Accountancy Age conducted survey, during the second half of 2004, in which it asked if people were in favour of the merger.
Over 70% of those ICAEW members who took part were against the merger.
Eric Anstee, ICAEW chief executive, rather bizarrely stated that the results were "encouraging".
I wonder what he would consider to be discouraging?
He noted that the question was not fair, as the there had been no strategic business case put forward at the time.
He reportedly told Accountancy Age:
"If and when we put a proposition to our members, we will only do so if we believe a compelling strategic and business case supports the rationale for consolidation."
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