Companies

Image for rsm uk set merge rsm us major transatlantic deal

Business | RSM UK set to merge with RSM US in major transatlantic deal

In a major move, RSM UK is in advanced talks to merge with RSM US in a major transatlantic deal creating a £3.8bn unified business

11 Oct 2024

Image for default flexible working becomes day one right

Business | Default flexible working becomes day one right

The government has set out an overhaul of employment law with the 'immediate' introduction of default flexible working and plans for a nine-month statutory probation period

10 Oct 2024

Business | Penalties for Companies House non-compliance start at £250

Companies House will start issuing fines of maximum £2,000 for repeat offenders for failures to comply with registration rules as part of a sweeping crackdown on abuse of the register

10 Oct 2024

Business | Streets merges with fintech VFO Mitch Consulting

Independently owned Streets has merged with boutique accounting practice Mitch Consulting, specialists in virtual finance offices for the fintech sector

10 Oct 2024

Image for 42 fraud attempts are now ai driven

Business | 42% of fraud attempts are now AI-driven

Cybercriminals are increasingly using artificial intelligence (AI) to execute complex fraud schemes across the financial sector with businesses slow to respond

8 Oct 2024

AI & Technology

Image for tgi fridays administration forces closure restaurants

Business | TGI Fridays administration forces closure of restaurants

The debt laden owners of TGI Fridays UK have entered administration resulting in the closure of 35 restaurants and loss of over 1,000 jobs

8 Oct 2024

Restructuring & Insolvency

Image for ex glencore employees charged bribery offences

Business | Ex Glencore employees charged with bribery offences

A group of six former employees of commodities giant Glencore have appeared at Westminster Magistrates’ Court charged with bribery offences

7 Oct 2024

Business | Lack of guidance on business transition to net zero

Aviva and WWF are calling for focused government action to tackle the nature emergency with clearer guidance for businesses and more clarity on reporting

4 Oct 2024

Business | Banks get more time to investigate fraudulent payments

Banks will be able to put payments on hold for up to 72 hours if they suspect fraudulent activity and need to investigate

3 Oct 2024

Image for starling bank fined ps29m shockingly lax aml checks

Business | Starling Bank fined £29m for ‘shockingly lax’ AML checks

The Financial Conduct Authority (FCA) has fined Starling Bank for failing to follow anti money laundering checks when opening accounts for high risk customers

3 Oct 2024

Called to Account

Image for 27 businesses claiming covid grants did not need it

Business | 27% of businesses claiming Covid grants did not need it

Over a quarter of small businesses in the UK claimed the Covid support fund preventing up to 21,000 businesses from closing down by the end of 2022

2 Oct 2024

Image for deloitte slashes partner profit ps48k

Business | Deloitte slashes partner profit by £48k

There was a 2.4% increase overall in Deloitte’s annual revenue up to 31 May 2024, however the average profit per partner dropped by £48,000

30 Sep 2024

Image for xeinadin makes 27th acquisition two years

Business | Xeinadin makes 27th acquisition in two years

The top 20 accountancy firm has made its 27th acquisition in just two years, expanding the firm’s reach further in the Yorkshire region

30 Sep 2024

Image for people news johnston carmichael hurst and gerald edelman

Business | People in the news: Johnston Carmichael, Hurst and Gerald Edelman

In this week’s career moves, Hurst promotes two tax and corporate finance specialists, Johnston Carmichael recruits a global mobility tax specialist, Gerald Edelman and Astrae

27 Sep 2024