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1519 Search results for Financial Reporting Council

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  • Calls for Prem Rugby franchising grow as clubs register debts of £340m

    November 12, 2025

    The 10 Prem Rugby clubs registered combined debts of £340m in the 2023/24 season as calls for a radical franchising process grow louder. Despite encouraging signs of growth in commercial income, the clubs in England’s top flight made a combined loss of £34m, according to the Leonard Curtis Rugby Finance Report. It comes as City [...]

  • Exclusive: Middlesex to play just two T20 Blast games at Lord’s in 2026

    November 12, 2025

    Middlesex will play just two Twenty20 Blast matches at Lord’s next year in a further indication of their declining foothold at the Home of Cricket. The 13-time county champions have been tenants at Lord’s since 1864 and have a 12-month rental agreement with the Marylebone Cricket Club that is renewed on an annual basis, but [...]

  • Voters say Rachel Reeves should resign if income taxes are hiked

    November 11, 2025

    A majority of voters believe Rachel Reeves should resign as Chancellor if she breaks a key Labour manifesto commitment by raising income tax. Labour’s 2024 election manifesto said the party would not put up taxes on working people, including VAT and income tax. But in the lead-up to a crucial Budget where the Chancellor is [...]

  • COP 30 is a chance for Britain to lead the world in transition finance

    November 10, 2025

    As world leaders gather in Brazil for COP30, London’s financial sector urges the UK Government to align public finance and policy to unlock billions in private investment for net zero – cementing the UK’s position as the global standard-bearer for credible, investable transition finance, says Chris Hayward As world leaders gather in Brazil for COP30, [...]

  • Pensions, motorists and workers: The tax targets Rachel Reeves is eyeing up

    November 7, 2025

    If there is one thing that is clear three weeks out from the Autumn Budget, it is that Chancellor Rachel Reeves will hike taxes.  The Office for Budget Responsibility (OBR), which scores the economic impacts of the government’s policies and publishes forecasts on public finances, has been questioned for being over optimistic on measures such [...]

  • BDO fined £6.5m after regulator slams it for faking audit evidence

    November 6, 2025

    Business advisory giant BDO has been slapped with a £6.5m fine after two of its former audit engagement partners made admissions of misconduct. The Financial Reporting Council (FRC) launched an investigation after receiving formal complaints about the dishonest conduct of a BDO senior manager between 2015 and 2019, including the creation of false audit evidence, [...]

  • FOMO worries drive investors to get their hands on gold

    October 30, 2025

    Global demand for gold hit record breaking highs in the recent financial quarter, as investors continue to pay significant amounts in order to get their hands on the asset amid fears of missing out on the rally. The precious metal has soared over the course of the year, storming to $4,381 (£3,308.64) this month, with [...]

  • Keir Starmer may not survive this Budget

    October 30, 2025

    The Prime Minister cannot satisfy all three key audiences: the markets, the party, and the public, says Helen Thomas Every Prime Minister faces a moment when economic reality collides with political promise. For Keir Starmer, Budget day could be that moment of reckoning. He promised calm after chaos: that the grown-ups were back in charge, [...]

  • Rachel Reeves alerts top investors on tax rises and spending cuts

    October 27, 2025

    Chancellor Rachel Reeves has sent a message to international investors on incoming tax hikes and spending cuts in an effort to ease market nerves ahead of this year’s Budget.  Speaking at the Future Investment Initiative – or ‘Davos in the Desert’ – in Riyadh, Saudi Arabia, Reeves prepared investors for a more difficult Budget next [...]

  • FCA’s diversity requirements go ‘far beyond remit’, report warns

    October 21, 2025

    The Financial Conduct Authority (FCA) and other public sector diversity initiatives go “far beyond” remits set by legal requirements, a report has warned, prompting Reform UK to vow to reset systems to reward “talent and merit alone”.  Analysis in a paper by the Institute of Economic Affairs (IEA) has suggested that diversity policies advanced by [...]

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