ICAEW on Europe

The Institute of Chartered Accountants in England and Wales has told LDEG that the EU is the largest and most important market for UK businesses and that its success as a competitive and growing economy which can respond flexibly to the challenges of globalisation is critically important for economic growth in the UK. They also acknowledge that the EU faces some turbulent times ahead due to the combination of a global economic downturn and the growing threat of climate change.