The Scottish government is to make further revisions to its debt arrangement scheme (DAS) to make it more flexible, in a bid to encourage wider adoption of the initiative, which is designed to offer a statutory alternative to insolvency or debt consolidation

Corporate recovery and business advisory firm Quantuma has been called in by Genus UK Ltd, which trades as Select, to advise on a company voluntary arrangement (CVA) at the high street retailer which has around 2,000 employees

With a week to go before the final deadline for the first round of gender pay gap reporting, the business, energy and industrial strategy (BEIS) committee has announced an inquiry on executive pay and the gender-pay gap in the private sector

The jobs-rich growth pattern is masking underlying risks for higher inflation and longer term issues, warns Chris Williamson, chief economist at Markit

The consulting arms of UK accounting firms, notably the Big Four, accounted for nearly 40% of all revenues earned in the UK consulting market in 2017, winning the majority of the work in the financial services market and representing the fastest growing firm segment, according to a report from Source Global Research

The Financial Reporting Council (FRC) has published its three-year strategy and plan for the 2018/19 financial year, which will include a previously announced comprehensive update of the UK’s corporate governance and investor stewardship codes, and indicates potential action on the dominance of the Big Four

The government has provided more details of proposals for a new beneficial ownership register of overseas companies that own UK property or participate in UK government procurement

KPMG has launched the KPMG Black Leaders’ Network to improve representation of black employees across all spheres of business, including professional services firms, particularly at senior levels of management

The joint select committee of MPs investigating the collapse of Carillion has published an excoriating analysis of the outsourcer’s remuneration policies, describing them as ‘greed on stilts’, and claiming the board’s focus was concentrated on executive pay packets when it should have been looking more closely at the company’s balance sheet

Companies House has won the UK’s ‘first ever’ successful prosecution for providing false company information against a businessman who included senior MPs as directors in his companies without their knowledge

The Financial Reporting Lab has announced dates for its 2018 annual conference, Reporting Now, to be held on 21 June

Over half of accountants and finance professionals say they are dissatisfied with their salaries, but achieving a reasonable pay rise requires effort and determination, from improving skillsets to identifying opportunities at current employers, or even taking the plunge and looking for a new job. Karen Young, director of Hays Accountancy & Finance gives tips and advice on how to secure a pay rise