Companies

Image for treasury will relocate more jobs darlington campus

Business | Treasury will relocate more jobs to Darlington campus

Darlington has been chosen as the permanent basis for the government’s Economic Campus, as part of plans to move government departments out of London.

27 Jul 2022

Careers

Image for fca introduces consumer duty financial service providers

Business | FCA introduces consumer duty for financial service providers

The Financial Conduct Authority (FCA) plans to bring in a new consumer duty, which will improve how firms serve consumers from July 2023

27 Jul 2022

Business | Help to Grow scheme expanded to smallest businesses

The government’s Help to Grow: Digital Scheme is to be expanded to businesses with fewer than five employees, which will see over a million businesses eligible.

25 Jul 2022

Business | Restaurant insolvencies jump 64% in a year

The number of restaurant insolvencies has shot up by 64% from 856 in 2020/21 to 1,406 in the past year as rising inflation and labour shortages drive restaurants out of business

25 Jul 2022

Restructuring & Insolvency

Business | Accountants banned from working with Russian companies

The government has introduced legislation banning the provision of accountancy services and management consultancy services to Russian companies

22 Jul 2022

Image for hmrc revises covid 19 fraud total down ps45bn

Tax | HMRC revises covid-19 fraud total down to £4.5bn

HMRC has revised estimates of total losses to covid grants such as the furlough scheme putting the likely figure at £4.5bn, down from the original £5.8bn

20 Jul 2022

Business | Recovery loan scheme extended for two years

The government has extended the recovery loan scheme for small businesses for a further two years but has added a requirement for a personal guarantee from borrowers

20 Jul 2022

Image for hawksford acquires two global trust firms

Business | Hawksford acquires two global trust firms

Global corporate, private client and fund services provider, Hawksford, has acquired Dublin-based Pearse Trust and Mauritius-based Griffon Solutions

20 Jul 2022

Leadership & Management

Image for inflation rate hits 40 year high 94

Business | Inflation rate hits 40-year high of 9.4%

The rate of inflation rose by 9.4% in the 12 months to June 2022, up from 9.1% in May as price rises were hit by rising fuel and food prices

20 Jul 2022

Image for begbies traynor reports record ps110m revenue

Business | Begbies Traynor reports record £110m revenue

Restructuring specialists Begbies Traynor has reported strong performance with results ahead of expectations as revenue hits £110m

19 Jul 2022

Restructuring & Insolvency

Image for nearly half smes plan cut overheads

Business | Nearly half of SMEs plan to cut overheads

Three quarters (75%) of SMEs are focusing on improving their customer relations and services as the economic situation creates challenges, but pressure on cashflow is growing

18 Jul 2022