After a sticky 2015 McDowell is on course to prove that class is permanent February 29, 2016 Class is forever, form is only temporary. That saying could well be applied to Northern Ireland’s Graeme McDowell as he continued his resurgence with a strong performance at last week's Honda Classic. McDowell endured a rocky 2015, during which he missed seven cuts and registered just three top-10 finishes. That run of form resulted in him plummeting [...]
Google tax row: Economists and accountants react to this morning’s hearing with the Public Accounts Committee, many concluding that the corporate tax system needs a revamp February 11, 2016 From how taxed chair of the Public Accounts Committee (PAC) Meg Hillier's patience was to Google's Europe president Matt Brittin's take-home pay, today's hearing between MPs and Google representatives was a true war of words. For some observers, though, the debate did not quite hit the mark. "The focus today around Google’s tax affairs misses the [...]
RSM now sixth biggest accountancy network in the world, narrowly overtaking Grant Thornton, with six per cent fee income growth for year ended December 2015 February 3, 2016 RSM has today announced it achieved six per cent growth for fee income in the year to December 2015, meaning the accountancy network has narrowly overtaken Grant Thornton to become the sixth biggest worldwide. The firm, which was previously in seventh place in the global rankings and currently has over 750 offices across 120 countries, [...]
Payday lender Cash Genie folds after agreeing £20m redress deal with the Financial Conduct Authority January 6, 2016 Payday lender Cash Genie has collapsed into administration, just six months after it agreed to a £20m redress package for unfair practises with Britain's financial watchdog. The administration is being handled by liquidator RSM Restructuring Advisory LLP. However, with around £1.5m of funds remaining unclaimed, RSM is working to trace customers who are yet to redress [...]
RSM, the accountancy firm formerly known as Baker Tilly, reveals growth in UK revenues of 26 per cent to £292m December 2, 2015 Accountancy firm RSM today announced a growth in UK revenues of 26 per cent to £292m for its year ended 31 March 2015. The figures also showed that the business’s risk assurance service line had grown by 86 per cent to £22m and consulting, which is the firm’s fastest growing offering, by 195 per cent [...]
HMRC plans to shut local tax offices and replace them with 13 new regional hubs November 12, 2015 HM Revenue and Customs (HMRC) has today announced that it is planning to close 137 of its local tax offices, replacing them with 13 new regional tax offices. The regional centres, the first one of which could be launched as early as 2016 with the rest opening between 2017 and 2021, will generally be in [...]
City Moves for 12 November 2015 | Who’s switching jobs November 11, 2015 Lloyds Bank Commercial Banking Michael Bond has been appointed mid markets relationship director in the bank’s technology, media and telecommunications team in London. He previously held a similar role at Lloyds, looking after clients in the education, communities and government sector across the South East. State Street Global Advisors State Street’s asset management arm has [...]
City Moves for 09 November 2015 | Who’s switching jobs November 8, 2015 RSM The audit, tax, and consulting services firm has announced the appointments of Pelle Langli and Mark Wootton (pictured) as partners in its consulting practice. Langli joins from EC Partners. He has more than 15 years' experience in consulting, and will focus on building RSM's finance function advisory service line. Wootton joins from KM&T UK, [...]
City Moves for 27 October 2015 | Who’s switching jobs October 26, 2015 LOMBARD ODIER Duncan MacIntyre has been appointed chief executive of the banking firm’s private client business in the UK. He joins from Coutts & Co, where he founded and was global head of its private office. MacIntyre has also worked as a senior private banker at JP Morgan, which he joined from Robert Fleming & [...]
Professional services firm Baker Tilly rebrands as RSM across all brands October 26, 2015 Professional services firm Baker Tilly will today become RSM, giving the network’s firms the same name globally. The firm, which has 730 offices in more than 110 countries, including 35 offices across the UK, is the seventh-largest network of audit, tax and consultancy firms in the world. Last year, the RSM network boosted its revenues [...]