CIMA called on the UK government to use the upcoming budget to implement policies that will increase long-term economic growth by enhancing productivity.
"The UK economy has experienced slow to flatlining economic growth over the last few years," a CIMA news release said, referencing estimates from the Organisation for Economic Co-operation and Development that forecast a growth rate of 0.7% this year.
A report released last year by AICPA & CIMA, together as the Association of International Certified Professional Accountants,