Business | Company failures fall 31% in April

The number of company insolvencies decreased by 31.8% in April 2023 to a total of 1,685 compared to March’s total of 2,471

16 May 2023

Business

Companies

Accountancy Firms

Business | HR webinar: redundancy, absence management, conduct

Join our HR webinar to keep up to date with the latest issues on redundancy, absence management and conduct for accounting and finance professionals

16 May 2023

Business

Companies

Accountancy Firms

Leadership & Management

Business | Avoiding holiday pay headaches this summer

Suzanne Gallagher, head of UK payroll at Employment Hero, looks at the payroll complexities related to holiday pay with tips and advice for employers

16 May 2023

Business

Companies

Accountancy Firms

Business | Former football boss jailed for £4m Ponzi fraud

The former chairman of Spalding United Football Club and an unauthorised trader have been jailed for four years after they defrauded hundreds of investors out of £4m

16 May 2023

Business

Companies

Accountancy Firms

Called to Account

Business | High costs hit mental health of company heads

Around two-thirds of business leaders said that the economic outlook and rising costs had negatively affected their mental health

15 May 2023

Business

Companies

Accountancy Firms

Business | Investigations into directors of insolvent companies up 36%

The average number of cases of misconduct by directors referred to the Insolvency Service’s compliance team more than doubled in 2022

15 May 2023

Business

Companies

Restructuring & Insolvency

Business | Young accountants drinking too much

One in five accountants aged under 30 said that their drinking habits have negatively impacted their work or personal life

12 May 2023

Business

Companies

Accountancy Firms

Business | Revolut CFO resigns for ‘personal reasons’

The online banking group Revolut’s chief financial officer, Mikko Salovaara, has resigned for ‘personal reasons’ after working at the fintech firm for two years

12 May 2023

Business

Companies

Accountancy Firms

Business | CEO fraud attacks up 6% in a year

Over £1.2bn was stolen by criminals through fraud in 2022 with the volume of CEO fraud incidents up 6%

12 May 2023

Business

Companies

Accountancy Firms

Business | GDP down 0.3% in March

The economy contracted by 0.3% in March, but saw some growth overall in the first quarter, according to the Office for National Statistics (ONS)

12 May 2023

Business

Companies

Accountancy Firms

Business | Bank of England raises interest rate to 4.5%

The Bank of England has hiked interest rates by another 0.25% marking a year of increases to 4.5%

11 May 2023

Business

Companies

Accountancy Firms

Business | Half of accounting work still reliant on manual processes

Over half of accountants still spend too much time on manual tasks with lower levels of automation than expected

11 May 2023

Business

Companies

Accountancy Firms

AI & Technology

Business | Vacancies for accountants up 20% in a year

There were over 14,500 vacancies for accountants in commerce and industry across England and Wales in 2022, up 20% from 2021

11 May 2023

Business

Companies

Accountancy Firms

Careers

Business | Consumers cautious about using AI

UK consumers are unconvinced with the benefits of artificial intelligence (AI), with the majority preferring to interact with a human, according to a KPMG survey

10 May 2023

Business

Companies

Accountancy Firms

AI & Technology

Business | Businesses look to short-term staff due to uncertain outlook

UK businesses are shifting to temporary workers amid lingering economic uncertainty and rising costs, shows the latest KPMG and REC jobs report

10 May 2023

Business

Companies

Accountancy Firms