Companies

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Business | Hotels go bust as Airbnb thrives

Hotel insolvencies have hit a five-year high as 144 shut up shop in 2018, this is up from 90 closures the previous year

7 Jan 2020

Restructuring & Insolvency

Image for accounting causes stress micro businesses

Tax | Accounting causes stress to micro businesses

Micro businesses spend 10 weeks a year trying to sort out their finances and accounting compliance is one of the most stressful tasks

6 Jan 2020

Business | FTSE 100 CEOs earn average £900 an hour

Heads of the UK’s biggest companies only need to work until the end of today in order to make the same amount of money that the typical full-time employee will in the entire year

6 Jan 2020

Image for ex big four staff chair majority audit committees

Business | Ex Big Four staff chair majority of audit committees

Six out of 10 FTSE 100 audit committees are chaired by former Big Four audit firm alumni, according to exclusive research by Accountancy Daily

6 Jan 2020

Image for small business confidence plunges eight year low

Business | Small business confidence plunges to eight-year low

The Federation of Small Businesses (FSB) Small Business Index (SBI) measure has hit the lowest point since the last recession

3 Jan 2020

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Business | 2020: what’s in store for accountants in the year ahead?

With Brexit unresolved and a majority government, accountants can expect a turbulent year ahead with IR35 rules for the private sector, loan charge concerns and the extension of Making Tax Digital, while auditors faces cataclysmic changes which could reshape the profession. Sara White gauges the views of industry experts

2 Jan 2020

Image for national living wage set increase april

Business | National Living Wage set to increase from April

The National Living Wage (NLW) is set to increase by 6.2% to £8.72 in 2020

2 Jan 2020

Careers

Image for dominos pizza cfo dies snorkelling accident 0

Business | Domino’s Pizza CFO dies in snorkelling accident

The finance head of pizza delivery giant Domino’s Pizza drowned while snorkelling in Mauritius on Boxing Day

31 Dec 2019

Image for accountant dads suffer work life crisis

Business | Accountant dads suffer work-life crisis

As research shows that the accountancy sector is in the bottom three when it comes to granting dads improved work-life balance, Daddilife’s Joe Flanagan offers six ways employers can help their staff be better dads and happier workers

31 Dec 2019

Image for hmrc winding petitions hit four year high

Tax | HMRC winding up petitions hit four-year high

The tax authorities are taking a tougher stance on companies that go bust owing large amounts of tax with over 4,000 HMRC winding up petitions filed last year

23 Dec 2019

Business | FCA head Andrew Bailey named Bank of England governor

Andrew Bailey, currently head of the Financial Conduct Authority (FCA) has been appointed to succeed Mark Carney as the new governor of the Bank of England

20 Dec 2019

Careers

Image for bank england stress test climate change impact

Business | Bank of England to stress test climate change impact

The Bank of England is consulting on its proposals for stress testing the financial stability implications of climate change, by setting up a biennial exploratory scenario (BES)

20 Dec 2019

Image for mha macintyre hudson upgrades london head office

Business | MHA MacIntyre Hudson upgrades London head office

MHA MacIntyre Hudson is relocating its London head office to a more spacious workplace in the City

18 Dec 2019

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Business | KPMG secures pre-pack rescue for Swoon

KPMG has secured the future of online furniture designer and retailer Swoon after the failed business was sold out of administration in a pre-pack deal which will save all jobs at the company

18 Dec 2019