Ofcom has fined Royal Mail a record £21m for late deliveries of first and second class letters, one of the largest fines the regulator has ever handed out
Quantuma saves 200 jobs in La Perla sale as liquidators of collapsed Italian luxury lingerie brand finalise sale to US billionaire after complex negotiations with Italian insolvency experts
Private equity backed HW Fisher, part of Sumer Group, has acquired Media Marketing Compliance (MMC), a specialist in contract compliance auditing to expand global forensic audit offering
In this month’s exclusive Top 75 Trainees Survey, EY takes top slot as the largest accountancy trainer, pushing out PwC, but twin threats of AI and funding cuts loom large, despite overall numbers hitting nearly 27,000. Philip Smith analyses the current trends and future risks
Majority worried about economic outlook, citing lack of growth, high employment taxes and continuing dissatisfaction with HMRC service levels as major concerns
Deloitte has to repay part of a six-figure consulting fee after AI hallucinated some of the findings in a report on benefit penalties for the Australian government
High Court rules against Danish tax authorities over £1.4bn cum-ex dividend refunds case, saying controls for paying claims were ‘so flimsy as to be almost non-existent’
A major survey of Barclays Bank business customers has reinforced the widespread concern about new tax rises with a reluctance to borrow and invest across SMEs
A spike in payment diversion fraud has seen property buyers losing their deposits as solicitors fall prey to scammers as transactions are being processed