Given that the ICAEW made a loss of £1,909K in 2007, I assume that they are looking for ways of saving money in order to avoid raising my members' subscriptions (oh, my mistake, we are being asked to vote for an increased in subs of 4%).
I note that the accounts state that communications expenditure increased by 71%, mainly due to the provision of Accountancy to all members. I can't see in the accounts how much the figure actually is though.
Given that all the qualified accountants that I know simply throw the magazine in the bin, unopened.
Why not stop sending out accountancy to members?