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Business | Government begins CDC pension consultation

The Department for Work and Pensions (DWP) is consulting on proposals for collective defined contribution (CDC) pension schemes, first outlined at Budget 2018, which allow contributions to be pooled and invested to give members a target benefit level

7 Nov 2018

Accountancy Firms

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Business | Charities: reforming the Charity SORP accounting rules - part 5

Nigel Davies, joint chair of the Charities SORP committee, sets out the context of the committee’s goal to both keep the SORP current and further develop charity reporting and accounting to include the concerns of the public

7 Nov 2018

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Business | MHA MacIntyre Hudson signs partnership with tech firm

The top-20 accounting firm has entered into a strategic testing partnership with Inflo, a specialist in artificial intelligence and machine learning, in order to improve the technical offering for clients

6 Nov 2018

Accountancy Firms

AI & Technology

Leadership & Management

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Business | Living Wage rates rise to £9 an hour

At least 180,000 people that work for Living Wage employers across the country are set for a pay rise as the new Living Wage rates see an above inflationary increase

5 Nov 2018

Accountancy Firms

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Business | 40% gender difference in pension pots

The gender pension gap is 39.5%, twice the level of the gender pay gap, with women receiving on average £7000 less than their male counterparts, according to research from the union Prospect

5 Nov 2018

Accountancy Firms

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Business | Big Four making progress on employee diversity

The Best Employers for Race - 2018 report, carried out by charity Business in the Community, has shown that the UK’s Big Four are among the UK’s best employers for taking a pro-active approach to address racial inequalities in their organisations

2 Nov 2018

Accountancy Firms

Leadership & Management

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Business | First fine for accountant under TPR enrolment rules

The accountant of a London cafe has been ordered to pay £6,857 after he admitted falsely claiming to The Pensions Regulator (TPR) that staff had been enrolled into pensions

2 Nov 2018

Called to Account

Business | People in the news: IIRC, Carey Olsen, New Quadrant Partners

Career news this week includes partner appointments at New Quadrant Partners and Irwin Mitchell, while IAASB resumes search for new chair and the International Integrated Reporting Council (IIRC) hires former McKinsey chief to head up organisation

2 Nov 2018

Accountancy Firms

Leadership & Management

Image for oxford tops list uks best business locations

Business | Oxford tops list of UK’s best business locations

Oxford and Reading have retained their top slots as the best places to do business in the UK, according to a study from PwC which suggests most cities have now fully recovered from the recession and downturn triggered by the global financial crisis

2 Nov 2018

Accountancy Firms

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Business | Finance Mole: outside your comfort zone

Finance Mole is cornered by the internal recruiter who sees no distinction between a lawyer and an accountant plus, announcement of Sacha Romanovitch’s departure at Grant Thornton, financial irregularities at Patisserie Valerie

2 Nov 2018

Image for yorkshire butchers face chop administration

Business | Yorkshire butchers face chop with administration

The latest victim of the difficulties currently facing businesses on the UK’s high streets is Yorkshire butcher Crawshaw Group, which has gone into administration putting nearly 700 jobs at risk

2 Nov 2018

Accountancy Firms

Restructuring & Insolvency

Image for bostock budget gives tax breaks business brexit

Tax | Bostock: Budget gives tax breaks for business before Brexit

Nigel Bostock, Crowe UK chief executive, looks at the business tax relief measures contained in the Chancellor’s Autumn Budget 2018 and how these could stimulate economic growth in this uncertain pre-Brexit period

1 Nov 2018

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Business | Development updates: November 2018

In the latest career development updates, PwC revenues increase by 5% to hit £3.8bn, partner payouts increase 17% at BDO, former HMRC chief joins McKinsey as external adviser

1 Nov 2018

Accountancy Firms

Image for ftse 100 audit market nears ps900m annual fee income

| FTSE 100 audit market nears £900m in annual fee income

Despite attempts by regulators to reform the audit market, including the ongoing Competition and Markets Authority (CMA) market review, the Big Four audit firms continue to dominate the £899m listed audit market, according to Accountancy’s exclusive FTSE 100 Auditors Survey

1 Nov 2018

Accountancy Firms

Image for tenth anniversary bitcoin sees technology gaining acceptance

Business | Tenth anniversary of Bitcoin sees technology gaining acceptance

31 October 2018 marks the tenth anniversary of the creation of the Bitcoin cryptocurrency and blockchain, a means of guaranteeing the authenticity of transactions and information stored across different computer systems

31 Oct 2018

Accountancy Firms

AI & Technology

Image for hmrc names new general counsel and solicitor

Business | HMRC names new general counsel and solicitor

HMRC has appointed Alan Evans as its new general counsel and solicitor, following the departure of postholder Gill Aitken who left in June to take up a new role as registrar at the University of Oxford

31 Oct 2018

Accountancy Firms

Leadership & Management

B&ADTV

Croner Intelligence versus Generative AI

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