EY to cut 150 UK consultants as division head steps down December 1, 2024 Big Four accountancy firm EY is set to cut 150 roles in its UK consultancy division and replace one of its most senior executives amid a slowdown in demand. Cuts in the 4,700-strong unit are expected to impact managers, senior managers and directors, it is understood, which are the highest-paid roles below partner level. Meanwhile, [...]
Oh! Darling: Harry Potter star Rupert Grint owes taxman £1.8m thanks to Beatles clause November 29, 2024 Harry Potter star Rupert Grint's appeal against HMRC imposing a £1.8m tax bill on him was dismissed, after a Tribunal upheld a Beatles clause
Making the case for ADR in the business world November 26, 2024 | Sponsored In November 2023, the UK Court of Appeal found that parties to a dispute being litigated through the courts, can be ordered by the court to engage in non-court-based dispute resolution, often referred to as alternative dispute resolution (ADR). Catherine Dixon, CEO of the Chartered Institute of Arbitrators (Ciarb) looks at what ADR, including mediation, [...]
Udo Onwere: Former Fulham footballer turned partner at City firm November 25, 2024 From the pitch to the legal field, former Fulham midfielder Udo Onwere has turned his knack for tackling challenges into a thriving career in law
New report warns DPAs should not be seen as ‘a cost of doing business’ November 21, 2024 The use of deferred prosecution agreements doesn’t stop corporate fraud, and may be actively encouraging it, says new paper by think tank, IEA
‘FCA is not fit for purpose’: Motor finance lender bosses lash out November 20, 2024 Motor finance lender executives criticised the FCA performance of this sector, telling members of the Lords that the regulator is "not fit for purpose"
Supreme Court: Firms linked to top Morgan Stanley banker and Wayne Rooney denied tax allowances November 20, 2024 Investment firms have been denied using tax allowances from a marketed tax scheme by the Supreme Court after it dismissed its appeal against the HMRC
Former Kennedys partner fined £27k in last minute settlement November 18, 2024 Former Kennedys' real estate partner has settled his case with the legal watchdog moments before a hearing was set, but the case still proceeds against the firm's chief risk officer
Thomson Reuters falls at hurdle in fight against HMRC tax bill November 15, 2024 After trying to fight a whopping £167m tax bill, a court has sided with the tax agency against Thomson Reuters
London Capital & Finance was a ‘Ponzi scheme’, judge rules November 14, 2024 Former executives of the collapsed London Capital and Finance (LCF) participated in fraudulent conduct, ruled a High Court judge.