Business | National living wage to rise to £9.50

The national living wage will rise 59 pence from £8.91 to £9.50 from 1 April 2022

25 Oct 2021

Business

Companies

Business | Companies House received record 11.3m digital filings

Companies House accepted 11.3m digital filings in the last financial year with the words ‘digital filing’ not even mentioned in last year’s annual report

25 Oct 2021

Business

Companies

Business | EY achieves carbon negative status

Big Four firm EY has become carbon negative by reducing its absolute emissions to offset and remove more carbon than it emits

21 Oct 2021

Business

Companies

Accountancy Firms

Business | Survey reveals lack of ESG awareness

Nearly half of  business leaders of companies with a turnover between £10m and £750m are not familiar with environmental, social, governance (ESG) reporting rules

20 Oct 2021

Business

Companies

Business | Defaults on business covid loans could reach £22bn

Almost a third of coronavirus business interruption loan scheme (CBILS) and bounce back loan scheme (BBLS) loans, amounting to £22bn, will go into default, claims ACP Altenburg Advisory

20 Oct 2021

Business

Companies

Business | Government offers £5,000 grants to replace boilers

The government is to offer subsidies of £5,000 from next April to help homeowners in England and Wales replace their gas boilers with low-carbon heat pumps

19 Oct 2021

Business

Companies

Business | Empathetic leadership leads to higher job satisfaction

The majority of employees believe that empathetic leadership leads to higher job satisfaction and decreases employee turnover, reveals EY leadership survey

19 Oct 2021

Business

Companies

Leadership & Management

Tax | Netflix only paid £4m in corporation tax

The streaming giant Netflix only paid £4m in corporation tax in the UK in 2020 despite generating £1.5bn from its UK subscribers

19 Oct 2021

Tax

Business Tax

Business

Companies

Business | CFOs see labour shortages and supply disruptions persisting

Finance leaders believe that the labour shortages and supply disruptions British businesses are experiencing now are likely to persist for a year, with no meaningful easing until late 2022

18 Oct 2021

Business

Companies

Business | Fraud in a pandemic: the perfect storm?

The sheer scale of fraud committed during the pandemic was exacerbated by the limited level of checks when claims were made for covid grants. Kate Gee, counsel at specialist disputes firm Signature Litigation, examines the scale of the issue

18 Oct 2021

Business

Companies

Accountancy Firms

Business | September insolvencies 56% higher than last year

The number of company insolvencies in September 2021 sat at 1,446 which is 99 more than recorded in August and 56% higher than last year’s figure of 926

15 Oct 2021

Business

Companies

Restructuring & Insolvency

Business | People in the news: BDO, Mercer & Hole, Carpenter Box, ICAEW

In this week’s accountancy career moves, partner promotions at BDO and Tilney Smith & Williamson, new hires at KPMG, Mercer & Hole and Carpenter Box, and regulatory head for ICAEW 

15 Oct 2021

Business

Companies

Accountancy Firms

Careers

Leadership & Management

Business | Auditing and accounting skills most in demand

Finance, auditing, and accounting are the top three most in-demand skills in the UK right now as employers struggle to fill vacancies

15 Oct 2021

Business

Companies

Accountancy Firms

Business | Azets appointed administrators to Symbio Energy

Nicola Clark and Jonathan Amor of Azets have been appointed as joint administrators of Symbio Energy Limited, the latest energy company to collapse

15 Oct 2021

Business

Companies

Business | Small business loan defaults rise substantially

The Bank of England Credit Conditions Survey shows that the majority of banks, 44% reported an increase in loan defaults by small companies in Q3 of this year

15 Oct 2021

Business

Companies