FRC: Audit regulator’s review flags troubling performance by BDO and Mazars July 30, 2024 The Financial Reporting Council (FRC) has published its Annual Review of Audit Quality, highlighting troubling performance from audit firms BDO and Mazars
Mishcon de Reya Magic: Revenue soars to £300m despite profit blip July 30, 2024 London-based law firm Mishcon de Reya revenue surpasses £300m, despite a slight dip in profits due to recent merger.
Mozambique victorious in UK lawsuit tied to ‘tuna bond’ scandal July 29, 2024 The Republic of Mozambique has succeeded in its lengthy $2bn (£1.5bn) High Court battle with an Emirati-Lebanese shipping company Privinvest over allegations it paid bribes in what has become known as the 'Tuna Bonds' scandal.
NCA recovers £780,000 from sanctioned Russian billionaire’s estate July 29, 2024 The National Crime Agency (NCA) has recovered £780,000 from the estate of Russian billionaire Peter Aven following an investigation into potential sanctions evasion.
Centrica vs HMRC: What does Supreme Court ruling on tax deduction mean for businesses? July 26, 2024 Just last week Centrica lost an appeal against HMRC over the treatment of professional services fees.
Libor: Tom Hayes set for Supreme Court after permission granted for final plea July 25, 2024 The highest court in the UK is set to hear ex-bankers Tom Hayes and Carlo Palombo appeal after granting them permission to hear their case.
MHA: UK arm of Baker Tilly International revenue jumps to £180m July 25, 2024 MHA, the UK and Irish arm of Baker Tilly International revenue jumped by nearly 30 per cent to £180m, as audit and tax were the main drivers to the growth.
Dentons: World’s largest law firm hires new global chief executive from EY July 24, 2024 World's largest law firm (by size) Dentons has elected Kate Barton from Big Four EY to serve as the firm's next global CEO.
Taylor Wessing over half-way to €1bn revenue target July 24, 2024 Law firm Taylor Wessing reported its record global high revenue of just over £481m (€562m), as it sets its eyes on becoming a €1bn revenue firm
Magic circle Clifford Chance equity partners pocket over £2m July 24, 2024 Clifford Chance's revenue had double-digit growth as it reports its highest rate of revenue increase since 2017, with the firm tipping this to its investment in the US