In this week’s accountancy career moves, partner promotions at BDO, Blick Rothenberg, Mazars, Mitchell Charlesworth and Tylney Smith & Williamson, and senior hire at Interpath Advisory

PwC will once again offer its staff summer working hours meaning they will finish at lunchtime on Fridays throughout June, July, and August

The Bank of England has raised the interest rate by 0.25% to 1%, marking the highest rate for 13 years

The move to digital transformation presents an opportunity for leveraging the power of artificial intelligence (AI), adding significant value to businesses and freeing up accountants to focus on high ticket services, explains John Edwards, CEO of the Institute of Financial Accountants (IFA) 

PwC has signed a deal with Sphera, a global provider of environmental, social and governance (ESG)  risk management software, data and consulting services

Over half of accountants state their clients are not ready for Making Tax Digital (MTD) for income tax self assessments 

Foreign Secretary Liz Truss has banned accountants, management consultants and public relations firms from working with businesses based in Russia

Grant Thornton has launched a collaborative project which aims to help victims of crypto-related fraud access the tools and support to take their claims to court

The number of profit warnings by UK listed companies increased by 44% with companies issuing 72 warnings in the first quarter (Q1) of 2022

In this week’s accountancy career moves, partner promotions at Dains, Mazars, RSM, EY and Henderson Loggie, senior hires at K3 and Alvarez & Marsal, president for ICAS and audit chair hire

Mid-tier accounting firm RSM has completed a share buyback from retired partners as part of plans to strengthen the firm’s ‘ability to execute long-term strategy’

Over half of accountants, 55%, have admitted to suffering from stress and burnout due to high workloads compared to 41% of other professions research has revealed