Companies

Restructuring & Insolvency

Image for lettings manager jailed ps138k fraud

Business | Lettings manager jailed for £138k fraud

A lettings manager has been handed two and a half years behind bars following an investigation which found that she had stolen more than £138,000 from her former employer

26 Jun 2023

Business | Adviser convicted over £2m investment fraud

A financial adviser has been convicted after cheating his clients out of £2m through an investment fraud scheme

23 Jun 2023

Image for public sector audit backlog threatens financial stability

Business | Public sector audit backlog threatens financial stability

MPs on the Public Accounts Committee (PAC) have called on the government to act ‘urgently’ to prevent further financial failures in local audit as unacceptable backlog grows

23 Jun 2023

Auditing

Image for call tax incentives push sustainable reporting

Business | Call for tax incentives to push sustainable reporting

The UK needs tax incentives to support the introduction of sustainable reporting and drive net zero targets

23 Jun 2023

Image for crowe backs inclusive intern scheme

Business | Crowe backs inclusive intern scheme

As part of its diversity objectives, Crowe has hired 10 interns as part of a UK-wide programme to get 10,000 young black people into paid internships

23 Jun 2023

Tax | Construction boss must pay £1.8m for evading tax

Businesses in construction, film production and freight, were just some of the 145 businesses that attempted to dodge £21.5m in taxes, all of which have since been handed steep penalties

22 Jun 2023

Business | Interest rate hiked 0.5% to 15-year high

The Bank of England has increased interest rates by 0.5% to 5% as it struggles to bring inflation under control

22 Jun 2023

Image for accountants cautious about potential ai

Business | Accountants cautious about potential of AI

Two thirds of accountants are concerned about the risks of using generative artificial intelligence (AI) and ChatGPT in in their work

22 Jun 2023

Business | Cashpoint boss jailed for £3m fraud

A director of an ATM reconditioning company has been jailed for 12 years after stealing more than £3m from his clients to fund a lavish lifestyle

21 Jun 2023

Business | Inflation stays stuck at 8.7%

The current rate of inflation has seen no change at 8.7% in May, the same rate it was in April, despite expectations of a fall

21 Jun 2023

Image for one four workers want change jobs

Business | One in four workers want to change jobs

Nearly a quarter of employees are considering changing their jobs in the next year to help stay afloat during the cost of living crisis

21 Jun 2023

Image for accountants criticise plans shared audit

Business | Accountants criticise plans for shared audit

A group of ICAEW accountants in Manchester have urged the government to increase their focus on professionalism as part of its long-awaited plans to reform audit

20 Jun 2023