Spain’s Banco Sabadell in Talks to Buy Britain’s TSB Group
March 12th, 2015
Spain’s Banco de Sabadell SA is in talks to buy British consumer lender TSB Banking Group Plc for 1.7 billion pounds ($2.5 billion), to expand outside an economy battered during Europe’s financial crisis. Sabadell, Spain’s fifth-biggest bank, is proposing ...
Events – Conferences – Seminars
February 26th, 2015
Stay updated with coming Live Events, Conferences and Seminars for Forex Market, Accounting, Legal Banking and in general on Business, Finance and Investments
KPMG SME foray doomed to fail
February 18th, 2015
KPMG is doomed to fail as the Big Four firm attempts to wrest business from High Street practitioners, according to Accountancy Age readers. That was the majority view when asked if the Big Four firm “can compete with the high street for ...
Accounting firms: Small practitioners pick apart KPMG’s SME move
January 22nd, 2015
A torrent of defiance and disbelief has been unleashed by accountancy practices across the UK after KPMG‘s recent vow to disrupt and dominate the SME market by telling small businesses “you can pay us the same as your current accountant, ...
KPMG pre-tax profits dip 9% as tax regulation bites
December 19th, 2014
KPMG has reported a 5% growth in revenues but pre-tax profits fell as the firm made a series of investments in new business lines, while its tax practice felt the impact of an increased regulatory burden Revenues for the ...
All EU member states told to release tax ruling information
December 18th, 2014
All EU member states have now been drawn into the European Commission’s investigation into the use of tax rulings to offer preferential tax treatment to multinationals The Commission has extended the scope of its enquiry into tax rulings practice ...
Disney and Skype ‘used Luxembourg tax deals’
December 12th, 2014
Companies including Disney and Skype have allegedly used Luxembourg tax deals, according to fresh leaks published by investigative journalists. The group of firms funnelled hundreds of millions of dollars in profits through Luxembourg subsidiaries, according to leaked documents. Disney ...
Tesco boss Dave Lewis overhauls management structure amid accounting scandal
December 2nd, 2014
Tesco’s newly appointed CEO Dave Lewis has overhauled the management structure of the British retailer in the wake of an accounting scandal that led to eight managers being suspended. Lewis will temporarily head UK operations as the current managing ...
BDO concerned over patchy roll-out of EU accounting rules
November 27th, 2014
New European Union rules to improve auditing of banks and other companies are being blunted by varied implementation from nation to nation, a top accounting official said. The reform forces companies to switch auditor every few years so that accountants are ...
Competition watchdog to investigate UK current account and SME banking market
November 7th, 2014
The UK’s Competition and Markets Authority is to launch a full-scale investigation into personal current accounts and SME banking, following a three month consultation exercise. The CMA published two studies in July which indicated that regulatory barriers and limited ...
