Businesses look to cut costs because of inflation threat

Businesses around the globe are likely to look to cut costs because of the rising risk of inflation.

In the eurozone, inflation hit 3 per cent last month, for example. That compares to its annual target of only 2 Read more

Businesses face inflationary pressures

Businesses are facing inflationary pressures according to the Bank of England (BOE).

Both the BOE’s chief economist Andy Haldane and its external monetary policy expert Michael Saunders have warned that the UK could be in for a rocky ride. Read more

Supply chain disruptions rise

The number of businesses experiencing ten or more supply chain disruptions rose in from 4.8 per cent to 27.8 per cent during 2020, according to a report by BCI.

BCI’s Supply chain resilience report 2021 found that most organisations Read more

Coronavirus reshapes risk rankings across Europe

The impact of the coronavirus has reshaped risk ranking across Europe, according to the most recent survey of heads of internal audit in the region.

The three most notable risk that have risen up the list of concerns for Read more

Regulator advises better reporting on Covid-19

Companies need to clearly state the assumptions over issues such as whether the business is a going concern due to the impact of the Covid-19 pandemic, according to the Financial Reporting Council (FRC).

While most companies had provided Read more

Government forced to publish Brexit risk scenarios

The UK government has been forced by Members of Parliament to publish its Brexit risk assumptions code-named Operation Yellowhammer. While the government says that the assumptions are out of date because of subsequent efforts to mitigate Brexit risks, Read more

Business environment is “becoming riskier”

Business leaders believe the global business environment is becoming ‘riskier’, according to a new report from consultant Protiviti. The Executive Perspectives on Top Risks 2019 report, published in conjunction with North Carolina’s State University’s Enterprise Risk Management initiative, focuses Read more