Leadership & management

Tax / HMRC names new deputy CEO

Angela MacDonald has been named as the HMRC’S new deputy chief executive, succeeding Jim Harra who vacated the position in October 2019 when he took on the top role as HMRC’s chief executive

Insight / Opinion: Don’t bar Branson from bailouts

Despite calls for UK corporates registered offshore to be denied government help during the coronavirus crisis, Andersen Tax’s Miles Dean argues that support could save thousands of jobs

Audit / FRC gives four-year deadline for Big Four audit separation

The Financial Reporting Council (FRC) has given PwC, EY, KPMG and Deloitte four years in which to agree to operational separation of their audit practices, in a bid to drive up audit quality and end what the regulator dubbed ‘persistent cross subsidy’ from the rest of the firm

Insight / Push to widen FTSE board diversity

The 30% Club, which has been campaigning for better representation for women on boards for a decade, has announced new diversity targets for UK companies over the next three years, including greater BAME representation at the top level in big companies

Insight / Calculating the Self-Employed Income Support Scheme - CPD module – NEW

This month's exclusive Accountancy Daily CPD module focuses on the eligibility criteria and calculating how much a client can claim through the Self-Employed Income Support Scheme (SEISS)

Tax / Six rules you need to know: flexible furlough system

Here are the rules employers and employees need to know to access the government’s flexible furlough scheme that launches on 1 July, explained by Alan Price, HR expert and CEO at BrightHR

Insight / Lockdown has highlighted UK’s widening skills gap

The Chartered Institute of Management Accountants (CIMA) calls on the government to look beyond the short-term and address the UK’s long-standing productivity woes, focusing future investments in skills in industries to help compete on the world stage and address social mobility

Accounting / Accountants ‘unsung’ heroes

Accountants are gaining recognition as the unsung business heroes of the current pandemic, with research suggesting they are the key go-to advisor, while a business improvement consultancy has launched a new award to acknowledge their contribution

Insight / How to support staff mental health after lockdown lifts

From ensuring the right level of PPE through to helping vulnerable staff, Nuffield Health’s Brendan Street sets out the key points that employers need to think about as staff return to work

Accounting / What lies ahead for accountancy firms large and small

From the Big Four to sole practitioners, there will be winners and losers. Carbon Accountancy’s John Leyden sets out the future challenges, from paying staff and partners to changing business models and keeping clients

Insight / LSE Chief appointed as FCA boss

The Treasury has announced Nikhil Rathi, previously head of the London Stock Exchange, is to be the new chief executive of the Financial Conduct Authority (FCA)

Insight / Competition and Markets Authority chair quits over slow pace of reform

Andrew Tyrie, chairman of the Competition and Markets Authority (CMA), is to step down from the role in September, indicating some frustration with its limitations and the pace of reform

Insight / Covid-19 sees jobless rates rise, business investment fall

The number of UK employees fell by more than 600,000 last month, while job vacancies are at a record low, according to the Office for National Statistics (ONS), as Covid-19 restrictions on business activity impacted the labour market

Insight / Covid-19: returning military reservists eligible for support schemes

Military reservists who have been deployed during the pandemic will be able to access the government’s self employment scheme, and those returning to work in the coming months will be eligible for the coronavirus job retention scheme (CJRS), the Chancellor has announced

Insight / Impact on culture key to senior managers regime

Named senior managers need to abide by a regime that governs acceptable behaviour in FCA-regulated sectors, warns Mayer Brown partner James Whitaker