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ICAEW members also exclusively r<a title="economia_July_Aug page 1" href="http://viewer.zmags.com/publication/b58a97ef?page=1"> MAGAZINE OF THE YEAR JULY / AUGUST</a> <a title="economia_July_Aug page 2" href="http://viewer.zmags.com/publication/b58a97ef?page=2"> EXCLUSIVE TO ICAEW MEMBERS </a> <a title="economia_July_Aug page 3" href="http://viewer.zmags.com/publication/b58a97ef?page=3"> Few observers claim these to be the best of econo</a> <a title="economia_July_Aug page 4" href="http://viewer.zmags.com/publication/b58a97ef?page=4"> </a> <a title="economia_July_Aug page 5" href="http://viewer.zmags.com/publication/b58a97ef?page=5"> </a> <a title="economia_July_Aug page 6" href="http://viewer.zmags.com/publication/b58a97ef?page=6"> </a> <a title="economia_July_Aug page 7" href="http://viewer.zmags.com/publication/b58a97ef?page=7"> </a> <a title="economia_July_Aug page 8" href="http://viewer.zmags.com/publication/b58a97ef?page=8"> </a> <a title="economia_July_Aug page 9" href="http://viewer.zmags.com/publication/b58a97ef?page=9"> 42 PHOTOGRAPHY: CLINT MCLEAN Contents July/Augu</a> <a title="economia_July_Aug page 10" href="http://viewer.zmags.com/publication/b58a97ef?page=10"> “Parliament needs to understand the issues affe</a> <a title="economia_July_Aug page 11" href="http://viewer.zmags.com/publication/b58a97ef?page=11"> NOT ALL COMPANY CARS ARE CREATED EQUAL. THE AWAR</a> <a title="economia_July_Aug page 12" href="http://viewer.zmags.com/publication/b58a97ef?page=12"> EDITORIAL ADVISORY BOARD Arthur Bailey FCA (Cha</a> <a title="economia_July_Aug page 13" href="http://viewer.zmags.com/publication/b58a97ef?page=13"> LIKE YOU, WE'RE EXPERTS IN OUR FIELD In competit</a> <a title="economia_July_Aug page 14" href="http://viewer.zmags.com/publication/b58a97ef?page=14"> In review THE INTERNATIONAL PICTURE </a> <a title="economia_July_Aug page 15" href="http://viewer.zmags.com/publication/b58a97ef?page=15"> THE AUDIT 37bn </a> <a title="economia_July_Aug page 16" href="http://viewer.zmags.com/publication/b58a97ef?page=16"> AIRBUS The successful test flight of E</a> <a title="economia_July_Aug page 17" href="http://viewer.zmags.com/publication/b58a97ef?page=17"> THE AUDIT Book review FINDING YOUR ELEMENT Ke</a> <a title="economia_July_Aug page 18" href="http://viewer.zmags.com/publication/b58a97ef?page=18"> THE AUDIT As I see it Sue Kukadia is director, G</a> <a title="economia_July_Aug page 19" href="http://viewer.zmags.com/publication/b58a97ef?page=19"> THE AUDIT Talking points An interesting squab</a> <a title="economia_July_Aug page 20" href="http://viewer.zmags.com/publication/b58a97ef?page=20"> From the top S hortly befor</a> <a title="economia_July_Aug page 21" href="http://viewer.zmags.com/publication/b58a97ef?page=21"> THE AUDIT CHARITABLE GIVING ICAEW hosted its ann</a> <a title="economia_July_Aug page 22" href="http://viewer.zmags.com/publication/b58a97ef?page=22"> The economia business clinic In previous economi</a> <a title="economia_July_Aug page 23" href="http://viewer.zmags.com/publication/b58a97ef?page=23"> THE AUDIT Debate Is the Fair Tax Mark fair? </a> <a title="economia_July_Aug page 24" href="http://viewer.zmags.com/publication/b58a97ef?page=24"> 24 </a> <a title="economia_July_Aug page 25" href="http://viewer.zmags.com/publication/b58a97ef?page=25"> THE AUDIT “I n business yo</a> <a title="economia_July_Aug page 26" href="http://viewer.zmags.com/publication/b58a97ef?page=26"> </a> <a title="economia_July_Aug page 27" href="http://viewer.zmags.com/publication/b58a97ef?page=27"> THE AUDIT The graph £5 </a> <a title="economia_July_Aug page 28" href="http://viewer.zmags.com/publication/b58a97ef?page=28"> Michael Izza Better financial discipline O </a> <a title="economia_July_Aug page 29" href="http://viewer.zmags.com/publication/b58a97ef?page=29"> OPINION The Fair Tax Mark Unfortunat</a> <a title="economia_July_Aug page 30" href="http://viewer.zmags.com/publication/b58a97ef?page=30"> OPINION Jason Cowley The UK's political scene st</a> <a title="economia_July_Aug page 31" href="http://viewer.zmags.com/publication/b58a97ef?page=31"> Improve your fleet's IQ. ALL-NEW FORD KUGA Au</a> <a title="economia_July_Aug page 32" href="http://viewer.zmags.com/publication/b58a97ef?page=32"> Professional Mortgage. Now your career's even </a> <a title="economia_July_Aug page 33" href="http://viewer.zmags.com/publication/b58a97ef?page=33"> OPINION Cathy Newman Behind the headlines on A&E</a> <a title="economia_July_Aug page 34" href="http://viewer.zmags.com/publication/b58a97ef?page=34"> Dani Rodrik The way out of crisis for Europe A </a> <a title="economia_July_Aug page 35" href="http://viewer.zmags.com/publication/b58a97ef?page=35"> OPINION William Keegan We need government to get</a> <a title="economia_July_Aug page 36" href="http://viewer.zmags.com/publication/b58a97ef?page=36"> After the circus Did the UK make the most of its</a> <a title="economia_July_Aug page 37" href="http://viewer.zmags.com/publication/b58a97ef?page=37"> PHOTOGRAPHY: CHRIS DORLEY-BROWN, EYEVINE new hom</a> <a title="economia_July_Aug page 38" href="http://viewer.zmags.com/publication/b58a97ef?page=38"> INTERNATIONAL OLYMPIC LEGACY </a> <a title="economia_July_Aug page 39" href="http://viewer.zmags.com/publication/b58a97ef?page=39"> </a> <a title="economia_July_Aug page 40" href="http://viewer.zmags.com/publication/b58a97ef?page=40"> Bahrain Bahrain AT A GLANCE The Gulf state is gro</a> <a title="economia_July_Aug page 41" href="http://viewer.zmags.com/publication/b58a97ef?page=41"> INTERNATIONAL BAHRAIN </a> <a title="economia_July_Aug page 42" href="http://viewer.zmags.com/publication/b58a97ef?page=42"> WHO DARES WINS What drives successful businessmen</a> <a title="economia_July_Aug page 43" href="http://viewer.zmags.com/publication/b58a97ef?page=43"> 90%+ QPR wages to revenue ratio 2011-12 I </a> <a title="economia_July_Aug page 44" href="http://viewer.zmags.com/publication/b58a97ef?page=44"> plastic chairs. In this spirit of openness I feel</a> <a title="economia_July_Aug page 45" href="http://viewer.zmags.com/publication/b58a97ef?page=45"> From left: Fernandes with the Caterham F1 team; c</a> <a title="economia_July_Aug page 46" href="http://viewer.zmags.com/publication/b58a97ef?page=46"> As the UK go ent looks to rebalance the </a> <a title="economia_July_Aug page 47" href="http://viewer.zmags.com/publication/b58a97ef?page=47"> FINANCIAL SERVICES £195 bn largest stock exchan</a> <a title="economia_July_Aug page 48" href="http://viewer.zmags.com/publication/b58a97ef?page=48"> TOP 10 UK CITIES FOR FINANCIAL AND PROFESSIONAL S</a> <a title="economia_July_Aug page 49" href="http://viewer.zmags.com/publication/b58a97ef?page=49"> FINANCIAL SERVICES UKSECTORSGENERATNG UK 2 </a> <a title="economia_July_Aug page 50" href="http://viewer.zmags.com/publication/b58a97ef?page=50"> 50 </a> <a title="economia_July_Aug page 51" href="http://viewer.zmags.com/publication/b58a97ef?page=51"> PRODUCTIVITY MEASURE FOR MEASURE UK employment </a> <a title="economia_July_Aug page 52" href="http://viewer.zmags.com/publication/b58a97ef?page=52"> DIANE COYLE runs the consultancy Enlightenment Ec</a> <a title="economia_July_Aug page 53" href="http://viewer.zmags.com/publication/b58a97ef?page=53"> JONATHAN HASKEL is professor of economics at Impe</a> <a title="economia_July_Aug page 54" href="http://viewer.zmags.com/publication/b58a97ef?page=54"> STEPHANIE FLANDERS is BBC economics editor “What </a> <a title="economia_July_Aug page 55" href="http://viewer.zmags.com/publication/b58a97ef?page=55"> JOHN VAN REENEN is director of the Centre for Eco</a> <a title="economia_July_Aug page 56" href="http://viewer.zmags.com/publication/b58a97ef?page=56"> 56</a> <a title="economia_July_Aug page 57" href="http://viewer.zmags.com/publication/b58a97ef?page=57"> COST CONTROL COUNTING HEADS When they ne</a> <a title="economia_July_Aug page 58" href="http://viewer.zmags.com/publication/b58a97ef?page=58"> </a> <a title="economia_July_Aug page 59" href="http://viewer.zmags.com/publication/b58a97ef?page=59"> these kinds of cost-cutting activities may need t</a> <a title="economia_July_Aug page 60" href="http://viewer.zmags.com/publication/b58a97ef?page=60"> </a> <a title="economia_July_Aug page 61" href="http://viewer.zmags.com/publication/b58a97ef?page=61"> SUPPORTED BY From m</a> <a title="economia_July_Aug page 62" href="http://viewer.zmags.com/publication/b58a97ef?page=62"> W hat do you ne</a> <a title="economia_July_Aug page 63" href="http://viewer.zmags.com/publication/b58a97ef?page=63"> COMPANY PROFILE HALEWOOD INTERNATIONAL in the</a> <a title="economia_July_Aug page 64" href="http://viewer.zmags.com/publication/b58a97ef?page=64"> to devote more resources to international sales d</a> <a title="economia_July_Aug page 65" href="http://viewer.zmags.com/publication/b58a97ef?page=65"> COMPANY PROFILE HALEWOOD INTERNATIONAL up an</a> <a title="economia_July_Aug page 66" href="http://viewer.zmags.com/publication/b58a97ef?page=66"> Keep on up Surviving the downturn isn't just abou</a> <a title="economia_July_Aug page 67" href="http://viewer.zmags.com/publication/b58a97ef?page=67"> MANAGING RECOVERY locations,” </a> <a title="economia_July_Aug page 68" href="http://viewer.zmags.com/publication/b58a97ef?page=68"> Power warns there could be an issue in more i</a> <a title="economia_July_Aug page 69" href="http://viewer.zmags.com/publication/b58a97ef?page=69"> There is, though, also a risk that organisati</a> <a title="economia_July_Aug page 70" href="http://viewer.zmags.com/publication/b58a97ef?page=70"> THE THREE Ps OF INNOVATION 13 HAL GR</a> <a title="economia_July_Aug page 71" href="http://viewer.zmags.com/publication/b58a97ef?page=71"> THE ECONOMIA ESSAY We found</a> <a title="economia_July_Aug page 72" href="http://viewer.zmags.com/publication/b58a97ef?page=72"> DO THE WRIGHT THING Home-grown MP for Hartlepool </a> <a title="economia_July_Aug page 73" href="http://viewer.zmags.com/publication/b58a97ef?page=73"> T here aren't many Labour </a> <a title="economia_July_Aug page 74" href="http://viewer.zmags.com/publication/b58a97ef?page=74"> Tax intelligence from LexisNexis®</a> <a title="economia_July_Aug page 75" href="http://viewer.zmags.com/publication/b58a97ef?page=75"> Briefing Sharman, audit and scepticism FRC chan</a> <a title="economia_July_Aug page 76" href="http://viewer.zmags.com/publication/b58a97ef?page=76"> Jobs loophole crackdown, and goodnight sweetheart</a> <a title="economia_July_Aug page 77" href="http://viewer.zmags.com/publication/b58a97ef?page=77"> BRIEFING UPDATES paid or otherwis</a> <a title="economia_July_Aug page 78" href="http://viewer.zmags.com/publication/b58a97ef?page=78"> One hundred days of RTI Real Time Information re</a> <a title="economia_July_Aug page 79" href="http://viewer.zmags.com/publication/b58a97ef?page=79"> BRIEFING RTI challenge, it went more</a> <a title="economia_July_Aug page 80" 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href="http://viewer.zmags.com/publication/b58a97ef?page=94"> LIFE THE TRAVEL ISSUE </a> <a title="economia_July_Aug page 95" href="http://viewer.zmags.com/publication/b58a97ef?page=95"> ICAEW – CPD TRAINING YOU CAN TRUST WE DON'T JUS</a> <a title="economia_July_Aug page 96" href="http://viewer.zmags.com/publication/b58a97ef?page=96"> Directory COMPANY FORMATION & RESTORATION COMPANY</a> <a title="economia_July_Aug page 97" href="http://viewer.zmags.com/publication/b58a97ef?page=97"> BUSINESS DIRECTORY </a> <a title="economia_July_Aug page 98" href="http://viewer.zmags.com/publication/b58a97ef?page=98"> LIFE AFTER WORK </a> <a title="economia_July_Aug page 99" href="http://viewer.zmags.com/publication/b58a97ef?page=99"> Looking for a volunteer role? 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