Business

Accounting / Ex-CFO of Goals Soccer Centres questioned over accounting

AIM-listed five-a-side football operator Goals Soccer Centres has revealed it is questioning its  former chief financial officer, as well as its  founder and  former chief executive, as part of investigations into the ‘significant’ accounting errors discovered earlier this year

Insight / Financial services sector plans for no-deal relocations

Only 12% of financial services firms expect the UK will leave the EU with a deal agreed by the October deadline, while 42% say they will transfer UK business to a global centre outside the EU immediately if there is a no-deal exit, according to EY research

Insight / Firms must make difficult changes to attract ‘Gen Z’ professionals

Finance professionals say their organisations are failing to attract the youngest generation of recruits and need to adapt in a number of areas if they are to be successful in bringing in the latest generation of workers, according to research from Reed Finance

Insight / No-deal Brexit impact on mergers and anti-competition activity

The Department for Business, Energy and Industrial Strategy (BEIS) has published guidance on how merger reviews and investigations into anti-competitive activity would be affected in the event of a no deal Brexit later this year

Accounting / Job opportunity: audit & accounting technical writer

Croner-i has an exciting opportunity for an audit & accounting technical writer to join a lively team based in our central London offices

Accounting / SFO sets cooperation bar on deferred prosecution agreements

The Serious Fraud Office (SFO), which has agreed a handful of high-profile deferred prosecution agreements (DPAs) with companies that have co-operated on investigations, has released details of guidelines for those looking to strike a plea deal

Tax / Post-Brexit trade policy will introduce UK freeports

The government is looking at setting up a string of freeports around the UK providing duty-free trade zones with tax and customs duty advantages

Insight / Rennie Welch builds up Scottish border presence

Scottish firm Rennie Welch has merged with Optimus Accounting Ltd, as part of a strategy to increase its geographical reach and widen its client base

Tax / FTSE 100 has £4.5bn at risk in tax disputes

FTSE 100 companies have up to £4.5bn at risk from tax disputes, most commonly arising from changes in legislation in emerging markets, according to research by Thomson Reuters

Accounting / Companies House clarifies filing periods for confirmation statements

Companies House has updated guidance for company confirmation statements with more information about filing and payment periods

Insight / Facebook faces backlash over Libra cryptocurrency

A group of international regulators is calling on Facebook and the group of companies behind the launch of a new digital cryptocurrency, Libra, to provide more clarity about how it will handle data protection

Insight / Spudulike latest casual dining casualty

Baked potato fast food chain Spudulike has collapsed after a pre-pack sale of the 45-year old business fell through, resulting in the loss of 300 jobs

Insight / KPMG sells Jack Wills to Sports Direct in £12m deal

KPMG has sold Jack Wills, the upmarket British fashion retailer, out of administration to companies controlled by Sports Direct, the high street empire owned by Mike Ashley, in a deal valued at £12.7m

Insight / Ryanair ordered to repay €8.5m of illegal state aid

The European Commission has ordered France to force Ryanair to return €8.5m (£7.8m) of support the Irish airline received for using Montpellier airport, which it has ruled amounted to illegal state aid

Insight / Call to improve People with Significant Control register

The People with Significant Control (PSC) register at Companies House could be a more powerful tool for financial investigations with a few changes to how it collects and organises information, users have said
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