Companies

Image for people news mazars bdo deloitte

Business | People in the news: Mazars, BDO, Deloitte

In this week’s accountancy career moves, partner promotions at Mazars, BDO and Deloitte, and chair named at The European Financial Reporting Advisory Group

11 Sep 2020

Careers

Image for chancellor urged extend furlough scheme

Business | Chancellor urged to extend furlough scheme

MPs are urging the Chancellor to ‘carefully consider’ targeted extensions to the coronavirus job retention scheme (CJRS), and whether the ‘triple lock’ state pensions should be maintained, as part of the government’s response to Covid-19

11 Sep 2020

Image for rise companies collecting ethnicity pay gap data

Business | Rise in companies collecting ethnicity pay gap data

The number of companies calculating their ethnicity pay gap has grown significantly in the past two years, a study by PwC suggests

11 Sep 2020

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Business | Accountants fight the horror of modern slavery

The Institute of Financial Accountants is working in partnership with the National Crime Agency (NCA) to help raise awareness of modern slavery and support accountants to tackle the horrors of human trafficking

11 Sep 2020

Image for english football clubs financially distressed despite record ps6bn revenues

Business | English football clubs financially distressed despite record £6bn revenues

Half of England’s top professional football clubs have reported concerns about their financial health despite starting the 2019/20 season with the prospect of record revenues of more than £6bn, according to BDO report

11 Sep 2020

Image for call extend covid 19 insolvency protection

Business | Call to extend Covid-19 insolvency protection

The government should extend emergency Covid-19 insolvency measures or risk seeing a raft of company collapses and job losses later this year, the Institute of Directors (IoD) has warned

10 Sep 2020

Restructuring & Insolvency

Image for ir35 delay leads blanket ban u turn

Tax | IR35 delay leads to blanket ban U-turn

The delay to the private sector IR35 roll-out has encouraged more employers to ‘get it right this time around’, with staffing companies reporting that over a third of hirers (35%) were making a U-turn on non-PSC decisions

10 Sep 2020

Image for grants businesses affected local lockdowns

Business | Grants for businesses affected by local lockdowns

As the government tightens Covid-19 restrictions in the face of a spike in coronavirus cases, the Treasury has said businesses affected by local lockdowns will be eligible for grants to cover some of their loss of earnings

10 Sep 2020

Restructuring & Insolvency

Image for ey global revenues total 372bn

Business | EY global revenues total $37.2bn

EY has reported record global revenues of $37.2bn (£28.6bn) for the financial year ended June 2020, although the 4.1% annual increase was only half of the previous year’s level of growth, underlining the global economic impact caused by Covid-19

10 Sep 2020

Restructuring & Insolvency

Image for preferential creditor change creates headache rescue remedies

Tax | Preferential creditor change creates headache for rescue remedies

As HMRC regains its position at the front of the creditor queue, Ashford’s Katie Farmer and Amy Gallimore explain the impact on corporate insolvencies, including CVA challenges and cash flow crises

10 Sep 2020

Careers

Image for small accountancy firms remain vital sme covid 19 survival

Finance | Small accountancy firms remain vital to SME Covid-19 survival

To commemorate Small Business Advice Week, ACCA (the Association of Chartered Certified Accountants) produced a report outlining the importance of Smaller accountancy firms on businesses trying to survive the Covid-19 pandemic

9 Sep 2020

Image for lloyds rapped over anti competitive bank loans

Business | Lloyds rapped over anti-competitive bank loans

Lloyds Banking Group has been censured by the Competition and Markets Authority (CMA) for forcing small business customers to open business current accounts (BCAs) when taking out bounce back loans, in contradiction to competition rules

9 Sep 2020