• 5th August 2016

    Brexit update: Base rate fall to record low

    As was widely expected, following the August meeting of the Bank of England’s Monetary Policy (MPC), the base rate has been cut to a record low of 0.25%. The MPC had little room to manoeuvre following the recent publication of the first real post-Brexit economic data which pointed towards an economic slowdown.
  • 3rd August 2016

    Brexit uncertainty is beginning to bite

    Over the past few days we have seen the release of data indicating that both consumer and business confidence have been dented following the Brexit decision in June. Manufacturing PMI data, for example, points to new orders for businesses slowing and input prices rising and the construction data is no more encouraging. Some commentators are drawing parallels with the early indicators that we saw heading into the last recession.
  • 2nd August 2016

    Intangible assets and their valuation

    Most private companies in the UK report under UK GAAP, mainly due to the reduced reporting criteria in general as compared to IFRS. One key area where UK GAAP and IFRS differ is accounting for business combinations.
  • 1st August 2016

    Setting the tone from the top

    A recent report from the Chartered Institute of Internal Auditors has highlighted that only 23% of FTSE100 companies provide their shareholders with any evidence that they are taking the issue of ethical standards seriously.
  • 21st July 2016

    Starting out – scaling up

    As a firm we have been heavily involved with The Eastern Enterprise Hub, Cambridge University Entrepreneurs & Innovation Martlesham over many years and, as a result, worked closely with a number of start-ups who were pushing big growth plans.