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1568 Search results for Financial Reporting Council

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  • Stablecoin market cap drops to near two-year low as Spot Bitcoin ETF proposals move forward

    July 24, 2023

    Data from CryptoCompare shows that the price of the flagship cryptocurrency Bitcoin (BTC) moved mostly sideways throughout the past week.

  • Our media literacy push is rewarded over Online Safety Bill

    July 19, 2023

    Lord Holmes of Richmond expresses his delight over some significant changes to the Online Safety Bill in relation to media literacy.

  • A perfect storm with permanent inflation, Bitcoin, and the future of the UK economy

    July 17, 2023

    Staying informed about Bitcoin and adopting a well-informed approach is crucial to navigating these turbulent times, says SVW.

  • Explainer: Small house builders face existential hurdles

    July 6, 2023

    As mortgages and rents rocket up, the housing industry hardly needed another blow. But small firms in the sector have warned they risk going bust without an intervention. In a letter to the prime minister this week, more than 200 small to medium-sized companies lamented that changes in the planning systems are blocking new developments [...]

  • Why money should have a direct and transparent link to energy

    July 3, 2023

    Bitcoin's potential to drive the adoption of clean energy technologies further highlights its importance, says Susie Violet Ward.

  • KPMG and PwC slapped with fines of almost £3m for botched Eddie Stobart audits

    June 29, 2023

    Big four accountancy firms PwC and KPMG have been fined a total of nearly £3m over botched audits of logistics giant Eddie Stobart in 2017 and 2018. The Financial Reporting Council (FRC) said this morning it would fine PwC £1.99m and partner Philip Storer £51,000, with both receiving a “severe reprimand.” KPMG received a fine [...]

  • PwC set to hand 25,000 junior staff a real-terms pay cut – despite FRC plea to give them more

    June 28, 2023

    Big four firm PwC has reportedly told its junior auditors their pay is going to be frozen, amid concerns it will make the industry less attractive. According to reports in the FT, around 25,000 staff members are set to get lower pay rises, with the accountancy giant citing the challenging market conditions and pay rises’ [...]

  • I’d love to be an MP, but Britain is still too ashamed of open political ambition

    June 20, 2023

    When I was asked if I wanted to be an MP, I fudged an answer because I knew it would be met with scepticism . But our stifled laughs mean we're stuck in a doom loop of bad politicians, writes Adam Hawksbee

  • Embracing the crypto economy: Why Labour needs to take notice

    June 12, 2023

    Simon Jennings, Executive Director of the UK Crypto Asset Business Council, is urging Labour to show it cares about the crypto economy.

  • Explainer: The Woking case, and what happens when councils go bust

    June 8, 2023

    This week, Woking Council declared effective bankruptcy with a deficit of £1.2bn. It is only the latest in a string of councils going bust, a result of the chronic local government underfunding that took place over the past decade. The Woking case is one of misguided investments. The council, which was controlled by the Conservatives [...]

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