KPMG UK has joined up with MindBridge to use advanced artificial intelligence (AI) for digital audit, while Forensic Risk Alliance ramps up crypto transaction verification service

In 2022, there were 20 acquisitions of UK professional services firms by private equity funds with nine deals across the accounting and consulting sectors

PKF Littlejohn, part of one of the UK and Ireland’s largest accountancy brands, is opening an office in Manchester to target north west based clients

The rate of inflation dropped to 8.7% in April from 10.1% the previous month, the largest fall in inflation since the Bank of England began raising interest rates in 2021

The boss of an investment firm has been jailed for seven years after duping more than 50 investors in a £4m scam

Warwickshire based accountancy firm Cottons has snapped up Street & Street Accounts, a Midlands firm with a strong hospitality clientele

A foreign exchange boss responsible for a Ponzi-style investment scam valued at over £70m has been found guilty following a seven-week trial

Xeinadin Group has acquired About Tax to create a specialised direct tax advisory function across the UK 

A married couple who siphoned £150,000 out of a luxury restaurant has been handed two-year suspended sentences for fraud

The IFRS Foundation has published educational material into SMEs accounting standards related to the effects of climate-related matters on financial statements 

Professional tax jobs in London plunged by 13.8% compared to 2021, which saw a total of 16,000 vacancies registered, according to a report by Morgan McKinley 

Edinburgh Napier University and Deloitte have signed a deal to launch a custom-made MSc postgraduate qualification for the firm’s employees