It’s boom time for the Indian economy with growth rates of 7.7%. Prime Minister Modi is replicating the economic plan that he used in his home state of Gujarat across the whole of the nation. Interestingly 200 years ago the Indian economy was 5 times larger than the UK economy. Rapid globalisation fuelled by an Industrial Revolution changed that balance. Today India is once again on the cusp of overtaking the UK and propelling itself into third place behind the USA and China. The Indian economic giant is likely to keep growing at a faster pace than the UK, Europe or the USA.
Academy trustees will now face automatic disqualification under tighter rules brought in from 1 August 2018. These include where trustees have been in contempt of court, are named under anti-terrorism laws or are on the sex offenders register.
By now you should be aware that Making Tax Digital (MTD) is arriving in April 2019. This is a HMRC initiative designed to implement a fully digital tax system which will be effective, efficient and easier for UK taxpayers.
We are proud to be sponsoring the Adur and Worthing Business Awards! These prestigious awards are organised by the Adur & Worthing Business Partnership to celebrate the wonderful and successful local business people in the community.
The BBC’s screening of Panorama’s investigation into Bright Tribe Trust has again caused many to question the academies regime and the lack of scrutiny. For those that missed it, the programme accused the Trust of making false claims for government grants intended for various capital projects and either not completing the projects or starting them.
However once we look past the emotional side of the concerns raised by the investigation there are some key lessons that many Academy Trusts and Boards of Trustees can learn from.