Accountancy Firms

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Image for companies face ps5bn annual bill upgraded employee rights

Business | Companies face £5bn annual bill for upgraded employee rights

Day one employment rights will cost businesses up to £5bn a year to implement and operate, hitting hospitality, retail and social care the hardest

22 Oct 2024

Business | Gravita snaps up £8m Critchleys

Private equity backed Gravita has acquired Oxford-based accountancy firm Critchleys expanding presence in Thames Valley

22 Oct 2024

Business

Accountancy Firms

Private Equity

Image for ey global revenue slightly ps51bn

Business | EY global revenue up slightly to £51bn

Big Four network EY has reported global revenues of $51.2bn (£39.3bn) for the financial year ending June 2024, an increase of 3.9%

21 Oct 2024

Business

Accountancy Firms

Image for cooper parry sell ps180m accountancy group

Business | Cooper Parry to sell £180m accountancy group

Private equity backed Cooper Parry has hired investment banking group Houlihan Lokey to advise on the sale of the fast growing accounting firm

21 Oct 2024

Business

Accountancy Firms

Private Equity

Image for bdo opens applications 700 trainees

Business | BDO opens applications for 700 trainees

Mid-tier firm BDO plans to increase the number of trainees in 2025 to 700, with the majority of openings in audit

18 Oct 2024

Business

Accountancy Firms

Business | How two accountancy firms run apprenticeship programmes

HB Accountants and LB Group share why they decided to invest in apprenticeships and why employers in the accountancy space should be doing the same

18 Oct 2024

Business | Johnston Carmichael signs deal to support VC funds

Johnston Carmichael has signed a partnership with Europe’s first fundraising accelerator to support emerging venture capital managers

17 Oct 2024

Business | Companies House sets date for rollout of ID verification

Plans to introduce identity verification for all directors and PSCs on the Companies House register are on schedule for a staggered rollout from early 2025

17 Oct 2024

Business | Grant Thornton shortlists three private equity options

Mid-tier firm Grant Thornton has lined up a shortlist of three private equity firms in its bid to secure new funding and change partner ownership model

16 Oct 2024

Business | Not every private equity opportunity is the right one

With private equity firms snapping up accountancy firms like it’s going out of fashion, James Sutton, M&A advisor at Continuum Advisory Partners, explains how to pick a winning partner

16 Oct 2024

Business

Accountancy Firms

Private Equity

Business | Industrial strategy focuses on accountancy firms

Accountancy, business advisory and law firms are flagged as a key growth sector in the government’s new industrial strategy with a call for broader competition in the market

15 Oct 2024

Business | Big Four complete audit service line restructure

The audit regulator has confirmed that PwC, Deloitte, EY and KPMG have severed ties with the non-audit parts of their firms to reduce conflicts of interest

15 Oct 2024

Business | Labour drops plan to redefine size of SMEs

There will be no changes to employee thresholds for medium-sized companies as Labour rejects Conservative proposals to simplify reporting requirements

14 Oct 2024

Accounting Consultations

Image for gdp growth 02 driven construction

Business | GDP growth up 0.2% driven by construction

After a flat July, GDP was up by 0.2% in August, with the strongest growth across construction and manufacturing, but risk of inflation this autumn a concern

11 Oct 2024

Business

Companies

Accountancy Firms