Companies

Image for cooper parry posts 10 revenue growth

Business | Cooper Parry posts 10% revenue growth

Cooper Parry, which quit the PKF network last May in a dispute over plans for geographic expansion, has reported near double digit organic growth

30 Jan 2020

Image for commemorative brexit 50p coin revealed

Business | Commemorative Brexit 50p coin revealed

The Chancellor has revealed the Brexit coin, a 50p inscribed ‘Peace, prosperity and friendship with all nations’ and the date the UK leaves the EU

28 Jan 2020

Image for ps46m brexit ad campaign ineffective

Business | £46m Brexit ad campaign ‘ineffective’

A £46m government advertising campaign ahead of the October 2019 date for the UK’s departure from the EU did not result in the public being significantly better prepared for Brexit

28 Jan 2020

Image for 175 year old estate agency sold out administration

Business | 175-year old estate agency sold out of administration

Begbies Traynor has sold a 175-year old estate agent, Humberts, out of administration in a deal made with a consortium of its existing offices

27 Jan 2020

Restructuring & Insolvency

Image for brexit withdrawal act given royal assent

Business | Brexit Withdrawal Act given Royal Assent

Brexit is moving a step closer with the Withdrawal Agreement Act now in statute following Royal Assent and completion of the implementation period by 31 December 2020

24 Jan 2020

Image for value fraud cases exceeds ps1bn uk courts

Business | Value of fraud cases exceeds £1bn in UK courts

The number of insider fraud cases involving businesses has more than doubled in the last year, according to figures from KPMG

24 Jan 2020

Image for nexia network revenue hits ps33bn

Business | Nexia network revenue hits £3.3bn

Accounting network Nexia International saw a 7% rise in revenues last year, with total fee income of more than $4.3bn (£3.3bn)

23 Jan 2020

Image for european data breach fines hit ps97m

Business | European data breach fines hit £97m

European regulators have imposed €114m (£97m) in fines under the GDPR regime for data privacy infringements, with a further €329m in fines threatened by the UK regulator

22 Jan 2020

AI & Technology

Image for fs firms pause post brexit relocation plans

Business | FS firms pause post-Brexit relocation plans

With 10 days to go until the UK officially leaves the EU, financial services firms have gone quiet on relocation announcements, and are focusing instead on the nature of post Brexit relationships, according to research from EY

21 Jan 2020

Image for military vehicle manufacturer loses cashflow battle

Business | Military vehicle manufacturer loses cashflow battle

Blair Nimmo, partner, and James Lumb, director, from KPMG’s restructuring practice have been appointed joint administrators of Penman MW Ltd

21 Jan 2020

Restructuring & Insolvency

Image for lord attempts save smes 30 day payment limit

Business | Lord attempts to save SMEs with 30-day payment limit

Lord Mendelsohn is introducing a Private Members Bill to the House of Lords in an effort to tackle late payments and to strengthen the powers of the Small Business Commissioner

21 Jan 2020

Image for beales sunk high rent and low sales

Business | Beales sunk by high rent and low sales

KPMG has been appointed as administrator of department store Beales as the company collapses into administration following high rent and poor Christmas sales

20 Jan 2020

Restructuring & Insolvency

Image for green corporate governance vital 2030 environment goals 0

| Green corporate governance vital to 2030 environment goals

Accounting bodies have called for listed companies to improve reporting on the UN’s Sustainable Development Goals (SDG) in an attempt to meet 2030 environmental goals

20 Jan 2020

Finance | Investors want more insight into relationship between board and employees

Companies need to improve their reporting on workforce-related issues by providing clearer and more consistent information about how staff interface with wider the business strategy, says UK standard setter

20 Jan 2020

Image for wealth series advising entrepreneur after business sale part 3

Business | Wealth series: advising an entrepreneur after a business sale – part 3

Ian Dembinski, head of client development at Rathbone Investment Management, explores the partnership between accountant and wealth manager in guiding entrepreneurs through the sale of their business and managing their wealth in the longer term

20 Jan 2020