Blair Nimmo and David Costley-Wood, partners at KPMG, have been appointed as joint administrators to Patisserie Holdings plc, the parent company of high street café chain Patisserie Valerie, which has collapsed putting thousands of jobs at risk after failing to secure an agreement with its lenders

The Private Prosecutors’ Association (PPA) is consulting on a draft code for anyone who carries out private prosecutions, which allow individuals, businesses or organisations who have been the victims of crime to bring a criminal case themselves, without the involvement of law enforcement agencies

Global economic confidence fell for the third consecutive quarter in Q4 2018, ending the year at an all-time low according to a quarterly survey of global economic conditions (GECS) from ACCA and the Institute of Management Accountants (IMA)

The Charity Commission has concluded a five-year investigation into The Cup Trust, a charity involved in a complex tax avoidance scheme worth £46m, having found ‘clear mismanagement and misconduct’ on the part of sole trustee Mountstar

The National Audit Office (NAO) warns that the current funding model for the NHS is not sustainable, despite the government’s pledge of an additional £20.5bn cash boost, because of the existence of substantial deficits in some parts of the system and the continued failure to hit performance targets

KPMG has launched a law firm in Hong Kong and is to open another in Shanghai later in the year as part of moves to expand its legal capabilities in Asia Pacific

The Securities and Exchange Commission (SEC) is charging nine defendants who hacked into the regulator’s electronic data gathering, analysis, and retrieval (EDGAR) system and extracted non-public information to use for $4m (£3.09m) of illegal trading

Sam Woodward, Alex Williams and Hunter Kelly of EY’s restructuring team have been appointed joint administrators of plant hire company, Hawk Plant (UK) Ltd and subsidiaries, which has collapsed, putting over 400 jobs at risk

Today more than ever, CFOs need to provide business strategy both in the long and short term. Angela Mazza Teufer, senior vice president at Oracle looks at how they can achieve just that without letting go of the day-to-day financial oversight

Over half (55%) of corporates have increased the size of their compliance teams in response to the mounting regulatory pressures that have emerged over the last five years, according to a study from Intertrust

The boss of Asian-style takeaway in Cardiff has picked up a second disqualification after being caught running the business when he had already been banned for failing to pay significant amounts of tax

Top European football clubs are growing their operating revenues primarily by expanding their commercial activities, despite higher staff costs, according to analysis from KPMG which suggests clubs are positioning themselves as entertainment brands as much as sporting teams