Grant Thornton UK elects 20-year veteran as new chief executive January 22, 2024 Grant Thornton UK has appointed its new CEO after Dave Dunckley stood down in a surprise early departure. The firm’s partners elected Malcolm Gomersall as the new CEO, subject to regulatory approval. He was already running the firm while the selection process took place. Gomersall was the firm’s chief operating officer, having taken on that [...]
Accounting watchdog cuts red tape as ministers press regulators for UK growth January 22, 2024 The City’s accounting watchdog has confirmed a newly slimmed down rulebook for companies today as it looks to ease the red tape burden on firms and “support the growth and competitiveness” of the UK.
Schroders Greencoat to pay £700m for Toucan in back-door Thurrock Council refund January 19, 2024 Schroders Greencoat is expected to buy up insolvent solar energy firm Toucan Energy next week, reports suggest.
Explainer: How Russia is dodging oil sanctions and what the West is doing about it January 13, 2024 G7 sanctions are slowing Russia's oil industry but the sanctions are not having the desired effect
Labour Party Conference helps slash losses at Eurovision Song Contest venue January 11, 2024 The UK's Eurovision Song Contest venue saw its losses slashed after the return of major events such as the Labour Party Conference.
Moving markets: Five things shaping the FTSE 100 today January 11, 2024 Asian markets follow Wall Street higher, with Japan's Nikkei surpassing 35,000, oil prices climbing, and the SEC approving the first spot Bitcoin ETFs, all while keeping a close eye on pivotal factors such as inflation and earnings.
Grant Thornton UK boss steps down in surprise early departure January 10, 2024 Grant Thornton UK has announced that Dave Dunckley will step down as CEO, with its chief operating officer taking over the role until the selection process takes place.
Financial Reporting Council fines against auditors nearly doubled in two years January 8, 2024 The Financial Reporting Council (FRC) levied record-level fines against auditors after it promised to become more "forceful”.
E-scooters: Why Bird’s bankruptcy is a turning point for the sector’s profit scrap January 8, 2024 E-scooter startups were once some of the most hotly-anticipated businesses in Western markets. But is the industry's model busted?
Grant Thornton axed from top flight of audit supervision after removing high-profile clients January 7, 2024 Accountancy firm Grant Thornton has been cut from the industry watchdog’s top tier of audit supervision after removing a number of high-profile clients.