-
It is considered “crucial” that the Big Four accounting firms and the UK government “collaborate,” stated the Foreign Secretary in an interview with City AM, as leading audit companies shift their attention towards artificial intelligence (AI). Diplomats and representatives from significant accounting firms like KPMG and EY gathered in the City on Tuesday to discuss…
-
The FCA’s new private stock market Pisces comes into force today, but Carrie Osmon warns the framework risks worsening FOMO investing.
-
HMRC confirms £47 million was stolen in a major phishing scam targeting 100,000 online accounts. Criminals posed as taxpayers to falsely claim rebates. Arrests have been made. Read more: HMRC scammers stole £47m in phishing fraud targeting 100,000 taxpayer accounts
-
Dr Martens has announced a new strategic focus after a bruising year which saw the brand nearly fall into the red. It will move away from a narrow focus on boots to a much broader approach targeting shoes, sandals and bags via a strategy called “Levers for Growth”. “Our ambition is to establish Dr. Martens as the world’s…
-
The demands placed on in-house legal professionals are set to rise as businesses look to cut costs. Within the corporate sector, attorneys play a diverse role, often juggling multiple duties at once. A common humorous remark among in-house attorneys is their perpetual unavailability even though many have chosen in-house roles for ‘work-life balance’ instead of…
-
Not enough support was garnered amongst Premier League clubs to hold a vote on changing rules relating to fixed assets. The decision means Premier League clubs like Chelsea will still be able to sell hotels to a company linked to their owners without penalty. The Blues sold two hotels in 2023 and included the generated…
-
Birmingham City are set for a multi-million pound boost to their Sports Quarter development after chancellor Rachel Reeves committed investment which will see the city’s metro reach the club’s planned new stadium. Part of the £2.4bn allocated to the West Midlands will link Birmingham’s Sports Quarter to the centre of town, according to West Midlands…
-
Chancellor Rachel Reeves has confirmed that more pensioners will be eligible for the Winter Fuel Payment this year, signalling a U-turn on one of Labour’s earliest and most contentious policies. Read more: Winter fuel payment U-turn in place this year, but key details remain unclear
-
Alternative asset management firm TPG has announced that its climate investment platform, TPG Rise Climate, will acquire a majority stake in Aurora Energy Research, a UK-based power market analytics provider. Aurora Energy Research, established in 2013 by University of Oxford professors and economists, offers power market forecasting and analytics to aid significant investment and financial…
-
An increasing number of American taxpayers are eyeing the UK as their new home, according to Blick Rothenberg, a leading UK-based audit, tax, and business advisory firm. Read more: More American taxpayers are planning to relocate to the UK as Trump exodus grows