Discover our blogs

Aerospace | Cranfield University


Agrifood | Cranfield University


Alumni | Cranfield University


Careers | Cranfield University


Careers | Cranfield University

Defence and Security

Design | Cranfield University


Energy and Power | Cranfield University

Energy and Sustainability

Environment | Cranfield University


Forensics | Cranfield University


Libraries | Cranfield University


Libraries | Cranfield University

Manufacturing and Materials

Libraries | Cranfield University

School of Management

Libraries | Cranfield University

Transport Systems

Water | Cranfield University


Homepage / Advice for Finance Directors

Advice for Finance Directors



Two interesting pieces of advice were given by the economist panel at this morning’s ICAEW Finance Directors conference.

1. Tony Greenham from the New Economics Foundation suggested that in developing economies such as the UK, low growth may be the norm. He suggested that one scenario FDs should run through their planning system is “what would happen if we ended up only growing 1% to 2% in the medium term?” This is the situation that countries such as Japan have faced.

2. Warwick Lightfoot, cabinet member Royal Borough of Kensington and Chelsea suggested that although the banking system may not fail, individual institutions may well do so. His top tip is to look at your risk as a corporation to having cash on deposit with certain institutions. A sobering thought.


Mike Bourne


Written By: Cranfield CBP

Categories & Tags:

Leave a comment on this post:

Sign up for more information about studying master’s and research degrees at Cranfield

Sign up now
Go to Top