Business | Children gifted £14bn a year by parents

Parents gift or loan their children an estimated £17 billion each year, mostly to help with buying a house or as a wedding present

13 Feb 2023

Business

Companies

Accountancy Firms

Business | Pub and bar closures hit 500 in a year

The number of pub and bar insolvencies has jumped by 83% in the past year, as the hospitality sector faces rising energy prices and falling demand

13 Feb 2023

Business

Companies

Accountancy Firms

Restructuring & Insolvency

Business | Accountancy apprenticeships open up opportunities

During National Apprenticeship Week, apprentices recruited through the Access Accountancy scheme explain the benefits and career opportunities

10 Feb 2023

Business

Companies

Accountancy Firms

Careers

Business | Economy shows zero growth following 0.5% GDP fall

The UK economy narrowly avoided recession at the end of 2022 but growth is expected to remain close to zero in 2023

10 Feb 2023

Business

Companies

Accountancy Firms

Business | Azets to recruit 500 apprentices

Azets has revealed plans to hire more than 500 apprentices, graduates and school leavers in 2023 as part of a significant nationwide recruitment drive

10 Feb 2023

Business

Companies

Accountancy Firms

Careers

Business | Head of audit regulator quits for HS2 job

The head of the audit regulator Sir Jon Thompson has resigned from the Financial Reporting Council (FRC) to become chair of HS2

10 Feb 2023

Business

Companies

Accountancy Firms

Leadership & Management

Business | Banks paid £4.4bn for defaulted bounce back loans

More than 7% of bounce back loans are in arrears, while banks have claimed billions from the government in compensation for defaulted loans

8 Feb 2023

Business

Companies

Accountancy Firms

Business | Liberty Steel customer Aartee Bright Bar collapses

Aartee Bright Bar, a major customer for Sanjeev Gupta’s Liberty Steel, has gone into administration, putting more than 250 jobs at risk

8 Feb 2023

Business

Companies

Accountancy Firms

Restructuring & Insolvency

Business | Temporary staff hires rise due to uncertain outlook

Cost pressures and ongoing economic uncertainty dampened permanent staff hiring at the start of 2023, shows latest KPMG and REC jobs report

8 Feb 2023

Business

Companies

Accountancy Firms

Tax | Grant Shapps to head up revamped energy department

The Prime Minister Rishi Sunak has restructured four government departments with a shake-up of the business department as he prioritises energy stability

7 Feb 2023

Tax

Politics

Business

Companies

Business | Investment schemer jailed for £2.7m fraud

A fraudster who ran an investment fraud scheme with his wife has been jailed for nine years after stealing £2.7m from 175 known victims

7 Feb 2023

Business

Companies

Accountancy Firms

Called to Account

Business | More school leavers turn to apprenticeships

Following the start of National Apprenticeship Week, participating in an apprenticeship has had a positive impact on the careers of school leavers

6 Feb 2023

Business

Companies

Accountancy Firms

Careers

Business | What’s it like being an accountancy apprentice?

At the start of National Apprenticeship Week, Accountancy Daily talks to apprentices about their experiences of training at top firms

6 Feb 2023

Business

Companies

Accountancy Firms

Careers

Business | Travel agent jailed for £1.2m fraud

A travel agent has been jailed for nine years after stealing more than £1.2m to fund a lavish lifestyle through a Facebook ponzi scheme

6 Feb 2023

Business

Companies

Accountancy Firms

Called to Account

Business | Cloud computing risks top concern for finance bosses

IT risks due to cloud software currently top the list of cyber security concerns that corporate leaders believe will have a significant impact on their organisations in 2023

3 Feb 2023

Business

Companies

Accountancy Firms

AI & Technology