May 3, 2022 | Business Regulation
The latest figures released by the Insolvency Service showed 2,114 company insolvencies were filed in March, a 599 increase on February. It was reported that 1,844 creditors' voluntary insolvencies took place, which totalled a 109% rise compared to the same time last...
Apr 26, 2022 | Business Regulation
Research by the Association of Independent Professionals and the Self-Employed (IPSE) has found that 61% of self-employed workers operating through an umbrella company believe there are no benefits to doing so. The number of umbrella companies has grown since the...
Apr 11, 2022 | Business Regulation
The Government has announced that there will be reforms made to Companies House to help its "priorities in national security, anti-corruption, tackling fraud and boosting enterprise". The reforms will give Companies House the power to challenge and remove information...
Jul 26, 2021 | Business Regulation
Almost a third of audits require improvement or significant improvement, according to a new report published by the Financial Reporting Council (FRC). In its audit quality review (AQR), the auditor and accountant regulator found that 29% of audits reviewed needed...
Jun 29, 2021 | Business Regulation
The Financial Conduct Authority (FCA) issued a consumer warning on 26 June 2021, cautioning the public that Binance Markets Limited (BML) is not permitted to take part in any regulated UK activity. The London-based BML is part of the wider Binance Group, based in the...