Companies

Image for half smes predict zero growth year

Business | Half of SMEs predict zero growth this year

Over half of UK SMEs predict that they will see no growth over the next 12 months due to rising costs and the supply chain disruption

25 Apr 2022

Image for azets signs partnership bibby financial services

Business | Azets signs partnership with Bibby Financial Services

Azets has partnered with Bibby Financial Services (BFS) to provide whole-turnover invoice finance facilities and boost funding for SMEs

25 Apr 2022

Accountancy Firms

Image for people news bdo kpmg haines watts pkf intuit

Business | People in the news: BDO, KPMG, Haines Watts, PKF, Intuit

In this week’s accountancy career moves, partner promotions and senior hires at BDO, KPMG, Haines Watts, PKF Francis Clark and Tylney Smith and Williamson, plus leadership change at Intuit

22 Apr 2022

Leadership & Management

Image for 39 rise company insolvencies one month

Business | 39% rise in company insolvencies in one month

The UK saw 2,114 company insolvencies in March 2022 which is a 39% increase from February

22 Apr 2022

Image for funeral plans be covered financial compensation

Business | Funeral plans to be covered by financial compensation

Protection for holders of pre-paid funeral plan schemes will come into force from July when the government legislates for additional protection for consumers

22 Apr 2022

Image for find grant government tool enters trial phase

Business | Find a Grant government tool enters trial phase

The government is trialling an online tool to give users easier access to information about grants and how to access funding on schemes from workplace charging to R&D innovation

22 Apr 2022

Accountancy Firms

Business | FCA sets rules on board diversity at listed companies

The Financial Conduct Authority (FCA) has finalised rules that will make it mandatory for listed companies to report on diversity levels on their boards and executive management

21 Apr 2022

Image for deloitte fined ps14m mitie audit failures

Business | Deloitte fined £1.4m for Mitie audit failures

Deloitte has been fined £1.4m for its audit of FTSE 250 outsourcing group Mitie after admitting rule breaches during its 2016 audit

21 Apr 2022

Accountancy Firms

Image for consumer protection rules will be extended

Business | Consumer protection rules will be extended

Prepayment schemes like Christmas savings clubs will have to fully safeguard customers’ money through insurance or trust accounts

20 Apr 2022

Image for uk revokes moscow stock exchanges recognised status

Tax | UK revokes Moscow Stock Exchange's recognised status

HRMC is to withdraw the Moscow Stock Exchange’s (MOEX) status as a recognised stock exchange meaning future investors will not be able to access UK tax benefits

19 Apr 2022

Business | Operating costs set to squeeze profit margins, warns Deloitte

Faced with a more uncertain economic climate, a record number of finance leaders expect operating costs to rise in the year ahead, according to Deloitte’s UK CFO Survey Q1 2022

19 Apr 2022

Leadership & Management

Image for post pandemic issues facing accounting sector

Business | Post-pandemic issues facing the accounting sector

The pandemic stretched leadership teams in the finance and accounting sector, highlighting the value of investment in technology, explains Nick Peplow, solutions director – finance & accounting, at Liberata

12 Apr 2022

Leadership & Management

| Deloitte’s Go-Ahead audit under investigation

The Financial Reporting Council (FRC) has launched an inquiry into Deloitte’s audits for listed rail operating group Go-Ahead

12 Apr 2022

Business | Powers to tackle director fraud explained

New powers granted to the Insolvency Service to tackle director fraud must be used with care to prevent a culture of fear around the insolvency process, argues Rachel Lai, insolvency director at Menzies LLP

11 Apr 2022