CIPFA responds to budget announcement


Commenting on the Government's budget, Chief Executive of the Chartered Institute of Public Finance and Accountancy, Steve Freer said:

'The Budget focuses on encouraging enterprise and economic growth to reduce the deficit. One of the big unknowns is whether the private sector can generate sufficient new jobs to counterbalance job cuts in the public sector. This is really a regional / local equation rather than a national calculation. In practice we are likely to see recovery proceeding at significantly different speeds in different parts of the country.'


Contact: Lindsay Machin / Chloe Forbes / Nicholas Burke
CIPFA Press Office
t 020 7543 /5645 / 5787 / 5712
e / /

Notes to Editors:


CIPFA, the Chartered Institute of Public Finance and Accountancy, is the professional body for people in public finance. Our 14,000 members work throughout the public services, in national audit agencies, in major accountancy firms, and in other bodies where public money needs to be effectively and efficiently managed. As the world’s only professional accountancy body to specialise in public services, CIPFA’s portfolio of qualifications are the foundation for a career in public finance. They include the benchmark professional qualification for public sector accountants as well as a postgraduate diploma for people already working in leadership positions. They are taught by our in-house CIPFA Education and Training Centre as well as other places of learning around the world. We also champion high performance in public services, translating our experience and insight into clear advice and practical services. They include information and guidance, courses and conferences, property and asset management solutions, consultancy and interim people for a range of public sector clients. Globally, CIPFA shows the way in public finance by standing up for sound public financial management and good governance. We work with donors, partner governments, accountancy bodies and the public sector around the world to advance public finance and support better public services. This includes the development of local professional qualifications in African countries like Lesotho and Nigeria and in Europe in post conflict states in the Balkans.