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Reading: Accountants flag rising dangers from Center East instability – ICAEW survey
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Business

Accountants flag rising dangers from Center East instability – ICAEW survey

Editor
Last updated: March 12, 2026 2:45 pm
Editor
Published: March 12, 2026
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Accountants flag rising dangers from Center East instability – ICAEW survey


Greater than half of chartered accountants surveyed by the Institute of Chartered Accountants in England and Wales (ICAEW) say their organisations are uncovered to dangers from the battle within the Center East.

The findings come in opposition to a backdrop of issues over potential spikes in vitality costs and disruption to produce chains.

The net survey ran from 6 to 9 March 2026 and gathered responses from 497 ICAEW members based mostly within the UK, the Center East, South Asia, Cyprus and Turkey.

Of these questioned, 56% mentioned their organisations are uncovered to the fallout from the battle. An extra 29% mentioned it was nonetheless too quickly to evaluate the complete extent of any affect.

Whereas many respondents reported taking precautionary steps, round 56% mentioned they had been carefully monitoring developments.

Round 25% of the respondents mentioned that they had amended journey insurance policies or steering on employees security.

In the meantime, 13% indicated they had been planning to droop or alter operations in places considered as most straight affected.

Amongst UK-based organisations, the primary issues had been vitality and logistics.

Two-thirds (66%) cited increased vitality prices, 54% pointed to produce chain disruption and 46% highlighted staff-related dangers corresponding to safety and journey.

When requested what help from authorities could be most helpful if the battle continues, 48% of UK respondents prioritised assist with vitality payments.

ICAEW chief government Alan Vallance mentioned: “Our information reveals that rising vitality prices and provide chain disruption are the most important threats to companies proper now because the battle within the Center East continues to escalate.

“Surging gasoline costs and interruptions to main vitality infrastructure such because the Strait of Hormuz means the strain is simply intensifying.

“The findings additionally spotlight the numerous interdependence of UK companies and residents with the Center East, and the way our financial destiny is uncovered to instability within the area.”

“Accountants flag rising dangers from Center East instability – ICAEW survey” was initially created and revealed by The Accountant, a GlobalData owned model.

 


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