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Budget
Public finance deficit drops to £8.8bn
The UK’s public finance deficit dropped to £8.8bn in 2020, a smaller year-on-year decline than the previously anticipated £9.6bn. The…
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People Moves
HW Fisher appoints Martin Smith to specialist team
HW Fisher has announced the appointment of Martin Smith as a consultant to its specialist Forensic Accounting team. Smith joins…
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Economy
ICAEW: Scottish firms confident of a return to growth in 2021
Scottish firms are confident the economy will see a return to growth in 2021, according to the Institute of Chartered…
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Regulators
FCA set to increase third country auditor fees by 10%
The Financial Conduct Authority (FCA) has announced its planning to increase the fees for third country auditors by 10%. Third…
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HMRC
HMRC halts investigation into VAT-evading online sellers
HMRC has only issued 80 data requests to platforms for information about online sellers it suspects of evading UK VAT…
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People Moves
Ex-Deloitte partner appointed CFO of Rolls-Royce
Panos Kakoullis has been appointed as the new chief financial officer for Rolls-Royce Holdings, according to Sky News. The former…
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People Moves
KPMG promotes first female leaders as chairman departs
KPMG has promoted its first female leaders in its 150-year history after confirming the resignation of Bill Michael as chairman.…
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People Moves
KPMG UK boss to step aside as probe launched into ‘stop moaning’ comment
KPMG has confirmed that Bill Michael, the accountancy giant’s UK chairman, is stepping down from his role pending an investigation…
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Accounting Firms
KPMG chair apologises after telling staff to ‘stop moaning’
Bill Michael, chairman of KPMG UK, has apologised for telling consultants to “stop moaning” during a discussion about the impact…
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Personal
Jonathan Yeomans joins Untied as tax technical officer
A senior HMRC tax professional has joined Untied, the UK’s personal tax app, as its tax technical officer. Jonathan Yeomans…
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