Companies

Restructuring & Insolvency

Image for scotland gain two new freeports

Tax | Scotland to gain two new freeports

Scotland’s first green freeports based at Cromarty Firth and the Forth have been given the green light by the UK and Scottish governments

16 Jan 2023

Business | Former highways council worker jailed for £1m fraud

A former highways worker has been jailed for stealing almost £1m from Birmingham City Council, before fleeing to the US

16 Jan 2023

Business | World Cup boosts GDP by 0.1% in November

The UK economy grew 0.1% in November as people headed to the pubs to watch the World Cup and retailers benefited in the run-up to Christmas

13 Jan 2023

Image for scottish councils face growing financial challenges

Business | Scottish councils face growing financial challenges

Councils across Scotland faced significant challenges during 2021/22 and are now entering the most turbulent budget setting period seen for many years

13 Jan 2023

Image for consultation holiday entitlement part year workers

Business | Consultation on holiday entitlement for part-year workers

The government is consulting on the calculation of holiday entitlement received by part-year and irregular hours workers, following a recent Supreme Court judgment

13 Jan 2023

Image for what esg and why it relevant now

Business | What is ESG and why is it relevant now?

In the first of a new series on environment, social, governance (ESG), Marc Lepere, CEO of ESGGen, considers the importance of ESG reporting and why the whole supply chain needs to take it seriously

12 Jan 2023

Business | FTX recovers $5bn of assets

Collapsed cryptocurrency exchange FTX has located more than $5bn (£4.1bn) of assets, but the scale of losses to customers is still unknown

12 Jan 2023

Image for hmrc mistakenly named estate agency aml breaches

Business | HMRC mistakenly named estate agency for AML breaches

An estate agency was accidentally named and shamed by HMRC in December over alleged anti-money laundering (AML) breaches

12 Jan 2023

Business | Charity owner banned for £50k bounce back fraud

A charity director has been banned for seven years after fraudulently taking a £50,000 bounce back loan for his charity

12 Jan 2023

Business | Level of capital investment set to decline

Businesses are reducing their investment in land, plant and machinery as concerns about the cost of living crisis continue to affect confidence levels

12 Jan 2023

Image for liverpool and east anglia freeports get green light

Tax | Liverpool and East Anglia freeports get green light

The Liverpool and East Anglia freeports have received final government approval, with £25m in seed funding

11 Jan 2023

Business | Byron Burgers to close half its restaurants

Mid-range burger chain, Byron Burgers, is going to close nearly half of its restaurants as the chain faces potential insolvency

11 Jan 2023

Image for guaranty trust bank fined ps76m aml failures

Business | Guaranty Trust Bank fined £7.6m for AML failures

The Financial Conduct Authority (FCA) has fined Nigeria’s Guaranty Trust Bank (UK) Limited £7.6m for failures in its anti-money laundering (AML) controls

10 Jan 2023

Business | Big Four earn £1bn from public sector consulting

The public sector spent a record £19bn on strategic suppliers from IT and telecoms to Big Four consulting firms

10 Jan 2023

Image for energy support business cut april

Business | Energy support for business cut from April

Businesses, charities, and the public sector will receive limited energy discounts from 1 April in a year-long £5.5bn package announced by the Chancellor

10 Jan 2023