NFTs: A hot trend for hackers December 15, 2020 2020 has been another milestone year for new, emerging crypto trends. From the research conducted by our Hacken team, we found that Decentralized Finance (DeFi) undeniably saw the most explosive growth with the total value locked in protocols up 2,000% since January 1, from US$690m to US$14.5bn. However, the Non-Fungible Token (NFTs) space has also [...]
UK new car sales fall in January as industry condemns 2035 ban February 5, 2020 The number of UK new car sales fell 7.3 per cent at the start of 2020, according to industry figures released today. Sales of new diesel cars plummeted 36 per cent year on year in January, their worst performance in 20 years, statistics released by the Society of Motor Manufacturers and Traders (SMMT) showed. And [...]
Virtual law firm FisherBroyles: 2020 has been ‘the best year on record’ November 12, 2020 International virtual law firm FisherBroyles has been unwittingly preparing for the coronavirus pandemic for nearly 20 years. Founded in 2002 following the burst of the dot-com bubble, FisherBroyles is a full-service international law firm that operates – and indeed has always operated – virtually. Where the Covid-19 pandemic left many business leaders scratching their heads [...]
Put tax at the heart of digital transformation decisions March 30, 2020 Tax runs through the heart of every business process and so must be central to discussions around moving to a new enterprise resource planning (ERP) in the cloud. Q) What has been the impact on tax of digital transformation and companies moving to the cloud-based ERP systems? A) It’s providing the perfect opportunity to ensure [...]
Are you ready for this? March 30, 2020 Will every company using SAP today step up to SAP S/4HANA? This is a watershed moment for SAP customers. Among organisations sticking with SAP, four factors seem to be shaping their decisions. The first factor is competitive risk. Companies already moving to SAP S/4HANA will get the benefits sooner, and those benefits can be substantial. [...]
Hybrid working: Out of office… forever? September 8, 2021 During lockdowns, many started working from home for the first time. Now, 91% don’t want to go back to the office full-time. With hybrid models of work being adopted by many, Christian Koch talks to leading CAs about the chances of a new workplace revolution… This article first appeared in ICAS’ CA magazine. What does [...]
Former Arsenal shareholder settles lawsuit with Deloitte and Linklaters August 22, 2018 Former major Arsenal Football Club shareholder Lady Nina Bracewell-Smith, has settled a lawsuit with her advisers over the sale of her shares in the club in 2011 to US businessman Stan Kroenke. Bracewell-Smith accused magic circle law firm Linklaters and Big Four accountant Deloitte of negligence in relation to the sale of her 15.9 per cent stake [...]
CMA chair Tyrie was ‘forced to step down’ after row with directors June 28, 2020 The chairman of the UK’s competition watchdog was forced to step down three years early after a stand-off with the firm’s chief executive, according to reports. Lord Tyrie, who last week announced he would stand down as chairman of the Competition and Markets authority (CMA) in September three years earlier than planned, had fallen out [...]
FRC tells Big Four auditors to accelerate break-up plan February 27, 2020 The Financial Reporting Council (FRC) has told the Big Four to accelerate the ring-fencing of their audit businesses by strengthening independent governance and improving financial transparency. The regulator wrote to Deloitte, EY, KPMG and PwC this week to set out details of the ‘operational separation’ blueprint, according to Sky News. The FRC is reported to [...]
Supercuts secures rescue deal December 11, 2019 Budget hair salon chain Supercuts has secured a rescue deal, in a move that will save more than 1,000 jobs. Bushell Investment Group, owned by entrepreneur Lee Bushell, supported a management buy-out of the business and assets of Supercuts owner Regis UK. Around 60 sites are expected to close as part of the deal, with [...]