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Comment
Using moratoriums to create a legal fence during a company’s time of crisis
In situations where a company faces a temporary cash flow crisis that damages its balance sheet and threatens its viability,…
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Comment
Ethics over fines: why accountants need to be on the right side of history
According to the United Nations, between 715 billion and 1.87 trillion Euros are laundered each year, equating to between 2…
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Comment
How accounting teams can thrive through recession
A former Bank of England rate-setter stated that the UK is probably already in recession in a recent Bloomberg article. Businesses…
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Business Recovery
Number of CVAs agreed by businesses falls 47%
The number of Company Voluntary Arrangements (CVAs) agreed between businesses and creditors has reportedly fallen by 47% to 110 in…
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Economy
UK economy shrank by 11% in 2020, largest fall in 300 years
Updated figures from the Office for National Statistics have shown that the UK economy suffered a greater fall than first…
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Accounting Firms
Moorfields and BM Advisory announce merger
Independent restructuring and advisory firms BM Advisory and Moorfields Advisory have announced a merger between the firms, in a bid…
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Regulation
UKEB establishes PAG advisory group
The UK Endorsement Board (UKEB) has announced the establishment of its Preparer Advisory Group (PAG), welcoming its inaugural members to…
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Accounting Firms
Azets founder explores backing for £1.5bn bid
The founder of Azets is reportedly in the process of lining up potential backers for a £1.5bn bid for the…
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Comment
High-velocity M&A heats up amid market uncertainty
Over the last few months, we’re seeing more and more buyers ‘show up’ well prepared and ready to transact before…
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Economy
Inflation hits new 40-year high at 10.1%
Inflation has once again broken records with a new 40-year high recorded last month, as the Consumer Price Index (CPI)…
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