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.
Accountancy watchdog called on to raise threshold for enforcement action January 4, 2024 An accountancy chief has called on the Financial Reporting Council (FRC) to raise the threshold for enforcement action against auditors. Speaking to the Financial Times, Michael Izza, chief executive of the Institute of Chartered Accountants England and Wales said: “Prior to 2017, if the FRC brought a case against an auditor, the threshold test that [...]
FRC opens probe into a member over the bankrupted Thurrock Council January 3, 2024 The Financial Reporting Council (FRC) has launched an investigation into the conduct of "a member" in relation to the bankrupted Thurrock Council's accounts.
Seven things banks will be looking out for in 2024 December 31, 2023 A challenging year is in the offing for lenders – from regulatory reform to fraud crackdowns