Companies

Image for pwc support mental health and social mobility charities

Business | PwC to support mental health and social mobility charities

The Samaritans and UK Youth have been named as PwC’s new charity partners, in line with the firm’s commitment to supporting mental health and promoting social mobility

7 Jul 2017

Tax | Department for Transport to assess Uber employment conditions

The government is to create a working party under an independent chair within the Department for Transport to inquire into the pay and working conditions at Uber, in response to a request from Labour MP Frank Field, who is leading a campaign to investigate employment arrangements in the ‘gig economy’

7 Jul 2017

Business | ABI reports £1.3bn in fraudulent insurance claims

The Association of British Insurers (ABI) reports that industry action to stamp out organised insurance fraud, such as ‘crash for cash’ staged motor accidents, has contributed to a slight fall in the number and cost of fraudulent insurance claims detected in 2016, which totalled £1.3bn over the year

7 Jul 2017

Image for second hand car dealer disqualified over ps95k customer loss

Business | Second-hand car dealer disqualified over £95k customer loss

The director of a used-car dealership in Kilmarnock has been disqualified for seven years for breaching consumer protection legislation, causing a loss to customers of some £95,000

7 Jul 2017

Restructuring & Insolvency

Called to Account

Image for finance mole staying onside boss

Business | Finance Mole: staying onside with the boss

Finance Mole keeps quiet when the CFO tries to replace his Executive Assistant and his recruitment plan falls flat, Making Tax Difficult suffers a blow, a transatlantic tax-tiff

7 Jul 2017

Image for treasury responds pressure over uk broadband speed

Tax | Treasury responds to pressure over UK broadband speed

Despite newly announced initiatives by the Treasury designed to encourage faster broadband connectivity – the technology which is essential for the operation of HMRC’s flagship Making Tax Digital initiative – independent research shows a strong urban/rural divide in speed of access

6 Jul 2017

Business | FCA head calls for open markets post Brexit

The chief executive of the Financial Conduct Authority (FCA), Andrew Bailey, has said that restricting trade it not an ‘inevitable or necessary’ response to Brexit, while the EU’s chief Brexit negotiator has said ‘frictionless trade’ is not possible once the UK leaves

6 Jul 2017

Image for joinery company director nailed over ps500k hmrc bill

Business | Joinery company director nailed over £500k HMRC bill

The director of a joinery company has been banned for ten years after an Insolvency Service investigation discovered he was continuing to act as a director while disqualified, and owed HMRC some £500,000

6 Jul 2017

Restructuring & Insolvency

Called to Account

Image for government suppliers commit pay 95 invoices 60 days

Business | Government suppliers commit to pay 95% of invoices in 60 days

The government’s major suppliers have signed up to the Prompt Payment Code, which helps small businesses to be paid on time, with 32 committing to pay 95% of invoices with 60 days

5 Jul 2017

Image for four ex barclays directors appear court over sfo fraud charges

Business | Four ex-Barclays directors appear in court over SFO fraud charges

Four former Barclays directors, including former chief executive John Varley, have appeared in court in a fraud case relating to the 2008 banking crisis, brought by the Serious Fraud Office (SFO), and released on bail

4 Jul 2017

Image for government failing tackle growing online fraud

Business | Government failing to tackle growing online fraud

The government is failing to tackle online fraud, even though it is now the most commonly experienced crime in England and Wales, according to a report from the National Audit Office (NAO) which claims the Home Office response is ineffective and not proportionate to the threat

3 Jul 2017

Business | Development updates: July 2017

Professional development news roundup includes incoming KPMG chief Bill Michael shakes up leadership with focus on core skills, Richardson named as HMRC interim business tax head

3 Jul 2017

Image for minister calls more firms sign women finance charter

Business | Minister calls for more firms to sign Women in Finance Charter

More financial services and accounting firms need to sign up to the Women in Finance Charter and end the practice of encouraging a work environment where women are underpaid, underrepresented and undervalued, says City minister

30 Jun 2017

Leadership & Management

Image for ifrs chief calls more transparency cashflow and income reporting

Finance | IFRS chief calls for more transparency on cashflow and income reporting

The head of the international IFRS standard setter is calling for the development of tougher guidance on performance reporting to give investors and key stakeholders more transparency and insight over company cashflow and income

30 Jun 2017

Business | SMEs gift £1,000 of rewards to staff

Some SMEs are giving employees an average of almost £1,000 a year in rewards earned on spending across charge, credit and loyalty cards used in the business, with those based in Manchester the most generous, according to research from American Express

30 Jun 2017