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Coronavirus
Covid-19 having significant impact on world’s auditors, says ACCA
The impact of Covid-19 is already having a “significant impact” across the audit profession and public practice leaders, according to…
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Regulation
IR35 is ‘riddled with problems’, says Lords report
The House of Lords economic affairs finance bill sub-committee has published a report urging the government to use this extra…
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People Moves
American Eagle appoints Mike Mathias as CFO and EVP
Global clothing retailer American Eagle Outfitters (AEO) has appointed Mike Mathias to the roles of executive vice president and chief…
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Administrations
Gordon Brothers rescues Laura Ashley from administration
Embattled retailer Laura Ashley has been rescued from administration by global investment firm Gordon Brothers for an undisclosed sum. Gordon…
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Accounting Firms
Grant Thornton cuts staff pay and hours to mitigate Covid-19 impact
Grant Thornton has cut the pay and hours of what is reported to be around 300 members of staff whose…
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Coronavirus
Accountants ‘striving’ to secure cash for SMEs, say ACCA and CFN
ACCA UK and The Corporate Finance Network (The CFN) have said accountants are “striving” to secure loans and cash to…
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Coronavirus
Chancellor extends coronavirus loan scheme to bigger firms
The Coronavirus Large Business Interruption Loan Scheme has been extended to include businesses with turnover greater than £500m. The £330bn…
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Coronavirus
Chancellor extends furlough scheme deadline
Chancellor Rishi Sunak has extended the deadline for the Coronavirus Job Retention Scheme after it was found that many people…
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Corporate Finance
Quantuma appointed as administrators to Beales Gourmet
David Meany and Andrew Watling of business advisory firm Quantuma have been appointed as joint administrators of events company Beales…
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Economy
Financial expectations worsen as pandemic concerns rise, say CBI and PwC
Financial services optimism fell in the three months to March, and firms expect a sharp decline in business ahead, according…
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