=4"> ICAEW in this issue “Unless people have confidenc</a>
<a title="Economia APRIL 15 page 5" href="http://viewer.zmags.com/publication/8dade2b9?page=5"> PHOTOGRAPHY: DAN BURN-FORTI There is more techni</a>
<a title="Economia APRIL 15 page 6" href="http://viewer.zmags.com/publication/8dade2b9?page=6"> EDITORIAL ADVISORY BOARD Arthur Bailey FCA, (ch</a>
<a title="Economia APRIL 15 page 7" href="http://viewer.zmags.com/publication/8dade2b9?page=7"> £ CONSIDERABLE BASEL III will ch</a>
<a title="Economia APRIL 15 page 8" href="http://viewer.zmags.com/publication/8dade2b9?page=8"> In review THE INTERNATIONAL PICTURE €200m How muc</a>
<a title="Economia APRIL 15 page 9" href="http://viewer.zmags.com/publication/8dade2b9?page=9"> THE AUDIT Sweden UK WORLD HOUSE PRI</a>
<a title="Economia APRIL 15 page 10" href="http://viewer.zmags.com/publication/8dade2b9?page=10"> M y biggest career</a>
<a title="Economia APRIL 15 page 11" href="http://viewer.zmags.com/publication/8dade2b9?page=11"> THE AUDIT PHOTOGRAPHY: INDIRA FLACK economia AP</a>
<a title="Economia APRIL 15 page 12" href="http://viewer.zmags.com/publication/8dade2b9?page=12"> The ICAEW has driven </a>
<a title="Economia APRIL 15 page 13" href="http://viewer.zmags.com/publication/8dade2b9?page=13"> THE AUDIT As I see it Aliki Whitworth has worked</a>
<a title="Economia APRIL 15 page 14" href="http://viewer.zmags.com/publication/8dade2b9?page=14"> FOLLOW OUR LINE OF THINKING Tolley®Knowledge Par</a>
<a title="Economia APRIL 15 page 15" href="http://viewer.zmags.com/publication/8dade2b9?page=15"> THE AUDIT A CHANGING LANDSCAPE Chartered account</a>
<a title="Economia APRIL 15 page 16" href="http://viewer.zmags.com/publication/8dade2b9?page=16"> THE AUDIT From the top F </a>
<a title="Economia APRIL 15 page 17" href="http://viewer.zmags.com/publication/8dade2b9?page=17"> renault.co.uk RENAULT CAPTUR CAPTURE LIFE </a>
<a title="Economia APRIL 15 page 18" href="http://viewer.zmags.com/publication/8dade2b9?page=18"> THE AUDIT THOMAS COOK </a>
<a title="Economia APRIL 15 page 19" href="http://viewer.zmags.com/publication/8dade2b9?page=19"> T he recruitment of NEDs onto f</a>
<a title="Economia APRIL 15 page 20" href="http://viewer.zmags.com/publication/8dade2b9?page=20"> THE AUDIT The graph To mark next month's UK gene</a>
<a title="Economia APRIL 15 page 21" href="http://viewer.zmags.com/publication/8dade2b9?page=21"> Announcing an exclusive new ICAEW partnership. A </a>
<a title="Economia APRIL 15 page 22" href="http://viewer.zmags.com/publication/8dade2b9?page=22"> Exclusively for you. No account fee for your first</a>
<a title="Economia APRIL 15 page 23" href="http://viewer.zmags.com/publication/8dade2b9?page=23"> 24/7/365 client service specialists Co</a>
<a title="Economia APRIL 15 page 24" href="http://viewer.zmags.com/publication/8dade2b9?page=24"> Michael Izza “Using the public interest alone as</a>
<a title="Economia APRIL 15 page 25" href="http://viewer.zmags.com/publication/8dade2b9?page=25"> OPINION twitter.com/economiamag · face</a>
<a title="Economia APRIL 15 page 26" href="http://viewer.zmags.com/publication/8dade2b9?page=26"> Jason Cowley “The country is divided, the Britis</a>
<a title="Economia APRIL 15 page 27" href="http://viewer.zmags.com/publication/8dade2b9?page=27"> OPINION Cathy Newman “The economic feel-goo</a>
<a title="Economia APRIL 15 page 28" href="http://viewer.zmags.com/publication/8dade2b9?page=28"> OPINION Anas Alhajji “Saudi Arabia seems to</a>
<a title="Economia APRIL 15 page 29" href="http://viewer.zmags.com/publication/8dade2b9?page=29"> BMW #VTJOFTT 1BSUOFSTIJQ A FLEE</a>
<a title="Economia APRIL 15 page 30" href="http://viewer.zmags.com/publication/8dade2b9?page=30"> ARE YOU PAID WHAT YOU ARE WORTH? This is a questi</a>
<a title="Economia APRIL 15 page 31" href="http://viewer.zmags.com/publication/8dade2b9?page=31"> OPINION Gerry Brown “Public understanding o</a>
<a title="Economia APRIL 15 page 32" href="http://viewer.zmags.com/publication/8dade2b9?page=32"> King of the working class </a>
<a title="Economia APRIL 15 page 33" href="http://viewer.zmags.com/publication/8dade2b9?page=33"> COVER STORY BARRY HEARN How did the son</a>
<a title="Economia APRIL 15 page 34" href="http://viewer.zmags.com/publication/8dade2b9?page=34"> Matchroom and its associated companies turn</a>
<a title="Economia APRIL 15 page 35" href="http://viewer.zmags.com/publication/8dade2b9?page=35"> “My sportsmen have to be paid and my TV broadcast</a>
<a title="Economia APRIL 15 page 36" href="http://viewer.zmags.com/publication/8dade2b9?page=36"> “I didn't realise Baird has completed M&A deals </a>
<a title="Economia APRIL 15 page 37" href="http://viewer.zmags.com/publication/8dade2b9?page=37"> In an age where bank finance is hard to com</a>
<a title="Economia APRIL 15 page 38" href="http://viewer.zmags.com/publication/8dade2b9?page=38"> 4 expected investment in 2015 </a>
<a title="Economia APRIL 15 page 39" href="http://viewer.zmags.com/publication/8dade2b9?page=39"> £10m- £150m ECI Partners has seen increasing com</a>
<a title="Economia APRIL 15 page 40" href="http://viewer.zmags.com/publication/8dade2b9?page=40"> 4 Case study: Captify Digital advertising ag</a>
<a title="Economia APRIL 15 page 41" href="http://viewer.zmags.com/publication/8dade2b9?page=41"> BETTER HEALTH, BETTER BUSINESS HOW CAN A RELEVANT</a>
<a title="Economia APRIL 15 page 42" href="http://viewer.zmags.com/publication/8dade2b9?page=42"> Is re-introducing the 50p rate of tax a good idea</a>
<a title="Economia APRIL 15 page 43" href="http://viewer.zmags.com/publication/8dade2b9?page=43"> DEBATE YES Daisy-Rose Srblin </a>
<a title="Economia APRIL 15 page 44" href="http://viewer.zmags.com/publication/8dade2b9?page=44"> BRIDGING THE GAP Will the guidance on pensions an</a>
<a title="Economia APRIL 15 page 45" href="http://viewer.zmags.com/publication/8dade2b9?page=45"> PENSIONS AGE 30 DESIRED RETIREMENT AGE 65 ANNUAL</a>
<a title="Economia APRIL 15 page 46" href="http://viewer.zmags.com/publication/8dade2b9?page=46"> PENSIONS W hy did Georg</a>
<a title="Economia APRIL 15 page 47" href="http://viewer.zmags.com/publication/8dade2b9?page=47"> REGISTER TODAY FOR A JUNE 2015 ISACA CERTIFICATIO</a>
<a title="Economia APRIL 15 page 48" href="http://viewer.zmags.com/publication/8dade2b9?page=48"> SAVE HALF YOUR AGE AS A PERCENTAGE OF YOUR ANNUAL</a>
<a title="Economia APRIL 15 page 49" href="http://viewer.zmags.com/publication/8dade2b9?page=49"> approaching retirement with valuable support. Acc</a>
<a title="Economia APRIL 15 page 50" href="http://viewer.zmags.com/publication/8dade2b9?page=50"> SPONSORED FEATURE Removing the pain of your pensi</a>
<a title="Economia APRIL 15 page 51" href="http://viewer.zmags.com/publication/8dade2b9?page=51"> BIG DATA Illustration by Rebecca Duff-Smith INFO</a>
<a title="Economia APRIL 15 page 52" href="http://viewer.zmags.com/publication/8dade2b9?page=52"> groups, academics and the media, there is a growi</a>
<a title="Economia APRIL 15 page 53" href="http://viewer.zmags.com/publication/8dade2b9?page=53"> data is currently used without transparency,” con</a>
<a title="Economia APRIL 15 page 54" href="http://viewer.zmags.com/publication/8dade2b9?page=54"> BIG DATA Fletcher, co-director of Salford Bus</a>
<a title="Economia APRIL 15 page 55" href="http://viewer.zmags.com/publication/8dade2b9?page=55"> news and views. economia online has all the news </a>
<a title="Economia APRIL 15 page 56" href="http://viewer.zmags.com/publication/8dade2b9?page=56"> 56</a>
<a title="Economia APRIL 15 page 57" href="http://viewer.zmags.com/publication/8dade2b9?page=57"> Paying for it With tax avoidance, the deficit an</a>
<a title="Economia APRIL 15 page 58" href="http://viewer.zmags.com/publication/8dade2b9?page=58"> “Politicians use statistics the same way that dru</a>
<a title="Economia APRIL 15 page 59" href="http://viewer.zmags.com/publication/8dade2b9?page=59"> for all adults of £72 per week (at a cost of £240</a>
<a title="Economia APRIL 15 page 60" href="http://viewer.zmags.com/publication/8dade2b9?page=60"> Inner strength Corporate entrepreneurship is on </a>
<a title="Economia APRIL 15 page 61" href="http://viewer.zmags.com/publication/8dade2b9?page=61"> decided to build one himself,” says Jones. Orpheu</a>
<a title="Economia APRIL 15 page 62" href="http://viewer.zmags.com/publication/8dade2b9?page=62"> follow the traditional route to partner – many wa</a>
<a title="Economia APRIL 15 page 63" href="http://viewer.zmags.com/publication/8dade2b9?page=63"> UK has one of the most welcoming environments in </a>
<a title="Economia APRIL 15 page 64" href="http://viewer.zmags.com/publication/8dade2b9?page=64"> 5 DEVELOP YOUR TEAM 1 2 3 </a>
<a title="Economia APRIL 15 page 65" href="http://viewer.zmags.com/publication/8dade2b9?page=65"> </a>
<a title="Economia APRIL 15 page 66" href="http://viewer.zmags.com/publication/8dade2b9?page=66"> TAX WHERE TAX IS DUE 29 DIARMID O'SU</a>
<a title="Economia APRIL 15 page 67" href="http://viewer.zmags.com/publication/8dade2b9?page=67"> THE ECONOMIA ESSAY enable count</a>
<a title="Economia APRIL 15 page 68" href="http://viewer.zmags.com/publication/8dade2b9?page=68"> I an Davies is remarkably good at ma</a>
<a title="Economia APRIL 15 page 69" href="http://viewer.zmags.com/publication/8dade2b9?page=69"> has a similar contractual arrangement with Harvey</a>
<a title="Economia APRIL 15 page 70" href="http://viewer.zmags.com/publication/8dade2b9?page=70"> Small businesses are HUGE The Little Big Co. Lt</a>
<a title="Economia APRIL 15 page 71" href="http://viewer.zmags.com/publication/8dade2b9?page=71"> Technical The top five ICAEW revises UK growth f</a>
<a title="Economia APRIL 15 page 72" href="http://viewer.zmags.com/publication/8dade2b9?page=72"> Key developments AUDITING Audit and assura</a>
<a title="Economia APRIL 15 page 73" href="http://viewer.zmags.com/publication/8dade2b9?page=73"> TECHNICAL UPDATES make adjustment</a>
<a title="Economia APRIL 15 page 74" href="http://viewer.zmags.com/publication/8dade2b9?page=74"> Revisiting regulation As ICAEW's regulatory go</a>
<a title="Economia APRIL 15 page 75" href="http://viewer.zmags.com/publication/8dade2b9?page=75"> TECHNICAL GOVERNANCE REVIEW would be</a>
<a title="Economia APRIL 15 page 76" href="http://viewer.zmags.com/publication/8dade2b9?page=76"> Need to know Liz Loxton outlines the regulator</a>
<a title="Economia APRIL 15 page 77" href="http://viewer.zmags.com/publication/8dade2b9?page=77"> TECHNICAL REGULATION ACCESS TO FIN</a>
<a title="Economia APRIL 15 page 78" href="http://viewer.zmags.com/publication/8dade2b9?page=78"> Armstrongs Accountancy: in it together Xenia Tal</a>
<a title="Economia APRIL 15 page 79" href="http://viewer.zmags.com/publication/8dade2b9?page=79"> TECHNICAL PRACTICE PROFILE ILLUSTRATION: ARON VE</a>
<a title="Economia APRIL 15 page 80" href="http://viewer.zmags.com/publication/8dade2b9?page=80"> TTIP of the iceberg The Transatlantic Trad</a>
<a title="Economia APRIL 15 page 81" href="http://viewer.zmags.com/publication/8dade2b9?page=81"> TECHNICAL INTERNATIONAL TRADE ILLUSTRATION: ARON</a>
<a title="Economia APRIL 15 page 82" href="http://viewer.zmags.com/publication/8dade2b9?page=82"> TECHNICAL INTERNATIONAL TRADE </a>
<a title="Economia APRIL 15 page 83" href="http://viewer.zmags.com/publication/8dade2b9?page=83"> TECHNICAL DISCIPLINARIES Report listings </a>
<a title="Economia APRIL 15 page 84" href="http://viewer.zmags.com/publication/8dade2b9?page=84"> Take advantage of great rates in Europe With m</a>
<a title="Economia APRIL 15 page 85" href="http://viewer.zmags.com/publication/8dade2b9?page=85"> Life reviews/food/skills/people </a>
<a title="Economia APRIL 15 page 86" href="http://viewer.zmags.com/publication/8dade2b9?page=86"> Life travel Roman holiday Elizabeth Wal</a>
<a title="Economia APRIL 15 page 87" href="http://viewer.zmags.com/publication/8dade2b9?page=87"> Florence </a>
<a title="Economia APRIL 15 page 88" href="http://viewer.zmags.com/publication/8dade2b9?page=88"> Turin </a>
<a title="Economia APRIL 15 page 89" href="http://viewer.zmags.com/publication/8dade2b9?page=89"> Life style Everything you need for the ultimate </a>
<a title="Economia APRIL 15 page 90" href="http://viewer.zmags.com/publication/8dade2b9?page=90"> Life in review ART SPLURGE OF THE MONTH £895, C</a>
<a title="Economia APRIL 15 page 91" href="http://viewer.zmags.com/publication/8dade2b9?page=91"> Wildflowers in a tin you say? Scatter Project May</a>
<a title="Economia APRIL 15 page 92" href="http://viewer.zmags.com/publication/8dade2b9?page=92"> PETER SOMMER ([SHUWOHG$UFKDHRORJLFDO &XOWXUDO</a>
<a title="Economia APRIL 15 page 93" href="http://viewer.zmags.com/publication/8dade2b9?page=93"> </a>
<a title="Economia APRIL 15 page 94" href="http://viewer.zmags.com/publication/8dade2b9?page=94"> Life skills STEP ONE Snip off</a>
<a title="Economia APRIL 15 page 95" href="http://viewer.zmags.com/publication/8dade2b9?page=95"> RECRUITMENT icaewjobs@icaew.com Accountants fo</a>
<a title="Economia APRIL 15 page 96" href="http://viewer.zmags.com/publication/8dade2b9?page=96"> DIRECTORY SECRETARIAL SERVICES Outsou</a>
<a title="Economia APRIL 15 page 97" href="http://viewer.zmags.com/publication/8dade2b9?page=97"> LOUISE SMALE louise.smale@progressivecp.com +44 (</a>
<a title="Economia APRIL 15 page 98" href="http://viewer.zmags.com/publication/8dade2b9?page=98"> Life after work </a>
<a title="Economia APRIL 15 page 99" href="http://viewer.zmags.com/publication/8dade2b9?page=99"> Special Interest Groups – access your sector Sw</a>
<a title="Economia APRIL 15 page 100" href="http://viewer.zmags.com/publication/8dade2b9?page=100"> SPECIALLY NEGOTIATED RATES FOR ICAEW MEMBERS </a>