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Regulation
Firms must complete LIBOR transition by end of year, FCA warns
The Financial Conduct Authority (FCA) is warning firms to complete their transition away from LIBOR by the end of 2021.…
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Economy
UK CFO optimism at 12-year high, Deloitte finds
Optimism among chief financial officers (CFOs) in the UK has reached a 12-year high, according to a survey carried out…
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Regulators
FCA publishes Covid-19 financial resilience survey data
The Financial Conduct Authority (FCA) has published the findings from its Covid-19 financial resilience surveys. The surveys were delivered to…
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People Moves
PwC names new Financial Services UK leader
PwC has announced the appointment of Isabelle Jenkins as its new leader for Financial Services UK. Having been a partner…
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Crime
Takeaway boss banned for seven years after tax avoidance
A Norwich-based takeaway owner has been disqualified after deliberately under-declaring takings to avoid paying taxes. Huseyin Gozel was appointed director…
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Accounting Firms
BDO wins STEP’s Accountancy Team of the Year award
BDO has won Accountancy Team of the Year, in the large firm category, at the STEP 2020/21 Private Client Awards,…
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Companies
CVAs in consumer facing industries rise by 375%
Company Voluntary Arrangements (CVAs) in consumer facing industries, which have been adversely affected by continuing and fluctuating Covid-19 social distancing…
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Big Four
KPMG revenue slips due to Covid impact
KPMG’s financial results for 2020 have revealed a pre-Covid growth rate of 5% by the end of 2020, resulting in…
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Business
Smith and Williamson advises on CKF Systems buy-out
Smith and Williamson has advised on the management buy-out of CKF Systems, the Quedgeley based designer and installer of robotic…
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Regulators
FCA criticised over regulatory failings at failed firm
An independent report, carried out by Dame Elizabeth Gloster, into the regulation and supervision of London Capital and Finance (LCF)…
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