Home rule that hurst

Article Abstract:

The UK National Housing Federation is coming under pressure from the Accounting Standards Board to change the accounting practices of housing associations. This would ensure that housing associations produce more accurate accounts, but could also significantly reduce their stock valuations, thus making them less attract to lenders. The Housing Corporation, which regulates housing associations, believes that they should be allowed to preserve some diversity in the way they present their accounts.

Accounting and auditing, Housing authorities

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Thank but no thanks, Mr Lilley

Article Abstract:

Local councils have expressed opposition to the suggestion by social security secretary Peter Lilley that they could take on responsibility for the administration of social security benefits. The government believes that such a system would be beneficial, aligning benefit rates with local wage rates and thus improving efficiency in the labour market. However, councils remain concerned, and are particularly worried that a transfer would not be properly finance.

Management, Social security

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Ethics man adopts a moral approach to the market

Article Abstract:

UK independent financial agents and the Co-operative Bank find an increase in ethical investment and demand for pensions and unit trusts which are ethically checked. Pension and Investment Research Consultants (PIRC) statistics show that 100 billion pounds sterling is invested with social objectives. Ethicals tend to invest in smaller capitalised companies and have a stronger asset growth than other unit trusts.

United Kingdom, Investments, Ethical aspects, Investment advisers, Socially responsible investments

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