BDO

12 June, 2020

BDO client increase sees it overtake KPMG in UK auditor rankings

Change may be under way in the audit market, albeit tentatively. BDO, an audit firm outside the global Big Four, has become the second largest firm by number of listed clients in the UK, overtaking KP...
Business ethics, boardroom ethics

3 April, 2020

Fall in number of boards that ‘discuss ethics on a regular basis’

It is a challenge to move ethics into the boardroom, according to research examining business ethics across the UK and Europe. The
WPP buybacks

1 April, 2020

Pushback on buybacks as global brands postpone plans

On Wednesday this week WPP, one of the world’s largest marketing and advertising companies, suspended a £950m buyback announced last year. A day later Adidas, a global sports brand announced postpo...
City of London, financial, banking

26 March, 2020

FRC warns firms to be candid about prospects of corporate failure

The UK’s financial reporting regulator expects more companies to report “material uncertainties” about their future prospects in the coming reporting season and warned companies to be clear abou...
City of London

10 March, 2020

FRC chief indicates support for a UK version of Sarbanes-Oxley

The UK’s leading corporate governance regulator has raised the prospect of new US-style laws that would force finance directors and chief executives to personally attest to the veracity of their int...
standardisation, box ticking

9 March, 2020

EcoDa warns that sustainability standardisation ‘promotes box-ticking’

The European Union is attempting to improve non-financial reporting, but it has already received a warning. Indeed, officials have been told that standardisation of company information and metrics pri...
Covid-19, coronavirus

4 March, 2020

Covid-19: UK business institutions and advisers set out likely impact

The urgency over coronavirus is ramping up. The Bank of England, the Treasury, regulators and professional bodies have all either issued reassurances about their response to Covid-19, or warnings abou...
Bank of England, Andy Haldane

25 February, 2020

Bank of England economist Andy Haldane enters stakeholder debate

When a central banker talks about an issue, it has for all intents and purposes hit the mainstream. This week, the Bank of England’s chief economist Andy Haldane began to talk about the need to shif...
UK climate reporting, ice cap

21 February, 2020

UK watchdog to review companies’ climate reporting

Like it or not, the climate-risk reporting of UK companies is about to come under close scrutiny. This week the UK’s corporate reporting watchdog, the
Competition & Markets Authority

19 February, 2020

Mergers under scrutiny as competition regulator toughens stance

The focus on takeovers and their implications for competition have become a hot button issue in recent months. Indeed, investigations by competition regulators into proposed takeovers are on the rise,...