| Date | Title | Description |
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| Nov 2, 2026 | BCG faces HMRC tax probe in consulting sector crackdown | Boston Consulting Group (BCG) is the latest professional services firm to be scrutinised by HMRC over its partnership structure and tax calculations for senior staff.
The tax authority is conducting an inquiry into how the consulting group ... |
| Oct 27, 2026 | Possible tax hikes for LLPs in Budget may ‘distort’ the market and push firms overseas | Despite the professional services sector dodging tax hikes on LLPs in last year’s Budget, it remains unclear whether Chancellor John Healey will impose tax changes this time round, but Rosie Harris-Davison writes that experts have warned ag... |
| Oct 15, 2026 | UK economy grew 0.1% in August, beating expectations | On an annual basis, GDP grew by 2.1% in August, beating economists’ expectations of 1.7%.
The U.K. is currently grappling with a cost-of-living crisis sparked by sticky inflation and surging energy costs in the wake of the Russia-Ukraine wa... |
| Oct 8, 2026 | Bolt set for £190m VAT bill after legal defeat | Ride-hailing platform Bolt has been refused permission to appeal a case brought by HMRC over how it calculates and pays its VAT.
This follows HMRC winning an appeal in June against the Estonian tech giant over its VAT payments and calculati... |
| Sep 7, 2026 | UK government slashes corporate red tape, cutting paperwork ‘longer than The Hobbit’ | Ministers have announced sweeping reforms to corporate reporting, aiming to save businesses over £450m annually by ditching “Hobbit-length” paperwork.
Under the overhaul, small and medium-sized enterprises (SMEs), including local family fir... |
| Jul 27, 2026 | Big Four’s AIM exodus accelerates as mid-tier firms seize mandates | Mid-tier audit firms scooped up new clients as the Big Four giants executed an intentional retreat from London’s junior market.
Three years ago, PwC, Deloitte, EY, and KPMG audited nearly half of the FTSE Alternative Investment Market (AIM)... |
| Jun 24, 2026 | UK Navigates Leadership Shift Amid Economic Headwinds and Tech Push | The UK charts a new course. Andy Burnham assumes the premiership. Markets eye his fiscal strategies. Economic headwinds persist. Brexit's long-term impacts surface. Retailers battle online giants. Government targets outsourcing, consum... |
| Jun 24, 2026 | UK Political Earthquake: Burnham Rises, Markets Brace for Populist Storm | Britain faces a dramatic political shift. Keir Starmer's premiership ended abruptly. Andy Burnham now ascends to Downing Street, likely uncontested. This rapid transition initially calmed bond markets. Investors avoided the turbulence ... |
| Jun 22, 2026 | Speed or stability? Bond markets strap in for Andy Burnham coronation | City bond traders are strapping in for a “jumpy” ride as Andy Burnham looks set to cruise into Downing Street uncontested – even if a coronation helps head off the worst volatility, analysts have said.
The former Manchester Mayor’s bid for ... |
| Jun 1, 2026 | Private equity-backed Ryan triumphs in bidding for European tax adviser Svalner Atlas | Private equity-based US accountancy firm Ryan has reportedly agreed to acquire European tax adviser Svalner Atlas Advisors in a deal reportedly worth $400m.
Headquartered in Texas and with a presence in London, Ryan specialises in tax servi... |
| May 16, 2026 | Irish BIC supported start-ups received €34m in funding in 2025 | Start-ups around the country supported by Irish BICs (Business Innovation Centres) received €34m in funding in 2025.
This consisted of €26.5m in Innovative High Potential Start-Up (iHPSU) funding and €7.5m in Pre-Seed Start Fund (PSSF) fund... |
| May 6, 2026 | Forvis Mazars UK CEO: We have what others are trying to buy | Forvis Mazars UK boss tells Maria Ward-Brennan that the firm’s integrated, global structure is what competitors are now trying to acquire through mergers and investments
Forvis Mazars has built an integrated firm from the ground up, somethi... |
| Apr 1, 2026 | Cavendish warns Iran conflict could damage long-term growth | Heightened geopolitical tensions, including the Iran war, could damage investor confidence and suffocate long-term growth if they persist, UK investment bank Cavendish has warned.
The AIM-listed group noted that while certain “macroeconomic... |
| Jan 19, 2026 | AI-enhanced deception: The audit industry’s next big test | The audit industry has been under the microscope over the past few years following a number of high-profile corporate collapses, prompting stricter measures to restore public trust.
And with the rise of AI-driven fraud, auditors will be und... |
| Jan 14, 2026 | Baker Tilly hits record $6.8bn revenue following surge in tax advice | Baker Tilly International has reported a landmark year, with 2025 revenues surging 21 per cent to $6.8bn (£5.05bn), but it was its tax division that stood out.
Over 2025, North America was the fastest-growing region at 37.5 per cent, underp... |
| Jan 7, 2026 | Legal firm faces “material uncertainty” after publishing overdue accounts | After months of delay, the law firm behind the largest action to hit the London High Court published its 2023 financial accounts, which revealed an annual loss of £95m.
Pogust Goodhead’s 2023 account, published on Companies House on Monday,... |
| Jan 5, 2026 | Interpath and beyond: The surge of private equity investment in professional services | It was revealed this morning that Big Four giant KPMG’s former restructuring division, Interpath Advisory, was in exclusive negotiations with Bridgepoint to acquire a majority stake in its business, the latest in a string of private equity ... |
| Dec 11, 2025 | Auditor MHA queried source of funds in Sanjeev Gupta-owned firms before resigning | MHA queried the source of funds for various intercompany transactions before resigning from an engineering firm owned by metals magnate Sanjeev Gupta, City AM can reveal.
The London-listed accounting firm has stepped down as auditor of Wolv... |
| Nov 14, 2025 | LLP U-turn: Law Society demands ‘absolute clarity’ plan is off the table | The professional services sector will breathe a sigh of relief as one of her reported rollbacks includes crossing out plans to target limited liability partnerships (LLPs) for tax.
The LLP model, used by professional services such as law fi... |
| Nov 14, 2025 | High Court finds BHP liable for Brazil’s worst environmental disaster | Mining giant BHP has been found liable for a dam disaster under both environmental law and the Brazilian civil code, in a significant ruling handed down by the High Court.
The case stems from a deadly dam disaster in Brazil. On 5 November 2... |
| Nov 3, 2025 | Minimum wage hike puts pressure on professional starting salaries | With Rachel Reeves poised to raise the minimum wage in her Autumn Budget, mid-tier professional services firms are bracing for significant impacts across the sector.
As reported last week, the Budget will likely see employers forced to rais... |
| Oct 31, 2025 | MHA set to deliver double-digit revenue growth as strategy pays off | Listed professional services group MHA has revealed that its first half 2026 revenue is expected to jump around 13 per cent from the same period last year, as it remains on track to meet full-year market expectations.
In a trading update on... |
| Oct 28, 2025 | Sweet relief: Ferrero’s Nutella biscuits remain VAT-free snack | A Tax Tribunal ruled in favour of Ferrero UK, stating that their ‘Nutella Biscuits’ are zero-rated for VAT, in yet another food battle HMRC has had over the bizarre tax rules around food.
The case centred on whether the ‘Nutella Biscuits’ w... |
| Oct 22, 2025 | Lawyers sound alarm over Rachel Reeves’ proposed tax target on LLPs | The Chancellor is reportedly looking to target limited liability partnerships (LLPs) for a tax raid as she tries to fill the fiscal black hole, but critics warn that this move will have consequences for the professional services sector.
The... |
| Oct 16, 2025 | Ousted CEO and mounting debts: the lawyers behind £36bn BHP lawsuit | The law firm behind the most significant litigation to ever hit the English High Court has been lighting up headlines recently due to allegations around internal issues at the group.
Back in 2018, in Liverpool, barrister Tom Goodhead and US... |
| Sep 30, 2025 | ‘It’s a desert out there’: London sinks to 23rd in IPO venue rankings | The pace with which London is losing its status as a global financial markets hub has been laid bare after the capital fell to as low as 23rd in a global ranking of IPO destinations.
Just £184m was raised on the London Stock Exchange in the... |
| Sep 5, 2025 | Rayner resigns: Legal advice excuse falls flat in tax duty scandal | Angela Rayner threw her lawyers under the bus over her brewing tax scandal, but the lawyers rebutted, citing the “arrows stuck” in their backs, as experts insisted she shouldn’t have hid “behind legal advice”.
When it emerged that Rayner ha... |
| Aug 19, 2025 | Tax crackdown drives rise in compulsory liquidations | Company directors are “feeling the impact” of HMRC’s crackdown on unpaid taxes as compulsory liquidations spiked by 11 per cent in the year to July 2025, official data has shown.
More bosses wound up their businesses last month than had don... |
| Aug 14, 2025 | MHA: Revenue jumps in first results since IPO | Share price of listed accountancy firm MHA ticked up over 3 per cent this morning after the group’s revenue soared to £224.2m over the last financial year, in its first results since it IPO’d on the London Stock Exchange earlier this year.
... |
| Aug 7, 2025 | House prices rise ahead of key Bank of England rate decision | House prices rose at their fastest pace since the start of the year in July, as buyers shake off concerns about higher property taxes and push ahead with purchases.
Prices rose 0.4 per cent in June, according to the latest index from Halifa... |
| Jul 24, 2025 | European Central Bank holds interest rates as tariff turmoil keeps policymakers on edge | The European Central Bank held its key interest rate at 2% at its July meeting, citing an “exceptionally uncertain” environment due to trade disputes.
The EU remains locked in negotiations with the U.S. over tariff rates, making forecasting... |
| Jul 4, 2025 | London IPO fundraising hits a three-decade low in another blow to the UK capital | IPO fundraising in the U.K. market fell to at least a 30-year low in the first half of this year, according to data from Dealogic.
Five listings in the six months to June raised £160 million ($218.6 million).
However, market watchers told C... |
| Jun 24, 2025 | London’s Hippodrome Casino takes HMRC to court | The popular casino in the heart of Leicester Square is at court today, seeking to overturn an ‘unusual’ ruling in a case over which method to use for the recovery of residual input tax.
The Hippodrome Casino offers customers a casino, along... |
| May 7, 2025 | MHA announces proposed acquisition of Baker Tilly South East Europe | MHA, the parent company of Baker Tilly Ireland, has announced the proposed acquisition of Baker Tilly South East Europe (BTSEE), for a total maximum consideration of approximately €24m.
MHA has been pursuing strategic cross-border M&A o... |
