The UK may be experiencing the most volatile economic climate in decades, but for many companies there is at least one silver lining amid all this uncertainty, merger and acquisition (M&A) activity is booming, Miguel Vergara, EPM Evangelist at Oracle, outlines how to make a merger a success by consolidating data and Cloud software

Drinks giant Diageo has revealed it is facing a £107m tax bill in relation to the new diverted profits tax (DPT), or so-called ‘Google tax’, and has said it will be challenging HMRC over the issue

KPMG International has announced the acquisition of Matchi, a leading matchmaking platform that connects financial institutions with carefully vetted fintech companies worldwide, after working with the company for the past two years

Barclays is to pay $97m (£75m) to settle an enforcement action brought by the Securities and Exchange Commission (SEC) over claims by the US regulator that clients of Barclays Capital were overcharged for advisory fees or mutual fund sales charges

Glyn Mummery and Jeremy French, partners at FRP Advisory, have been appointed as joint administrators to I Candy Cards and Gifts Ltd, and have closed four stores but are marketing the remaining ten for sale, while trading the business and retaining 79 staff

BT has announced that its group chief executive Gavin Patterson and outgoing group finance director Tony Chanmugam will not receive a bonus for the 2016/17 financial year, following on from the discovery of a £530m accounting scandal in its Italian subsidiary

The Financial Reporting Council (FRC) is to fine PwC £5m – its biggest sanction ever - over findings of misconduct in the audit of Connaught, the FTSE 250 social housing provider which went into administration in 2010

KPMG director of public policy Mark Essex explains how careful planning and tactical nous are pivotal to how companies navigate their preparations for Brexit, comparing the road to Brexit with a keirin cycle race

The Criminal Finances Act 2017 raises concerns for tax advisers and accountants providing offshore tax advice, warn Jonathan Grimes, partner, and Jonathan Blunden, solicitor, criminal litigation practice, Kingsley Napley LLP. Here they consider the implications of the new rules affecting companies and partnerships

John Lewis Partnership has set aside a £36m accounting provision for the potential costs of complying with national minimum wage (NMW) regulations, after the high street retailer discovered its policy of pay averaging for staff may have resulted in a technical breach of the rules, due to the complexity of the calculations

The Securities and Exchange Commission (SEC) has charged an accountant who worked for the US regulator for 16 years with securities fraud in connection with his trading of options and other securities

Newly-elected French president Emmanuel Macron has committed to reducing the rate of corporation tax from its current level of 33.3% to 25%, with the aim of bringing it in line with the EU average within five years