Grant Thornton has begun a redundancy process involving 70 staff, making the top six firm the first of the major players in the UK accounting market to announce job losses during the current pandemic

The number of UK accounting firms was beginning to decline prior to the Covid-19 pandemic, but bookkeeping businesses are in an accelerated growth phase, according to research by cashflow specialist Float

Businesses that have incurred losses during the Covid-19 pandemic should be able to exchange them for a government cash payment, in the same way as the research and development (R&D) tax relief operates, in order to support them to continue functioning and to preserve future tax revenues, Blick Rothenberg is proposing

The Financial Reporting Council (FRC) has published guidance on best practice for annual general meetings (AGMs) in light of the temporary measures the government has introduced to assist companies in managing the impacts of the coronavirus pandemic

Premier League football clubs are set to lose around £1bn in revenues as a result of Covid-19, having seen their combined revenues break the £5bn barrier last season, according to analysis from Deloitte

A record number of 368 housebuilders went bust in 2019 due to stagnant house prices twinned with rising material and labour costs, according to Price Bailey

The Low Incomes Tax Reform Group (LITRG) is concerned that recipients of the government’s Self-Employed Income Support Scheme (SEISS) grant might not realise that it is taxable

Croner-i writer Rachel Farris FCA CTA looks at the recently released Corporate Insolvency and Governance Bill, and outlines what measures and reliefs are included to assist companies through the issues being caused by Covid-19

An extra £37.8m will be available to debt advice providers this year (20-21) so they can continue to provide essential services to help more people who are struggling with their finances due to Coronavirus, minsters have announced

Parents on statutory maternity and paternity leave who return to work in the coming months will be eligible for the government’s furlough scheme even after the 10 June cut-off date, the Treasury has announced

The Charity Commission has intervened at a charity set up by Prince Andrew, over financial concerns relating to a £355,297 payment to a trustee

Richard Hughes, an economist who has worked for the Treasury, the International Monetary Fund (IMF) and an independent think tank, is set to take over from Robert Chote as the new chair of the Office for Budget Responsibility (OBR)