Companies

Called to Account

Image for accountancy firm websites offer poor user experience

Business | Accountancy firm websites offer poor user experience

The majority of accountancy firm websites do not stand out from their competitors with most offering a limited experience, limited mobile functionality and a poor user experience

14 Jul 2023

Business | Over four million UK adults have used AI at work

More than four million people in the UK have used generative artificial intelligence (AI) at work, despite the risks in accuracy and many not informing their employers

14 Jul 2023

Tax | South Yorkshire secures £80m for investment zone

Sheffield, Rotherham, Doncaster and Barnsley are set to benefit from thousands of new jobs and £1.2bn of investment as Boeing signs up to investment zone

14 Jul 2023

Business | Companies House to tighten up verification activity

Companies House expects to increase the amount of fines issued in 2024-25 from £12m this year to £19m with the introduction of better company vetting

14 Jul 2023

Image for bookkeeper jailed ps180k fraud

Business | Bookkeeper jailed for £180k fraud

A bookkeeper was caught defrauding her employers when she used the company credit card to pay for goods at B&Q

13 Jul 2023

Business | GDP falls 0.1% in May

The economy contracted by 0.1% in May, and saw no growth overall in the last three months, although accountancy services revenue was up 2%

13 Jul 2023

Business | Accountancy firms struggle to find staff

The accountancy profession is struggling to hire experienced auditors and new talent, as salary pressures and excessive workloads are felt across the board

12 Jul 2023

Business | NHS manager pleads guilty to £500k invoice fraud

A former manager who used his dead wife’s email account to cover his tracks over a series of fraudulent invoices to steal over £500,000 from the NHS has pleaded guilty to fraud

11 Jul 2023

Business | Insolvency Service launches director hub

The Insolvency Service has launched an information portal to help directors of SMEs with business decisions by centralising guidance in one location

11 Jul 2023

Image for site administrator jailed ps450k fraud

Business | Site administrator jailed for £450k fraud

A fraudster who stole funds from her employer over an 11-year period has been jailed after admitting to stealing nearly £450,000, which she used to fund a lavish lifestyle

10 Jul 2023

Business | Shortage of accountancy candidates continues

Recruiters indicated that companies were hesitant to take on additional staff as uncertainty over the economic outlook weighed on hiring decisions

10 Jul 2023

Business | Health agency unable to account for £3.3bn Covid inventory

The UK Health Security Agency (UKHSA) has been criticised in a report by the Public Accounts Committee (PAC) for its inability to account for £3.3bn worth of test and trace inventory

10 Jul 2023

Auditing

Image for ex football chairman jailed ps15m electricity fraud

Business | Ex football chairman jailed for £15m electricity fraud

The former owner of Lancashire based Fleetwood Town Football Club has been given a 13-year jail sentence after masterminding a £15m electricity contract fraud

6 Jul 2023