KPMG UK’s revenues dropped by 4% last year, from £2.4bn to £2.3bn, while profits fell 6% and partner pay was cut by 11%, during a year which also saw the firm celebrate its 150th anniversary
South west-based Thomas Westcott has made a further investment in its regional business by merging with longstanding Plymouth-based accountancy practice Riley Chartered Accountants
To assist accountants, tax advisers and auditors in dealing with the coronavirus crisis, all our related covid-19 coverage will be available here as soon as new announcements are made, plus expert analysis
PwC UK has for the first time published details of its Black, Asian and Mixed Ethnic (BAME) background pay gaps, as part of an action plan designed to address diversity in the workplace
Leadership and management skills are essential, even in the best of times, but during a crisis they are crucial to any business or organisation. Judith Christian-Carter, individual learning consultant, takes a look at some recent research into how leaders and managers have adapted to rapidly changing circumstances as a result of the current pandemic
In this week’s accountancy career moves, partner appointments at Mazars, Streets and Grant Thornton, audit and accounting writer joins Croner-i team, and director general for HMRC customer service group
Phil Verity has been re-elected as senior partner of top ten firm Mazars by the 130 UK partners, and is to serve a third consecutive four-year term, starting from next month
Will Wright and Steve Absolom from KPMG’s restructuring practice have been appointed joint administrators to casual dining operator Dining Street Ltd and its two subsidiaries, Richoux Ltd and Newultra Ltd, which have seen trade dry up during the pandemic
In this week’s accountancy career moves, partner appointments at Wylie & Bisset, Streets Chartered Accountants, RSM and BDO, managing director elected at Alvarez & Marsal Taxand, and senior tax specialist named at Catax
Top twenty player Moore Kingston Smith, the London firm of the Moore UK network, has acquired the audit and accounting business of tax specialist Frank Hirth
The Low Incomes Tax Reform Group (LITRG) is calling for the high income child benefit charge (HICBC) threshold to rise to avoid it hitting basic-rate taxpayers for the first time in April
Karen Young, director of Hays Accountancy & Finance, examines the key findings of the annual Hays Salary Guide 2020 which sees 54% of employers planning to recruit staff over the next 12 months
The BBC is facing an uncertain financial future, with significant challenges to its main source of income, and the need to introduce greater savings, according to the National Audit Office (NAO)
The number of UK businesses now in significant financial distress has jumped by 13%, but administrations last year fell to historic lows as government support measures offered a pandemic lifeline for many companies
More than half of companies reporting in the last six months paid no bonuses to executives, indicating boards are following investor guidance and demonstrating restraint when making decisions on executive pay amid Covid-19
A review commissioned by the Department of Business, Energy and Industrial Strategy (BEIS) has recommended improvements to the way in which independent board evaluations are carried out in the UK listed sector