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Business
Administrations at historic low, says KPMG
The number of companies going into administration fell to historic lows during 2020, thanks to a rise in government support…
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Comment
Force majeure: A get out of jail card for contract disputes?
2021 will be the year in which the full economic – and legal – fallout of the Covid-19 pandemic becomes…
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HMRC
HMRC penalties almost double in six months, says PfP
The value of penalties HMRC is imposing on taxpayers each month has doubled in the last six months, according to…
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Comment
The effect of Covid-19 on business disputes
As businesses in all sectors adapt to the challenges delivered by the Covid-19 pandemic, disputes have unfortunately still been arising…
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Budget
Sunak looks to raise corporation tax in March budget
Chancellor Rishi Sunak is reportedly looking to raise corporation tax in the upcoming March budget to pay off the estimated…
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Big Four
KPMG names Ian Beaumont office senior partner
KPMG has announced the appointment of Ian Beaumont as office senior partner of its Newcastle branch, with the role coming…
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Economy
UK GDP shrinks by 2.6%
GDP declined by 2.6% in November 2020 as government restrictions reduced economic activity, the latest ONS figures reveal. Figures released…
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HMRC
Suffolk Trading Standards warns against HMRC scam
Suffolk Trading Standards (STS) is warning the public about a fake text message from the HMRC which tells people they…
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Business
Gerald Edelman advises MAP on the acquisition of USL
Accountancy firm Gerald Edelman’s has recently advised MAP Group on the acquisition of USL. The acquisition was carried out by…
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Big Four
New business secretary pledges Big Four audit reform
The UK’s new business secretary Kwasi Kwarteng has pledged to target Big Four audit reform, stating that accountancy overhaul is…
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