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1519 Search results for Financial Reporting Council

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  • London Fashion Week: A new chapter for British fashion under Laura Weir

    September 26, 2025

    Last week’s London Fashion Week reignited the spark within the fashion industry, under the British Fashion Council’s (BFC) new chief executive, Laura Weir. Weir is proving herself to be the right person at the helm of BFC as she works on improving the industry and the LFW brand.  She has achieved this by waiving the [...]

  • Losses widen at owner of scandal-hit The Groucho Club

    September 26, 2025

    Losses have widened at the owner of The Groucho Club in London despite its turnover rising during its latest financial year. The Groucho Club is one of London’s most famous private members’ clubs and has been going since 1985. The Soho venue was founded a a more relaxed alternative to traditional gentlemen’s clubs and has [...]

  • Reeves considering ‘staggered stamp duty payments’ to boost housing market

    September 18, 2025

    A proposal to spread stamp duty payments across several years, in an effort to drive growth and boost the housing market, is among changes to property tax being considered by the Treasury ahead of Budget discussions with the Office for Budget Responsibility (OBR).  Suggested reforms to stamp duty would allow house buyers to pay the [...]

  • University funding crisis spreads to wider economy

    September 16, 2025

    UK universities are facing mounting funding crisis that is affecting the country’s wider economy – with regions like Wales and the North East more at risk. According to new analysis from Oxford Economics, universities added £80bn in gross value added (GVA) to the economy and supported 1.2m jobs in 2024, including staff directly employed by [...]

  • Audit watchdog launches ‘bold new programme’ to support growth at smaller firms

    September 12, 2025

    The audit regulator has unveiled a new initiative aimed at enhancing the presence of the UK’s small audit firms in the Public Interest Entity market. The Financial Reporting Council (FRC) has initiated a new and more proportionate supervisory approach, designed to enhance audit quality and reflect the unique needs of smaller firms. The body will [...]

  • Labour using ‘sticking plasters’ and failing to attract foreign investment

    September 11, 2025

    The Labour government is opting to use quick “sticking plasters” which fail to affect long-term change to attract foreign direct investment (FDI), according to a new report. The report from Caudwell Strong Britain, a research project of think tank Council on Geostrategy, argues that the government needs to remove the structural barriers that hinder foreign [...]

  • City of London Police chair: Fraud is ‘damaging the foundations of our nation’

    September 10, 2025

    The chair of the City of London Police Authority Board has warned that fraud is “damaging the foundations of our nation” and the UK must treat it with the same urgency as street crime. Speaking at the Police Authority Board dinner on Wednesday, City AM can reveal that Tijs Broeke told senior police, business, and [...]

  • Salford Red Devils owners accused of using fraudulent bank documents

    September 10, 2025

    Super League team Salford Red Devils’ owners have been accused of trying to buy their £14m stadium using fraudulent bank documents. The club, who share the Salford Community Stadium with Prem Rugby club Sale Sharks, have been embroiled in financial chaos for much of the season. Isiosaia Kailahi and Curtiz Brown took charge of the [...]

  • Cross-party politicians urges Starmer to prioritise audit watchdog reform

    September 8, 2025

    The Prime Minister has been urged by 66 MPs and Lords in a cross-party alliance to prioritise the long-overdue Audit Reform and Corporate Governance Bill that was promised last year. In the King’s Speech in July 2024, the newly elected Labour government unshelved the Bill that would reform the Financial Reporting Council (FRC) into a [...]

  • Torsten Bell: Who is the mastermind behind the 2025 Autumn Budget? 

    August 28, 2025

    When parliamentary candidates were revealed ahead of last year’s elections, Torsten Bell was one of the better-known names on Labour’s list. With his glaringly wonkish CV and swaggering way of talking up esoteric economic policies, he seemed primed to one day leave his mark on a Budget.  According to the New Statesman, his opportunity to [...]

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