Watchdog launches new probe into EY over ‘unauthorised’ audit reports Big Four The accountancy watchdog has commenced a new investigation into the Big Four firm EY and two of its members. In an announcement on Wednesday morning, the Financial Reporting Council (FRC) revealed that it has commenced an investigation into “unauthorised issuance of auditor’s reports to audited entities”. This comes after the Big Four firm informed the [...]
BlackLine Expands in Saudi Arabia to Support Growing Customer Demand Strategic expansion enables compliance with local data residency requirements while delivering BlackLine’s future-ready financial operations platform
EY: Traditional sports cricket and rugby union surging in popularity Sport Business Rugby union and cricket have surged into the top 10 most popular sports across the UK in what is a tonic for traditional sports, new research has shown. Cricket climbed six places in the EY-Parthenon Sports Engagement Index to eighth, while rugby union jumped three spots to 10th. Football, Formula 1, Swimming and Tennis all [...]
Reeves hands small businesses sour cocktail in Autumn Budget November 26, 2025 Small and mudiec-sized businesses (SMEs) now face a sour cocktail of higher taxes, rising costs, and tighter margins following Rachel Reeves’ second Budget as Chancellor. Dividend taxes are up, income tax and National Insurance thresholds remain frozen until 2030-31, and salary-sacrifice pension reliefs are being curtailed. For many small business owners, the Budget will feel [...]
Budget ‘chaos’ may stall interest rate cuts November 26, 2025 The “chaos” around Budget measures may delay further interest rate cuts as the Bank of England figures through the effects of a flurry of tax rises, despite Rachel Reeves’ stated commitment to set the conditions for borrowing costs to be lowered. The Chancellor has said curbing the cost of living was a key “priority” at [...]
Big Four giants poised to benefit from booming tech consulting spend November 24, 2025 The technology consulting market is anticipated to grow by 7 per cent in 2026, reaching over $400bn (£312bn) as businesses race to upgrade legacy infrastructure to align with new tech. According to a new report by Source Global Research, technology consultants are in high demand, with the market growing 4 per cent in 2024 and expected [...]
UK economy flatlines in November as Labour growth push fails November 21, 2025 The UK economy flatlined in November, researchers have suggested, as pre-Budget nerves have hit growth across the private sector. S&P Global’s initial estimate for its purchasing managers’ index (PMI) has shown the UK economy just inching up, with firms pausing orders and investment plans before Chancellor Rachel Reeves announces sweeping tax hikes and possible spending [...]
Britain needs a Budget for tax certainty November 21, 2025 The upcoming Budget should move beyond specific tax adjustments to adopt a broader, more principled reform that aligns with the long-term Industrial Strategy and aims to create a more stable, predictable tax system, says Chris Sanger Much of the speculation surrounding the contents of the Chancellor’s red box on 26 November remains firmly fixed on [...]
Reeves vows to halve consultancy bill, but government can’t track its spending November 21, 2025 Despite the government setting an ambitious target to halve overall spending on consultants, a new report suggests, the lack of consistent data hinders efforts to track progress toward spending targets. Rachel Reeves has set targets to halve the UK government’s overall spending on consultants in 2025-26 and to save £550m in 2024-25, aiming for £700m [...]
Labour hopes AI will save UK economy from jobs crisis November 20, 2025 The government has announced a sweeping package of AI investment intended to create thousands of new jobs across the UK, at a time when businesses warn that rising employment costs and rapid advances in AI are already driving workforce reductions. Ministers have confirmed billions of pounds of private and public AI investment, including a new [...]