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MAGAZINE OF THE YEAR
JULY / AUGUST 2013 | ICAEW.COM/ECONOMIA ISSUE 18 | INTELLIGENCE AND INSIGHT
Tony Fernandes,
chairman of QPR,
has discovered that
football is different
from any other
business
Knowing
the score
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MAGAZINE OF THE YEAR JULY / AUGUST
EXCLUSIVE TO ICAEW MEMBERS
Few observers claim these to be the best of econo
42 PHOTOGRAPHY: CLINT MCLEAN Contents July/Augu
“Parliament needs to understand the issues affe
NOT ALL COMPANY CARS ARE CREATED EQUAL. THE AWAR
EDITORIAL ADVISORY BOARD Arthur Bailey FCA (Cha
LIKE YOU, WE'RE EXPERTS IN OUR FIELD In competit
In review THE INTERNATIONAL PICTURE
THE AUDIT 37bn
AIRBUS The successful test flight of E
THE AUDIT Book review FINDING YOUR ELEMENT Ke
THE AUDIT As I see it Sue Kukadia is director, G
THE AUDIT Talking points An interesting squab
From the top S hortly befor
THE AUDIT CHARITABLE GIVING ICAEW hosted its ann
The economia business clinic In previous economi
THE AUDIT Debate Is the Fair Tax Mark fair?
24
THE AUDIT “I n business yo
THE AUDIT The graph £5
Michael Izza Better financial discipline O
OPINION The Fair Tax Mark Unfortunat
OPINION Jason Cowley The UK's political scene st
Improve your fleet's IQ. ALL-NEW FORD KUGA Au
Professional Mortgage. Now your career's even
OPINION Cathy Newman Behind the headlines on A&E
Dani Rodrik The way out of crisis for Europe A
OPINION William Keegan We need government to get
After the circus Did the UK make the most of its
PHOTOGRAPHY: CHRIS DORLEY-BROWN, EYEVINE new hom
INTERNATIONAL OLYMPIC LEGACY
Bahrain Bahrain AT A GLANCE The Gulf state is gro
INTERNATIONAL BAHRAIN
WHO DARES WINS What drives successful businessmen
90%+ QPR wages to revenue ratio 2011-12 I
plastic chairs. In this spirit of openness I feel
From left: Fernandes with the Caterham F1 team; c
As the UK go ent looks to rebalance the
FINANCIAL SERVICES £195 bn largest stock exchan
TOP 10 UK CITIES FOR FINANCIAL AND PROFESSIONAL S
FINANCIAL SERVICES UKSECTORSGENERATNG UK 2
50
PRODUCTIVITY MEASURE FOR MEASURE UK employment
DIANE COYLE runs the consultancy Enlightenment Ec
JONATHAN HASKEL is professor of economics at Impe
STEPHANIE FLANDERS is BBC economics editor “What
JOHN VAN REENEN is director of the Centre for Eco
56
COST CONTROL COUNTING HEADS When they ne
these kinds of cost-cutting activities may need t
SUPPORTED BY From m
W hat do you ne
COMPANY PROFILE HALEWOOD INTERNATIONAL in the
to devote more resources to international sales d
COMPANY PROFILE HALEWOOD INTERNATIONAL up an
Keep on up Surviving the downturn isn't just abou
MANAGING RECOVERY locations,”
Power warns there could be an issue in more i
There is, though, also a risk that organisati
THE THREE Ps OF INNOVATION 13 HAL GR
THE ECONOMIA ESSAY We found
DO THE WRIGHT THING Home-grown MP for Hartlepool
T here aren't many Labour
Tax intelligence from LexisNexis®
Briefing Sharman, audit and scepticism FRC chan
Jobs loophole crackdown, and goodnight sweetheart
BRIEFING UPDATES paid or otherwis
One hundred days of RTI Real Time Information re
BRIEFING RTI challenge, it went more
Quality control Caroline Biebuyck looks at how
BRIEFING AUDIT QUALITY ILLUSTRATION: ARON VELLEK
Hollis & Co: The relationship people Originally
BRIEFING PRACTICE PROFILE ILLUSTRATION: ARON VEL
Arguing over semantics, plus client money in firm
BRIEFING DISCIPLINARIES Report listings The
Life The travel issue Getting away with it
87
W hen it comes to
Clockwise, from above: Money saved can be put to
MAGAZINE OF
LIFE THE TRAVEL ISSUE N ot
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LIFE AFTER WORK
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