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Today’s news in brief – 1/2/2024

Grant Thornton UK has appointed Martin Verrall as the new practice lead for Gatwick, responsible for leading and growing the 120-strong team at Grant Thornton’s Crawley office. Verrall, also head of Grant Thornton’s Sell Side Transaction Tax practice, will enhance local business, upskill the team, and coordinate partner activities. The focus includes fostering an inclusive culture, nurturing relationships with intermediaries, businesses, and networks, and contributing to sustainable growth. Verrall expresses eagerness to lead in a vibrant and diverse market, emphasising the importance of understanding and addressing clients’ environmental and social responsibilities.

Moore has announced the appointment of Jay Thurston as its new tax partner designate for the Northern Home Counties. Formerly from Haines Watts, Thurston brings extensive experience in business and personal tax, trusts, and probate work, with specialisation in creative industry tax. Splitting his time between the Enfield and Stevenage offices, Thurston’s appointment aligns with Moore’s strategic growth plan, reinforcing the commitment to delivering exceptional services to a growing client base. Managing Partner Francis Corbishley emphasises Thurston’s valuable tax knowledge and corporate experience, expecting his contribution to be a significant asset to the firm.

KPMG has announced a strategic partnership with Xceptor, an automation platform for financial markets, to strengthen tax services with innovative technology. The collaboration aims to enhance tax processes through Xceptor’s data automation and technology, accelerating digitization and improving workflows with AI tools. The alliance plans to expand offerings, incorporating solutions for new regulations like the EU FASTER directive. Stuart Tait, Partner and CTO at KPMG UK, sees the partnership streamlining tax work, ensuring compliance with regulatory updates, and providing cutting-edge tax solutions to clients. The focus is on leveraging technology and expertise for efficient tax processes.

Alvarez and Marsal (A&M) has appointed Annika Melin Jakobsson and Patricia Alonso de la Fuente as managing directors in its Global Transaction Advisory Group (TAG) within the Capital Markets and Accounting Advisory (CMAA) practice. Jakobsson, based in Stockholm, will develop CMAA in the Nordics and EMEA, focusing on IPOs, capital markets transactions, and M&A lifecycle aspects. Alonso de la Fuente, based in New York, will support CMAA in the US, Spain, and Latin American expansion, bringing expertise in IPOs, acquisitions, and complex technical accounting matters. Both additions strengthen A&M’s global presence and transaction advisory capabilities.

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