Accountancy wages soar

High demand for the skills of chartered accountants means that the average salary for those working in business is £79,400, according to a survey by the Institute of Chartered Accountants in England and Wales (ICAEW) and specialist financial recruitment consultancy Robert Half Finance & Accounting. The first Career benchmarking survey of ICAEW members in business also showed that salaries vary by sector. Salaries were highest in the financial services sector (£85,000 on average) and lowest in retail and wholesale (£70,000).