Carol Culley OBE’s Post

'Ripsnorter' is not a word you see often, but its a terrific word, and a very good description of the period we are having in the MFMac Corporate Finance team. The dawn of the new Labour government and, specifically, the express signalling coming from Rachel Reeves and the Treasury about the likely hike in Capital Gains has brought about a frenzy of activity in the M&A market. I can honestly say I have not experienced such a time of intense focus on getting deals complete before a budget. Any government has limitations, but its interesting to see how policy can have a significant impact on behaviours. A good government can use this power to really enhance the business environment....lets see what comes down the track. In the Glasgow Corporate Finance team alone, we have over £400m of deals lined up to complete before end of October. On any measure, that's a lot of in the SME market in Scotland. Not just the best CF team in Scotland, but I expect we are the busiest.......

Senior Director of Consulting, Daniella Barrow MRICS will join Joe Fyans, Localis (think tank), Trevor Holden, South Norfolk and Broadland District Councils for a panel session at Public Finance Live tomorrow. Local councils are under unprecedented financial pressures, prompting a focus on efficient resource optimisation. The government's recent consultation on capital flexibilities suggests selling capital assets to balance budgets, but is this sustainable? ‘Asset or liability? The future of local government finance in the face of capital constraints’ will explore: • Immediate financial relief vs. long-term fiscal health • Alternative strategies for resource optimisation • The sale of capital assets: Pragmatic solution or last resort? Chaired by Paul Connolly, CIPFA, the session aims to provide a nuanced perspective on the future of local government finance in an increasingly constrained economic landscape. See more: https://lnkd.in/eStPTUv

TBLA Ltd is our destination this #TuesdayaboutTown – a climate-friendly accounting firm for your climate-friendly business! 🌳 Listed by our friends over in the Norwich Resilience Web, the folks at TBLA don't just count the pennies and pounds... They also account for companies' carbon footprint and – even better – they help them to develop an actionable to plan to hit net zero 💚 And if you've already got a plan? Well, then you've just earned yourself a tidy discount off all their other accounting services! A quick look at their client books backs up this B Corp's bona fides too (B Lab UK) , as they're working with such stars as Permaculture Publications, The Apricot Centre, and Athena Education Support CIC 🪀 They're also a member of the Organisation for Responsible Businesses, a Living Wage Foundation employer, a champion for Net-Zero Waste Norfolk, and officially committed to SME Climate Hub 💸 So, if you're a small business or social enterprise looking for an accountant that shares your values, they could be accounting firm for you! #resilienceweb #norfolk #norwich #norwichresilienceweb #community #communityresilience #accounting #accountancy #climatejustice #socialjustice #socialbusiness #socialenterprise

The UK government cannot scale up climate finance alone. There are many excellent recommendations on incentivising financial innovation, domestic policy, and capacity building. However, the bigger challenge is reaching international agreement around the demand and supply of private finance. We need both sides to make a market - at the moment it is lopsided. There are numerous positive reasons for the UK government to increase ambition and lead calls internationally to create clarity on the expectations of private finance, not least to rebuild investor confidence. Clarity that many both inside and outside of finance would welcome to anchor collaborative work that is often polarised. I welcomed contributing to the international finance section of this book drawing from WBA's work on financial system transformation, alongside many I respect. https://lnkd.in/eRy9q4qJ Thank you especially to editors David Carlin, David Aikman and Dr Marc Lepere of King's College London and Luca Taschini of University of Edinburgh Business School. Lily Burge Magali Caroline Van Coppenolle Sean Kidney Sagarika Chatterjee David Marriage Krista Tukiainen World Benchmarking Alliance #climatefinance #transitionfinance #sustainablefinance #impact #sdgs #financefordevelopment

Look: 🇵🇭Sustainable Finance Taxonomy Guidelines 👇 https://lnkd.in/g9C3atAC The guidelines are aligned with the PH SF Roadmap and Guiding Principles released in 2021. Both the Roadmap and Guiding principles were developed with support from the UK 🇬🇧 🌏

Scathing reviews and audits of past Australian grants programs by the Australian National Audit Office and the Parliament of Australia's Public Accounts and Audit Committee (then chaired by Julian Hill) have led to sweeping changes to Commonwealth grants rules, which have now come into force. We explain some of the details in the latest edition of Grants Management Intelligence. https://buff.ly/3ZisicE #CommonwealthGrantsRulesandPrinciples #CGRPs

The Role of Judiciary in Green Finance & Adaptive Solutions 🌱 During the forum, Mosharraf Zaidi highlighted an essential truth: "The judiciary sets the law for everyone to follow." He emphasized the importance of platforms like this forum where individuals and organizations from all sectors have come together to identify what is needed for green finance and explore adaptive solutions that drive sustainable initiatives. Most importantly, he shared his hope that we all remain committed to the promises we're making today—for a greener and more sustainable future. Check out this insightful moment in the video below. Let's continue the conversation on how collective action can shape a better tomorrow! #LetsTalkSolutions

The interplay of fiscal pressures, operational challenges, and political dynamics underscores the need for a strategic, forward-thinking approach with an emphasis on alternative delivery, collaborative models and sustainable asset management. Providing a roadmap for councils to navigate the intricate path of public service delivery, ensuring resilience and sustainability in the face of evolving demands and uncertainties.

Staying on the subject of the latest developments in the Channel Islands and Isle of Man that we explore in our weekly newsletter, we asked local experts for their contributions.  Michael Crowe, CEO at Finance Isle of Man brings us up to date on the recently launched Isle of Map Sustainable Finance Roadmap, an initiative designed to direct capital and finance flows toward sustainability and nature-based solutions. Read more about what Michael has to say on the subject as well as our other contributors’ input on the latest developments relevant to their jurisdictions Mirek Gruna, Regional Chief Commercial Officer - UK, Ireland, and the Crown Dependencies at IQ-EQ, Nick Marshall TEP partner at Nicolle Marshall LLP | Jersey, Adam Fellows, senior associate at Walkers, Jersey, Cerisse Fisher, Group Partner at Collas Crill Guernsey, Joe Moynihan, CEO at Jersey Finance and Sarah Bartram-Lora Reina at Stonehage Fleming  Full article https://lnkd.in/eCSzA3_2 Subscribe for free to our weekly newsletter to keep up to date with the latest developments affecting the wealth sector https://lnkd.in/et9kYWeR

The Isle of Man Sustainable Finance Roadmap has been featured in Citywealth! In the article our CEO Michael Crowe provides an overview of our Sustainable Finance initiative that aims to guide capital and financial flows toward sustainability, supporting the Island's commitment to nature-based solutions and sustainable growth. Read the full article, linked below, to learn more about this important initiative.