Theresa May has called for a two-year transition period after the UK leaves the EU in March 2019 in a speech in Florence, Italy

Accountants across the UK are being invited to do some number crunching of a different kind by taking up the challenge to play in a new golf tournament especially for the profession

Accountancy firms should take advantage of apprentices as a cost-effective alternative to hiring entry-level staff. Rachel Taylor, employer engagement manager with apprenticeship provider Step Forward provides tips and advice for accountancy firms when taking on apprentices

The investment consultancy market faces a Competition & Markets Authority (CMA) investigation following a referral from the Financial Conduct Authority (FCA) over its treatment of older customers

Medical devices company Inside Biometrics has been saved from closure following the appointment of Mercer & Hole’s corporate advisory partner, Chris Laughton, to handle the company administration when it ran out of cash and risked having to close

Toy retailer, Toys R Us, has filed for Chapter 11 bankruptcy protection in the US and Canada after struggling with debt and although UK stores are currently unaffected the decision could have implications on UK toy manufacturers and suppliers ahead of the Christmas period

The Financial Conduct Authority (FCA) has published its approach to implementing the revised Payment Services Directive (PSD2), which aims to make payments safer and more secure, affecting all institutes which provide payment-related services from 13 January 2018

The US Internal Revenue Service (IRS) has granted an automatic filing extension to businesses and individuals affected by Hurricane Harvey, extending tax filing and payment deadlines beginning 23 August 2017 to 31 January 2018

HMRC’s new anti-money laundering service, the Supervised Business Register, provides taxpayers with longer reference numbers which are not currently compatible with its search tool, meaning taxpayers must use the company name to verify if the business is registered under Money Laundering Regulations

Carl Hasty, director of Smart Currency Business, provides a potted history of currency movements between sterling and the euro since the UK voted to withdraw from the EU, and examines the level of risk to the pound going forward

Revenue at Moore Stephens, the largest member of top ten accountancy network Moore Stephens UK, has increased by 15% in the last year to £121.4m in 2017, up from £105.5m in 2016

The Employment Appeal Tribunal has made a decision which affects how the Insolvency Service’s redundancy payments service (RPS) calculates holiday pay payments