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Audit
FRC to investigate KPMG and PwC over audits of Eddie Stobart Logistics
The Financial Reporting Council (FRC) has commenced two investigations into the audits of Eddie Stobart Logistics plc for the years…
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People Moves
Signify to appoint Francisco Javier van Engelen Sousa as CFO
Signify has announced the appointment of Francisco Javier van Engelen Sousa as chief financial officer, effective June 15, 2020. The…
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Tax
UK employees who agreed to waive salaries during the pandemic could face tax bills
Thousands of UK employees who have agreed to waive salaries or bonuses to help their employers during the pandemic could…
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Tax
Retailers set to receive £430m worth of tax rebates
The Supreme Court has handed the embattled retail sector a £430m tax lifeline by upholding an earlier decision that cash…
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Administrations
CVR Global appointed as administrators of Johnsons Shoes Company
Johnsons Shoes Company, which operates 12 stores under the brands Johnsons Shoes and Bowleys Fine Shoes, has entered administration due…
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Regulators
Number of ‘Dear CEO’-style warning letters issued by the FCA and PRA hits new high
The number of regulatory warning letters issued by the FCA and the PRA, often referred to as ‘Dear CEO letters’,…
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Regulators
FRC strengthens corporate governance and stewardship team
The Financial Reporting Council’s (FRC) Corporate Governance and Stewardship Team has been strengthened with two new senior management positions. Maureen…
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Tax
Travel expense tax refund could help boost economy by £4.5bn a year, research finds
Research by tax refund firm, Rift Refunds, has suggested that refunding the tax paid on commuter travel expenses when the…
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People Moves
KPMG bolsters legal services team with new hire
KPMG has appointed Isabel Ost as the new director of its legal services data protection team. She will be responsible…
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Economy
UK economy shrinks by 2% as pandemic takes its toll
The UK’s economy shrank by 2% in the three months to 31 March 2020, as a result of the Covid-19…
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