During the past year we have seen significant political events that are changing the public sector landscape. However, some of the ongoing challenges also remain. Austerity in public budgets has continued to place pressure on scarce resources and the low yield market environment means those with investment balances and financing requirements are starting to think differently.
CIPFA has developed the new Financial Management Code and Resilience Index along with additional guidance in support of the Prudential Code. We have also seen the MHCLG take a greater interest in commercial property which has led to a review by the National Audit Office into this issue. Beyond political events the concerns around climate change are now impacting on investments and the financial markets with all investors looking again at their strategies and seeking new opportunities that deliver wider benefits along with financial returns.
Against this backdrop we believe that attendance at this year’s conference was an absolute must. Our sessions were carefully chosen to reflect the most critical issues currently facing treasury practitioners.