Companies

Image for zog energy becomes 25th uk supplier go bust

Business | Zog Energy becomes 25th UK supplier to go bust

Zog Energy is the latest energy firm to have ceased trading, making it the 25th energy firm to have gone bust since September

2 Dec 2021

Image for less month until full customs controls are introduced

Tax | Less than a month until full customs controls are introduced

HMRC is reminding traders to prepare for customs changes that come into effect on 1 January 2022 which will increase checks and customs declarations

2 Dec 2021

Business | Government to regulate umbrella companies

The government plans to introduce legislation to regulate umbrella companies to protect workers and clamp down on tax avoidance

1 Dec 2021

Image for hmrc blocked ps28m furlough claims

Business | HMRC blocked £28m of furlough claims

HMRC stopped less than £30m worth of furlough claims in the first year of the Coronavirus Job Retention Scheme (CJRS)

30 Nov 2021

Business | Businesses lose work due to poor ESG performance

Three out of five businesses, 59%, have reported that they have lost out on work as a result of their company's environmental, social, governance (ESG) commitments

29 Nov 2021

Image for scotland benefit net zero economy

Business | Scotland to benefit from net-zero economy

According to PwC's Green Jobs Barometer, Scotland is the best place in the UK to benefit economically from the shift towards a net-zero economy

29 Nov 2021

Image for nao concerned over kickstart scheme

Business | NAO concerned over Kickstart scheme

The government has a ‘limited’ grip on whether its flagship Kickstart scheme for getting young people into employment is actually working, a report has warned

29 Nov 2021

Business | FCA spends £5m on laptops to aid hybrid working

The Financial Conduct Authority (FCA) has spent over £5m on new laptops and mobile phones to support remote working, according to official figures

26 Nov 2021

Image for people news bdo thomas westcott lubbock fine kpmg deloitte

Business | People in the news: BDO, Thomas Westcott, Lubbock Fine, KPMG, Deloitte

In this week’s accountancy career moves, partner promotions at BDO, KPMG, Deloitte, Thomas Westcott and Lubbock Fine, and hires at Interpath Advisory and EY-Parthenon

26 Nov 2021

Leadership & Management

Image for two more energy firms go bust 0

Business | Two more energy firms go bust

Entice Energy and Orbit Energy have ceased trading bringing the number of energy companies that have collapsed to 25 since August

26 Nov 2021

Restructuring & Insolvency

Image for schools reported ps675m deficit

Business | Schools reported a £675m deficit

The National Audit Office (NAO) has called on the Department for Education (DfE) to investigate why council-run secondary schools have reported a £675m deficit

26 Nov 2021

Image for increase interest rates would put pressure cashflow

Business | Increase in interest rates would put pressure on cashflow

Thousands of businesses that have taken out bank loans could fail if their cashflows are not sufficient to cover interest related covenants, say tax and advisory firm Blick Rothenberg

26 Nov 2021

Image for ftse 100 bosses average ps294m pay package

Business | FTSE 100 bosses average £2.94m pay package

Executive pay at FTSE 100 companies continues to show restraint in 2021, PwC analysis finds, though there has been a slight dip in the number of CEOs having their salaries frozen

25 Nov 2021

Leadership & Management

Image for acca warns against risk greenwashing

Business | ACCA warns against risk of greenwashing

The Association of Chartered Certified Accountants (ACCA) has warned SMEs and their accountants to not fall into the ‘unwary trap’ of greenwashing and to ‘not cut corners’ on sustainability reporting

24 Nov 2021