PKF Cooper Parry has reported revenues of £22m for the financial year ending on 30 June 2016 resulting in a 29% increase in growth on last year’s turnover of £17.2m, making it the fastest growing firm of accountants in the UK

Business confidence in the UK and in Ireland has fallen sharply in the three months since the UK's vote to leave the EU, according to a global survey by Grant Thornton International

Cloud-based accounting software supplier FreeAgent, which focuses on the micro business market, has announced plans for a flotation on the Alternative Investment Market (AIM) next month, with the aim of raising funds to accelerate product development in the light of the government’s Making Tax Digital (MTD) initiative, which will require quarterly online returns

The Investment Association (IA), whose members manage over £5.7 trillion of assets, has written an open letter to all companies in the FTSE 350 calling for a simpler and more transparent approach to executive pay, including disclosing pay ratios, in order to meet shareholder expectations

Jim Tucker, David Pike and Ed Boyle of KPMG have been appointed as joint administrators of a number of companies which together make up the TES Group, which operates in the aircraft engines sector, and have sold one business to a US buyer in a deal securing half of the jobs at risk.

Accounting for currency fluctuations under IAS 21 The Effects of Changes in Foreign Exchange Rate, is a balancing act in the Brexit world, says Armaghan Haq, head of accounting policy, retail at Lloyds Banking Group

Investors want more details of a company’s business model in corporate reporting, and better links with other sections of the strategic report, according to research by the Financial Reporting Council’s (FRC’s) financial reporting lab which found that the current approach is widely viewed as insufficiently detailed

An Employment Tribunal has found that Uber taxi drivers are to be treated as permanent staff and are therefore entitled to receive the National Minimum Wage and holiday pay. Christopher Davies, associate and professional support lawyer at Gateley plc discusses the implications of the ruling

Uber has lost a case at the employment tribunal over the self-employed status of its drivers which means it will have to pay employer’s national insurance contributions and treat the drivers as permanent staff, but it will appeal the decision

Gender diversity within financial services remains absent as less than one fifth (19%) of senior positions in the top 1000 accounting and finance firms are held by woman, while the top 100 perform better, a third (33%) still have no female partners or board members, according to research

Total company insolvencies in England and Wales were up 2.2% in the last quarter as signs of pre-Brexit nerves have not led to a significant rise in business failures 

Former CFO and chief executive of the Co-operative Bank (Co-op Bank) Barry Tootell has admitted misconduct and agreed to exclusion from membership of the accountancy body for six years and a £20,000 payment towards the Financial Reporting Council’s (FRC) executive counsel’s costs