Creditors’ voluntary liquidations (CVLs) are 70% higher than the figures reported in July 2020 whilst corporate insolvencies fell once again by 9.3% from June to July 2021
Information technology consulting company Cognizant has been awarded two contracts collectively worth £150m, from HMRC, to support its digital application development
The UK government has announced that it has cut the cost of the NHS Test and Trace PCR test for international arrivals and has launched a review to private testing providers
Official data published showed that almost a third of energy companies operating in the North Sea was paid millions in ‘negative tax’ by HRMC in the 2019-20 tax year
The Association of Accounting Technicians (AAT) has released its annual report which showed a £7.8m surplus in the membership body’s income reserve level
A one-off 99% levy on billionaires’ wealth gains during the pandemic could pay for everyone on the planet to be vaccinated against Covid-19, claims Oxfam
Two directors have each received a nine-year ban after their London store sold musical instruments when it was insolvent and then failed to pass thousands of sales proceeds on to clients
PwC has reported that its total group profit for the financial year rose by 25% to £1.2bn as revenue grew by 2% and partners were paid a record payout of over £860,000 per partner
The UK has reported financial losses of £5.7m from 14,883 cybercrime incidents since the start of the year, with one third of the total losses, £1.9m, coming from businesses
Over half of UK adults do not think a university degree is worth the investment, with 57% of young people, aged 16 – 24 years, believing that three or more years of on-the-job experience was more valuable than going to university