Business &amp; Accountancy Daily

Called to Account

Finance | IFRS Foundation cuts costs by 15%

Global accounting standard setter completes cost cutting exercise, building reserves to £49m and confirms 2026 will see change of top leadership

31 Mar 2026

Image for government talked big game lacks fraud controls say mps

Finance | Government ‘talked a big game’ but lacks fraud controls, say MPs

Lack of digital skills in government, low pay, and legacy IT systems prevent progress on tackling multi billion pound public sector fraud and error

31 Mar 2026

Corporate Governance

Public Sector

Image for fca finalises ps75bn car finance compensation scheme

Business | FCA finalises £7.5bn car finance compensation scheme

Millions of motor finance customers will receive compensation payments up to £830 under Financial Conduct Authority (FCA) redress scheme for undisclosed commission payments

31 Mar 2026

Companies

Law & Guidance

Image for eu introduce crossborder rules insolvency proceedings

Business | EU to introduce crossborder rules for insolvency proceedings

The EU is going ahead with plans to introduce new regulation harmonising key aspects of insolvency rules across all member states, creating clear cross-border framework

31 Mar 2026

Restructuring & Insolvency

Corporate Governance

Image for top 75 firms survey 2026 private equity drives growth and ma surge

Business | Top 75 Firms Survey 2026: private equity drives growth and M&A surge

EXCLUSIVE: Hike in income and profits driven by private equity funded M&A triggers fundamental shift in Top 75 Firms as revenue exceeds £24bn for the first time despite Big Four growth flatlining. Philip Smith and Sara White analyse the latest trends, plus exclusive Top 75 league tables

30 Mar 2026

Business | KPMG to cut 500 jobs across audit and advisory

Redundancies planned at KPMG as Big Four firm reduces staff in audit and advisory practices as attrition lower than expected

30 Mar 2026

Tax | Film financers, prop makers and Dubai landlords owe £53.2m unpaid tax

A Soho film investor is one of this month’s top deliberate tax defaulters owing £14.1m to HMRC along with a pandemic PPE supplier, a prop maker, Dubai landlord and OnlyFans creator

30 Mar 2026

Tax

HMRC

Tax Compliance

Image for frc freezes headcount audit supervision system changes

Finance | FRC freezes headcount as audit supervision system changes

Cost control sees regulator freeze staff numbers as it overhauls outdated audit supervision model to focus on risk and SoQM, raising questions about effectiveness

30 Mar 2026

Business | Halifax Panthers rescued amid tax turmoil

After liquidation and expulsion from the Rugby Football League over unpaid six-figure tax bill Halifax Panthers rescued by former director

30 Mar 2026

Restructuring & Insolvency

Tax

VAT

Image for plans make it easier foreign companies relocate uk

Finance | Plans to make it easier for foreign companies to relocate to UK

Proposal to overhaul corporate domicile regime to make it easier and cheaper for foreign companies to move their place of incorporation to UK out for consultation

30 Mar 2026

Accounting Consultations

Corporate Governance

Image for aat salaries outperform sector 9 pay rises

HR | AAT salaries outperform sector with 9% pay rises

Competition for trained accounting technicians sees continuing salary growth with average 9% pay rise across AAT members and double digit bonuses

30 Mar 2026

HR

Work

Careers

Image for reeves looks legacy 45p mileage rate close interest

Tax | Reeves looks at legacy 45p mileage rate with ‘close interest’

Chancellor indicates plan to review approved mileage allowance payment (AMAP) for first time since 2011 ‘ahead of a future Budget’

27 Mar 2026

Finance | Auditor and Traitors star tackles Hajj fraud outside the castle walls

‘People are very good at manipulating others for their own gain, as I only know too well’, says Faraz Noor of Traitors fame in a fraud warning to Mecca travellers

27 Mar 2026

Auditing

Image for people news teneo haysmac azets

HR | People in the news: Teneo, HaysMac, Azets

In this week’s career moves, partner promotions and hires at BDO, Grant Thornton, Teneo, HaysMac, Azets, MHA, ForrestBrown, Simpkins Edwards, Audit Scotland

27 Mar 2026

HR

Careers

Image for caba older calculators celebrates 140 years

Business | Caba older than calculators as celebrates 140 years

Set up in 1886 by accountants helping a junior colleague through a terminal illness, caba celebrates its 140th anniversary as role of former Deloitte co-founder recalled

27 Mar 2026

Companies

Accountancy Firms

Image for clocks changing and pay calculations

HR | Clocks changing and pay calculations

With British Summer Time (BST) starting on Sunday 29 March when the clocks spring forward, our Croner HR experts explain how this affects pay calculations

27 Mar 2026

HR

Work