Oil giant BP confirms immediate removal of chair and director Albert Manifold after ‘serious concerns’ related to ‘important governance standards, oversight and conduct’
KPMG signs deal with Anthropic to embed Claude Cowork in the Big Four firm’s global client delivery platform starting with new capabilities for tax and legal clients
April tax figures show big increase in income tax and capital gains tax as HMRC pulls in more revenue from high tax burden, and huge hikes at the forecourt see more VAT going to the Treasury
‘Trying to hide his criminality with false receipts and accounting’, ex-SNP chief executive stole £400,310 from political party to fund a luxury lifestyle
Amount of mid-market accountancy firms expected to accept private equity investment falls 10% year-on-year, as a desire to preserve ‘distinct identity and values’ appears
In this week’s career moves, partner promotions and hires at BDO, EY, Dains, Rawlinson & Hunter, Alvarez & Marsal, Azets, MHA, Quantify, Digital Futures, Signicat, R3 Yorkshire
‘He knew his restraint but didn’t pay much heed’ court hears as former boss of collapsed investment firm, embroiled in £237m trial, is jailed for selling hot tub in contempt of court breach
After Supreme Court ruled ‘sex means biological sex’, draft Code of Practice issued to setting out how organisations, including accountancy and law firms, will have to comply with the law on toilet and changing room provision
After renowned Derbyshire potter shatters into administration, government pledges £120m to industry although worries surround government's ‘near term costs’
‘Expectations have fundamentally shifted’, as accounting employees cite the financial and psychological ‘tax’ of the commute fuelling a desire to leave office work behind
Summer cuts to VAT to 5% for children’s meals across hospitality sector and visitor attractions, tax free mileage rate increased and foreign branch exemption removed for oil and gas sector
When the salary sacrifice NI threshold is capped at £2,000, there will be hidden costs for employers and staff alike, as the change cuts across different income bands, warns Adele Clapp, tax director at Bishop Fleming
Private equity backed Grant Thornton, the sixth largest accounting firm, reported 3.3% revenue growth to £787m as audit and tax fees more than offset decline in advisory work
Jailed Liverpool man ‘fundamentally breached standard of conduct expected of a teacher’ after stealing £15,490 using stepson to cash cheques to fake companies
UK standard setter finalises annual review of FRS 101 Reduced Disclosure Framework with decision not to amend nature-dependent electricity disclosures after IFRS
Government launches series of pilots to trial brand new fit note system as general consensus current approach to sick notes fails patients, employers and GPs
Challenger bank teams up with fintech Adyen to allow SME business customers to accept debit and credit card payments from customers using smartphones and Starling bank app
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