The Bank of England (BoE) has reduced its key interest rate from 4.75% to 4.5% in a move aimed at supporting the UK’s slowing economy, marking its third cut since 2020. The decision reflects growing ...

For years, accounting firms built their businesses on stability. Tax filings, financial reporting, and audits were the profession’s foundation, predictable as a well-balanced ledger. But stability is ...

Grant Thornton UK LLP has announced a £1 million investment in a business transformation programme designed to embed a data-driven, digital mindset across the firm. Developed in partnership with Data ...

The global accountancy body has thrown its support behind the UK government’s proposed overhaul of local authority audits but warns that the reforms lack critical detail on funding and execution.

Barclays experienced a significant IT outage that disrupted various banking services, including online and mobile banking platforms, as well as payment processing systems. This incident coincided with ...

PKF is now at 89 AIM-listed clients, just two away from overtaking BDO’s 91 clients. The firm has a stronghold in the Basic Materials sector, with 39 clients—more than double BDO’s count. It also ...

Local councils across the UK are facing a fiscal crisis, with some proposing sharp council tax hikes to tackle mounting debt and budget shortfalls. Eight of the most indebted councils, including ...

As the climate crisis accelerates, the world is shifting towards transparency in carbon emissions. With mandatory climate reporting set to impact an estimated 80,000 Australian businesses by 2028, and ...

In 2025, artificial intelligence (AI) has moved beyond being a buzzword in accounting—it’s now a fundamental part of how businesses manage their finances. The global market for AI in accounting is ...

EY’s Marc Jeschonneck and Paul Goodhew reveal how generative AI and innovation are reshaping the future of auditing.