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UK pension deficits stable despite market volatility, says PwC

Deficits in the UK’s defined benefit schemes have proven to be stable despite the market volatility resulting from the US…

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Research finds 83% businesses hope to freeze corporate tax rises

83% of Owner Managed Businesses (OMBs) want the government to freeze corporate tax increases until the economy has fully recovered,…

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FCA scam warnings for the year surpass 1000

The number of scam warnings issued by the Financial Conduct Authority (FCA) this year has passed 1000, as fraudsters continue…

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Grant Thornton appoints new UK head of Corporate Finance Advisory

Grant Thornton UK has appointed Keely Woodley as its new head of Corporate Finance Advisory. Woodley has been with Grant…

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Deloitte Legal acquires digital media law firm Kemp Little

Deloitte announced it has partnered with technology and digital media law firm Kemp Little, in a move that will “significantly…

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Bank of England won’t introduce negative interest rates, EY reports

The Bank of England is not expected to introduce negative interest rates at its next MPC meeting, according to EY’s…

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AAT to continue assessments through lockdown 

Following the announcement of a second national lockdown in England, the Association of Accounting Technicians (AAT) has said that it…

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New HMRC law will ‘increase insolvencies’, warns tax pros

Tax professionals have criticised a new law set to be imposed on 1 December, which places the HMRC in a…

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Firms’ borrowing to increase five-fold in 2020, EY reports

Covid-19 is expected to cause UK firms’ 2020 borrowing to be over five times the amount in 2020 than in…

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557,000 UK businesses in ‘significant distress’

The latest Red Flag Alert research for Q3 2020 has recorded 557,000 businesses in ‘significant distress’ after the largest quarterly…

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