Martin Wheatcroft
@martinwheatcroft.bsky.social
📤 24
📥 71
📝 28
Chartered Accountant. Advisor and author on public finances. Strategy consultant and COO.
My
#icaewchartoftheweek
for
@icaew.bsky.social
is on
#internationaltrade
this week, showing how a £205bn surplus on services
#exports
and
#imports
was offset by a £243bn deficit on goods - a trade deficit of £38bn, or £16bn if precious metals are excluded Read more:
bit.ly/4ttJ9qk
4 days ago
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My
#icaewchartoftheweek
for
@icaew.bsky.social
shows how there is a shortfall of £115bn between receipts and spending in 2026/27; how just 10 taxes make up 80% of receipts and how 53% of public spending goes on health and welfare. Read more:
bit.ly/4m2p6gt
A happy new fiscal year to you all!
12 days ago
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My
#icaewchartoftheweek
for
@icaew.bsky.social
'celebrates' the start of a new financial year on 1 April 2026 by looking at council tax rates in England. Read more:
bit.ly/3PzQztE
18 days ago
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My
#icaewchartoftheweek
for
@icaew.bsky.social
is on public investment this week, highlighting how plans to increase capital expenditure over the next financial years from April are unlikely to be transformative. Read more:
www.icaew.com/insights/vie...
25 days ago
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2
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My
#icaewchartoftheweek
for
@icaew.bsky.social
is on student loans in England, showing how they were impaired by 40% compared with their face value on 31 March 2025. Freezing thresholds should reduce that by 2%, but the plan may be about to change ... Read more:
bit.ly/40k9c7b
about 2 months ago
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My
#icaewchartoftheweek
for
@icaew.bsky.social
is on average earnings this week, showing how average monthly total pay fell by 0.2% in 2025 following much stronger growth in the previous two years. Read more:
bit.ly/3OqvPnA
about 2 months ago
0
1
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My
#icaewchartoftheweek
for
@icaew.bsky.social
is on the One Big Beautiful Bill Act 2025 passed by Congress and signed by President Trump on 4 July. Congressional Budget Office analysis indicates spending cuts should be more than offset by tax cuts over the next 10 years. Read more:
bit.ly/4o7KRvE
9 months ago
0
2
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My
#icaewchartoftheweek
for
@icaew.bsky.social
is on the costs of
#climatechange
and our need to get the public finances back under control and improve the UK's resilience against storms and floods as the climate gets warmer and wetter. Read more:
bit.ly/3UhAo34
9 months ago
0
1
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My
#icaewchartoftheweek
for
@icaew.bsky.social
is on the balance of payments in 2024/25, showing how the current account deficit of £83bn comprises a trade deficit of £44bn, net investment and other earnings of £23bn, and net transfers of £16bn. Read more:
bit.ly/4nHBhQ9
9 months ago
0
2
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My
#icaewchartoftheweek
for
@icaew.bsky.social
is on the
#energypricecap
in the UK, which fell by 7% in the third quarter of 2025 to £1,720. Domestic energy prices have stabilised recently, but remain vulnerable to global events. Read more:
bit.ly/4le6CIH
@ofgem.gov.uk
@cornwallinsight.bsky.social
9 months ago
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My
#icaewchartoftheweek
for
@icaew.bsky.social
illustrates the relative shares of economic activity around the world compared with population on both a market-exchange rate and purchasing power basis. Read more:
bit.ly/46fES1l
10 months ago
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My
#icaewchartoftheweek
for
@icaew.bsky.social
is on the
#spendingreview
again this week, looking at how more money for capital investment contrasts with a tight settlement for operating budgets.
#publicfinances
@darrenpjones.bsky.social
Read more:
bit.ly/4jVUhaj
10 months ago
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1
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My
#icaewchartoftheweek
for
@icaew.bsky.social
is on the Spending Review 2025 and how the Chancellor and
@darrenpjones.bsky.social
have set out the UK Government's priorities through the financial choices they have made. Read more:
bit.ly/43IR7lF
10 months ago
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My
#icaewchartoftheweek
for
@icaew.bsky.social
is on NATO defence spending this week, illustrating how much more NATO countries would need to spend to reach President Trump's proposed new targets of 3.5% or 5.0% of GDP. Read more:
bit.ly/3ZjKGmx
10 months ago
0
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My
#icaewchartoftheweek
for
@icaew.bsky.social
is on how quarterly GDP has increased by 21% over the last three years. Most of that has been inflation, with economic growth of just 2.8% - a fall of 0.5% on a per person basis. Read more:
bit.ly/3HhsHGW
11 months ago
0
1
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My
#icaewchartoftheweek
for
@icaew.bsky.social
is on UK-EU trade in 2024 in the light of Monday's deal to reduce trade barriers put in place since Brexit. Read more:
bit.ly/4kwUb9N
@ukgovernment.bsky.social
@eudelegationuk.bsky.social
11 months ago
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My
#icaewchartoftheweek
for
@icaew.bsky.social
is on Canada this week, highlighting its trade surplus on energy sales to the US, and trade deficits on other goods and services. Read more:
bit.ly/3RLw7UE
12 months ago
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0
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My
#icaewchartoftheweek
for
@icaew.bsky.social
looks at trade with the US in light of the 10% tariffs imposed on the UK by President Trump on ‘liberation day’. Read more:
bit.ly/3R4JlLQ
about 1 year ago
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1
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My
#icaewchartoftheweek
for
@icaew.bsky.social
takes a look at how the Chancellor trimmed the government's spending plans to dig the public finances out of the hole created by a deteriorating fiscal forecast. Read more:
bit.ly/3DLQq0N
about 1 year ago
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The end of year capital rush My
#icaewchartoftheweek
for
@icaew.bsky.social
this week highlights the big rush in UK public sector capital expenditure in the final quarter of each financial year. Just what is it about March that makes it the best time to build new assets? Read more:
bit.ly/3CGFxww
about 1 year ago
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1
1
My
#icaewchartoftheweek
for
@icaew.bsky.social
looks at how federal debt is on track to reach and exceed levels last seen in the 1940s according to Congressional Budget Office forecasts released just before President Trump was inaugurated. Read more:
bit.ly/40MvnDZ
about 1 year ago
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My
#icaewchartoftheweek
for
@icaew.bsky.social
looks at what we all do for a living. The government wants to move more people from 'economic inactivity' into the workforce, benefiting the
#publicfinances
twice over by cutting welfare and bringing in more tax receipts. Read more:
bit.ly/3VdcpmA
over 1 year ago
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My
#icaewchartoftheweek
illustrates how PM Keir Starmer’s £172,153 salary entitlement would have been £305,770 if prime ministerial pay had kept pace with inflation since 2009. Perhaps it might be time for an independent pay review body for the PM? Read more:
bit.ly/4gILOXG
over 1 year ago
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