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1564 Search results for Financial Reporting Council

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  • ‘Look out for rich individuals’: The deep ties between Mandelson lobbying firm and Epstein

    February 5, 2026

    As one of London’s many eminent lobbying and advisory outfits, Peter Mandelson’s Global Counsel is well versed in what it takes to manage a reputation. Set up by the former deputy Prime Minister and Labour spin doctor Benjamin Wegg-Prosser from the embers of Labour’s 2010 general election loss, it has worked on some of the [...]

  • Exclusive: Parliament must scrutinise Prem Rugby franchise plans, MP says

    January 27, 2026

    The government has been called upon to scrutinise Prem Rugby’s franchise plan, which promises to be the biggest shake-up of the domestic game since professionalisation. It comes as the Department for Culture, Media and Sport is also accused of passing the buck over Covid loans to English professional rugby. Liberal Democrat MP Edward Morello told [...]

  • Optimism picking up after ‘disruptive’ Budget, says Paragon chief

    January 27, 2026

    Optimism in the UK is beginning to pick up, the boss of FTSE 250 lender Paragon has said, after sentiment was dampened by rampant tax speculation in the second half of 2025. Nigel Terrington, the boss of Paragon bank, told City AM that despite it being the early days of 2026, the mood was beginning [...]

  • IoD boss joins criticism of Peter Kyle’s U-turn on Audit reform

    January 23, 2026

    The bosses of the Institute of Directors (IoD) and the Chartered Institute of Internal Auditors are among some City leaders hitting back against the government’s U-turn on the Audit Bill. In a scathing open letter to the Business Secretary, Peter Kyle, the leaders called the move “a significant step backwards, particularly after the commitment made [...]

  • Wealthy London boroughs see house prices plummet amid Budget speculation

    January 21, 2026

    Inner London house prices plummeted at their fastest pace since the global financial crisis in November, after  property taxes speculation in the lead up to the Autumn Budget and affordability constraints damaged market activity. The 4.6 per cent year on year drop of house prices in the capital in November followed a 4.3 per cent [...]

  • Labour scraps Audit Reform Bill to ‘avoid’ costs on firms

    January 20, 2026

    The Audit Reform and Corporate Governance Bill, added into Labour’s first King Speech, is now being scrapped to “avoid significant new costs to firms”. The reform was first raised in 2018 following the collapse of Carillon, but has been on and off the table ever since. The Bill was shelved by the previous government in November 2023 [...]

  • AI-enhanced deception: The audit industry’s next big test

    January 19, 2026

    The audit industry has been under the microscope over the past few years following a number of high-profile corporate collapses, prompting stricter measures to restore public trust. And with the rise of AI-driven fraud, auditors will be under more pressure than ever to adapt to an evolving risk environment. The Financial Reporting Council (FRC), the [...]

  • Overseas Doctors Power the NHS, But Uncertainty Grows

    January 16, 2026

    Medscape reporting and survey data show why doctors are coming to the UK, what it takes to work in the NHS and what’s now pushing many to look elsewhere.

  • FRC chief urges audit reform before next corporate scandal

    January 13, 2026

    The boss of the accountancy regulator has issued a direct warning to the government, urging them to pass audit reform legislation during “peacetime” rather than waiting for a major corporate collapse or scandal. Speaking on the latest episode of the Following the Rules podcast, Financial Reporting Council (FRC) CEO Richard Moriarty, said: “Given the thinking that’s gone [...]

  • Ministers to offer business rates relief to pubs after backlash

    January 8, 2026

    Panicked ministers are poised to water down the business rates bombshell faced by pubs, after an aggressive backlash from the industry saw over a thousand landlords ban Labour MPs from their premises. The government is expected to announce an overhaul to the way it calculates business rates for pubs within days, which it says will [...]

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