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Image for boris bus manufacturer skids administration

Business | Boris bus manufacturer skids into administration

Northern Ireland bus manufacturer Wrightbus has collapsed and insolvency experts at Deloitte have been appointed to handle the administration of the company, which makes the iconic red London Routemasters and employs some 1,400 people

25 Sep 2019

Business

Companies

Accountancy Firms

Restructuring & Insolvency

| ICSA renamed Chartered Governance Institute

ICSA: The Governance Institute has changed its name to the Chartered Governance Institute to support the role of chartered company secretaries

25 Sep 2019

Corporate Governance

Business

Companies

Image for call frequent flyer tax tackle emissions

Tax | Call for frequent flyer tax to tackle emissions

The government should introduce a frequent flyer tax on those who take the most flights as part of measures to ensure the UK meets its commitments to cutting carbon emissions

25 Sep 2019

Finance | FRC eyes up probe into Thomas Cook collapse

The Financial Reporting Council (FRC) is considering launching an investigation into the collapse of Thomas Cook

24 Sep 2019

Restructuring & Insolvency

Image for pure circle results delayed over ps24m accounting issue

Finance | Pure Circle results delayed over £24m accounting ‘issue’

Pure Circle, a manufacturer of artificial sweeteners for the global food and beverage industry, has been forced to delay its annual results, after auditor PwC unearthed a potential $30m (£24m) accounting issue

24 Sep 2019

Finance | Listed companies increase use of integrated reporting, says IIRC

The International Integrated Reporting Council (IIRC) has published its annual integrated report, stressing that there is increased use of integrated reports detailing non-financial information

23 Sep 2019

| FRC to hear Deloitte Autonomy complaint in October

The Financial Reporting Council (FRC) has set the date next month for the hearing of a formal complaint against Deloitte and two of the firm’s audit engagement partners concerning Autonomy Corporation

23 Sep 2019

Business | Thomas Cook in liquidation with 21,000 jobs at risk

Alix Partners and KPMG have been called in as special managers to travel firm Thomas Cook, which has collapsed into compulsory liquidation with debts of £1.2bn, prompting the largest repatriation in peacetime history, and placing 21,000 jobs at risk

23 Sep 2019

Business

Companies

Accountancy Firms

Restructuring & Insolvency

Image for fair tax mark work international accreditation scheme

Tax | Fair Tax Mark to work on international accreditation scheme

Campaigning group Fair Tax Mark is to launch a research and development project looking at ways to expand its existing accreditation scheme to include businesses headquartered outside the UK, in response to fears of ‘bottom of the barrel’ kitemarks appearing

23 Sep 2019

Business | People in the news: BDO, Menzies, BTG Advisory

In this week’s accountancy career moves, hires and promotions at BDO LLP, Menzies, Johnston Carmichael, BTG Advisory and HW Fisher

20 Sep 2019

Leadership & Management

Image for using apps manage your finances

Business | Using apps to manage your finances

Jonathan Amponsah CTA FCCA, founder of The Tax Guys, takes a look at a selection of apps to help manage business finances, keep track of accounts and maximise productivity

20 Sep 2019

Leadership & Management

Image for hmrc warning double nics liability if no deal brexit

Tax | HMRC warning on double NICs' liability if no-deal Brexit

In the event the UK leaves the EU without an agreement, HMRC has warned that the current agreements to avoid double payment of the equivalent of national insurance contributions (NICs) in member states will be voided, affecting seconded employees

20 Sep 2019

Business | People in the news: Shaw Gibbs, Kreston, Grant Thornton, Crowe, ICAS

In this week’s accountancy career moves, hires and promotions at Shaw Gibbs, Kreston, Dellitte and Grant Thornton, and partner appointments at MHA MacIntyre Hudson and Crowe, and top young accountant named at ICAS awards

13 Sep 2019

Leadership & Management

Image for pub chain plans vat cut day action

Tax | Pub chain plans VAT-cut day of action

Beer drinkers have something to celebrate this weekend when national chain Wetherspoons is cutting the price of a pint in the build up to its proposed UK-wide National Tax Equality Day

13 Sep 2019

Finance | Majority of client companies dissatisfied with Big Four auditor

The Big Four look set to retain their stranglehold on large listed company audit even though over half of client companies do not rank their current auditor as their first choice

10 Sep 2019

Finance | Goals Soccer Centre for sale after accounting scandal

Goals Soccer Centre plc has hired Big Four firm Deloitte to help with the sale of the company following 'significant' accounting errors relating to VAT declarations and the suspension of its share listing

30 Aug 2019