Companies directors could be held personally liable for failing to assess, manage and report climate risk, where it poses a foreseeable and material financial risk to the company, according to research from Commonwealth Climate and Law Initiative (CCLI)

EY has announced a global tax compliance and technology operating agreement with financial services and insurance multinational AIG that involves a combination of managed tax services and the transfer of select AIG employees to EY

A total of 35 FTSE 350 companies, including 14 in the FTSE 100, have been singled out for their low level of female representation at leadership level and challenged to make changes in an initiative led by the Investment Association (IA) and the Hampton-Alexander Review

Croner-i, publishers of Accountancy magazine and providers of information to tax and accounting professionals, has invested in a multi-million pound London headquarters at 240 Blackfriars Road

Gareth Rusling and Claire Dowson of Begbies Traynor have been appointed as joint administrators of Betterware Ltd, the home shopping company which has collapsed with the loss of all 94 jobs at its headquarters in Birmingham

Fifteen major retailers or restaurant groups have gone into company voluntary arrangements (CVA) or administration in the twelve months since the April 2017 business rates revaluation according to Colliers International, which is calling for further reforms to the system

The Financial Reporting Council (FRC) is recruiting participants for a new investor advisory group (IAG), which will provide a regular forum for discussion and feedback on various issues, including the FRC’s strategy and plan, and new policies and standards on governance, stewardship, reporting and audit matters

Grant Thornton is to join Deloitte and BAE system in a partnership with UK cyber security start-up Immersive Labs to help further advance the company’s digital cyber academy (DCA) which aims to provide real-life training

The Department for Transport (DfT) has launched a call for evidence as part of its airline insolvency review to ensure airlines can wind down with the minimum impact on passengers and the taxpayer, and says there may need to be changes to insolvency regulations

A case heard in the commercial court in January 2018 concerning Phones 4U and EE has raised important points about whether a company can claim for ‘loss of bargain’ common law damages for a repudiatory breach of contract. Miles Robinson, partner and Zahra Rose Khawaja, an associate at Mayer Brown International examine the ruling

FRP Advisory has been appointed as administrators to Kleeneze, the 95-year old home shopping company which has ceased trading, putting 140 jobs at risk

Mid-tier firm Mazars has reported an 8.5% rise in overall fee income for the year ended 31 August 2017, marking its sixth successive year of growth