HMRC cancelled 46,266 tax penalties last year after appeals, as experts warn many taxpayers may be paying fines they could challenge.

The Ministry of Defence rejected nearly £212bn in suspicious invoices over three years, as fraud & financial controls scrutiny intensifies.

The FRC is investigating Deloitte's audits of Glencore between 2013–2020 over concerns about legal risk assessments during bribery probes.

UK business confidence among accountants rose modestly in Q2 2025, according to ACCA, despite gains in investment and employment indices.

HMRC confirms it will not introduce MTD for Corporation Tax in new roadmap, shifting focus to internal upgrades and targeted reforms.

Nearly half of top UK accountancy firms are open to private equity investment, a new Kingsley Napley survey has revealed.

Barclays fined £42m by FCA over failings in anti-money laundering controls linked to WealthTek and Stunt & Co.

UK launches AI audit standard to regulate the 'wild west' of assurance firms, setting global precedent for responsible ...

P&O Ferries appoints boutique firm Just Audit & Assurance as auditor after KPMG resignation, raising questions about audit independence.

HMRC to expand tax investigations into high-income earners and asset holders, with 400 new officers and £7.5bn in revenue targets by 2030.