Make no mistake, tax rises are on the way July 23, 2024 Evidence is piling up that Chancellor Rachel Reeves will almost certainly be forced to raise taxes this autumn, Chris Dorrell writes
Financial Reporting Council unveils major revisions to UK stewardship code July 22, 2024 The Financial Reporting Council revealed significant updates to the UK Stewardship Code application process, targeting five priority areas designed to drive better outcomes
‘VAT? What VAT?’: Private school boasting it will absorb Labour’s tax hike propped up by Chinese investors July 18, 2024 Adcote School, an indepedent school for girls, courted controversy in April for funding a motorway billboard saying "VAT? What VAT?"
City accountancy firms KMPG, PwC, EY and Forvis Mazars react to audit watchdog overhaul July 17, 2024 All "welcomes" from the sector that it set to see its audit watchdog overhauled and reformed into a new regulator, which will have additional powers at its realm
King’s Speech: Long-awaited audit overhaul green-lit as FRC scrapped for new regulator July 17, 2024 It is full steam ahead on the creation of the new audit watchdog as the new Labour government has unshelved the Audit Reform and Corporate Governance Bill
King’s Speech: Labour to legislate OBR fiscal lock to boost ‘market credibility’ July 17, 2024 Labour will legislate for a fiscal lock to require the OBR to provide an independent assessment of any major tax and spending plans.
Labour has secured a resounding win – now the real challenges start July 10, 2024 As the now-Prime Minister and his advisors will be painfully aware, if he wants to secure a successful first term, the time to act is now.
Build, Baby, Build: Rachel Reeves has shown she’s serious about growth July 10, 2024 In announcing a suite of planning reforms in her first speech as Chancellor, Rachel Reeves has addressed the biggest barrier to growth in Britain today, says Iain Mansfield The new Chancellor is serious about growth. By putting planning front and centre of her first speech, Rachel Reeves addressed the single biggest obstacle to economic growth [...]
MHA: UK arm of Baker Tilly International hit with £120,000 fine by regulator July 9, 2024 The accountancy regulator has issued financial sanctions against MHA, a former partner and a former employee in relation to the audits of MRG Finance UK Plc
Grant Thornton moots deal with private equity firms July 7, 2024 Grant Thornton UK has been testing the waters over a potential deal with a number of private equity groups that would see them buy into the business.