Nearly 13,000 offshore companies owning own properties in the UK missed the deadline to declare their ownership details on the Register of Overseas Entities
The Financial Reporting Council (FRC) plans to monitor auditors more closely to make sure they are correctly following ESG reporting requirements in company audits, as many firms admit widespread confusion
Regional airline Flybe has gone into administration with the majority of staff losing their jobs, just two years since the company was rescued by private equity investors
The level of mergers and acquisitions (M&A) activity in 2022 slowed down from its record-setting 2021 activity to pre-pandemic levels, with economic headwinds affecting the volume of deals completed
With supply chain problems, war in Europe and an increasingly uncertain economic outlook, Devi Shah, partner, and Chris Street, senior associate in Mayer Brown’s restructuring team, explore the options for companies experiencing financial distress
ICAEW’s latest Business Confidence Monitor (BCM) shows that business confidence continues to plummet, following difficult economic conditions and falling customer demand
Authorities and banks blocked £305m in proceeds from money laundering, with a total of 83,000 defence against money laundering (DAML) notices issued in 2022
The UK Investment Bank was created in a rush at ministers’ insistence, which meant it operated with weak financial governance and very close to the Treasury for its first year