Companies

Image for job opportunity technical tax writer croner i

Business | Job opportunity: technical tax writer at Croner-i

Croner-i has an exciting opportunity for an experienced technical tax writer to join a lively team of tax experts, based in our central London offices or home working

1 May 2019

Business | Rise in corporate insolvency rates in Q1

Corporate insolvencies rose in the first quarter of 2019, with administrations reaching their highest level for five years, official figures from the Insolvency Service show

1 May 2019

Finance | Legal updates: May 2019

In this month’s legal updates, Sophie Brookes, partner at Gateley, considers three share purchase agreement claims in Triumph Controls UK Ltd, an unreasonable NDA in Harcus Sinclair and the implied duty to act in good faith of Post Office contracts

1 May 2019

Image for kpmg face frc sanction hearing over bny mellon audit failures

Finance | KPMG to face FRC sanction hearing over BNY Mellon audit failures

The Financial Reporting Council (FRC) is to hold a disciplinary tribunal next month to decide the sanctions to be levelled on KPMG and partner Richard Hinton in relation to their acknowledged failures in the auditing of the Bank of New York Mellon

30 Apr 2019

Business | Brexit uncertainty sees business distress levels rise

The number of businesses judged to be in ‘significant’ distress now stands at 484,000, or 16% of all UK businesses, according to research by Begbies Traynor, which is warning of concerns that the UK could suffer a broader economic slowdown as Brexit uncertainty grows

30 Apr 2019

Image for us regulator uncovers 20m accounting fraud truck operator

Finance | US regulator uncovers $20m accounting fraud at truck operator

The Securities and Exchange Commission (SEC) has charged Indianapolis-based Celadon Group with a $20m (£15.5m) accounting fraud

29 Apr 2019

Business | SME funding scheme not fit for purpose

A government scheme set up to help small businesses gain access to funding after being turned down by one of the main banks has been lambasted as a waste of public money, after official statistics show 95% of applications for loans are rejected

29 Apr 2019

Image for people news mazars wright vigar withers rsm

Business | People in the news: Mazars, Wright Vigar, Withers, RSM

In this week’s career moves in the accountancy world, Mazars ramps up housing team, new hires at haysmacintyre and Withers, office managing partner at RSM and promotions at Wright Vigar

26 Apr 2019

Image for rowland apprenticeship levy clawback threatens

Tax | Rowland: apprenticeship levy clawback threatens

As the government begins to claim back money from apprenticeship levy payers’ accounts, Ben Rowland, co-founder of Arch Apprentices, looks at how employers can use, and not lose, the training cash

26 Apr 2019

Tax | UK businesses pay 27% of all tax revenue

UK businesses paid nearly £200bn in tax last year, with their contribution amounting to 27% of all tax revenue, according to the CBI which is calling for further tax simplification

26 Apr 2019

Business | Financial services jobs 'boring' and lack social mobility

Two thirds (65%) of people would not consider taking a job in financial services, on the basis that finance is boring, according to research by KPMG, while of those that do a staggering 41% have parents in the same field

26 Apr 2019

Image for gchq spies pass cyber crime info hmrc

Tax | GCHQ spies pass cyber crime info to HMRC

British intelligence officers are sharing time critical secret information ‘in a matter of seconds’ with HMRC and a range of financial institutions in a bid to fight cyber crime, the director of GCHQ has revealed

26 Apr 2019

Business | Personal and corporate Scottish insolvency rates climb

Provisional estimates show that in 2018-19 personal insolvencies in Scotland increased by 20.5%, while in corporate insolvencies rose by 9.3% according to statistics from the Accountant in Bankruptcy (AiB)

26 Apr 2019

Image for warning brexit director brain drain

Business | Warning of Brexit director brain drain

BDO is warning of a potential brain drain in the UK economy if the government does not make a concerted effort to retain and attract European business leaders post-Brexit, after its research found more than 40,000 board-level directors of UK businesses are citizens of EU27 countries

25 Apr 2019