Companies

Image for former rugby star lawrence dallaglio settles ps700k tax debt

Tax | Former rugby star Lawrence Dallaglio settles £700k tax debt

HMRC has reached agreement with former England rugby player Lawrence Dallaglio to clear a tax debt of £700,000

15 Sep 2023

Business | HMRC winding up petitions push up insolvency figures

The number of company insolvencies in August 2023 was 2,308, up 19% on the previous year as concerns grow after the collapse of Wilko

15 Sep 2023

Restructuring & Insolvency

Image for deloitte cut 800 risk and consulting jobs

Business | Deloitte to cut 800 risk and consulting jobs

Big Four firm Deloitte is planning to slash 800 jobs in the UK as demand for consulting services slows amid a challenging economic environment

14 Sep 2023

Business | Value chain The Range buys Wilko brand

The Range has agreed a deal to acquire the Wilko brand, website and some of its stock for around £5m

14 Sep 2023

Image for bankrupt paint company owes ps160k tax bill

Tax | Bankrupt paint company owes £160k tax bill

The administrators of a paint coating company that collapsed following an accounting error have said that HMRC is owed over £160,000 in unpaid tax and VAT

14 Sep 2023

Business | Co-founder jailed for $4bn crypto fraud

The co-founder of the fraudulent cryptocurrency scheme, OneCoin, has been handed 20 years behind bars for his involvement in marketing the $4bn scam worldwide

13 Sep 2023

Business | UK economy shrinks by 0.5%

The UK economy contracted by 0.5% in July, with falls in all three main sectors, according to data from the Office for National Statistics (ONS)

13 Sep 2023

Image for half tax relief claims invalid under rd rule changes

Tax | Half of tax relief claims invalid under R&D rule changes

UK companies risk falling foul of new regulation involving the submission of tax relief claims for research and development (R&D), warns accountancy firm Azets

13 Sep 2023

Business | Poundland snaps up 71 Wilko stores

Poundland owner Pepco has agreed to take on up to 71 Wilko stores, with staff working at the sites given priority for jobs once the sale has been completed

12 Sep 2023

Image for ministers ignore departmental fraud crisis

Business | Ministers ignore departmental fraud crisis

MPs have criticised the government for failing to take action to recover fraud and error losses of up to £28bn a year

12 Sep 2023

Image for plans insolvency watchdog abandoned

Business | Plans for insolvency watchdog abandoned

The government has backed down on plans to create a single insolvency watchdog and will leave oversight to professional institutes like ICAEW and ICAS

12 Sep 2023