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The Latest Breaking News from BDO

UK firms halt investments and hiring as Iran war pushes up costs, bosses warn

Survey shows businesses ‘struggling to absorb latest economic shock’, while data says April vacancies down 7.7%

The Guardian - UK

Mark Webster diagnosed with rare form of blood cancer

The left-hander Webster has not worked since February.

The Independent UK

Supermicro's co-founder allegedly smuggled $2.5 billion in Nvidia-chipped servers to China—now the whole company is under the microscope

The company will report financial results on Tuesday after disclosing it has launched an internal probe that could reshape its management and future with the Department of Justice.

Fortune

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Supermicro—accused of smuggling $2.5 billion in Nvidia chips to China—has been here before, in Iran

Yih-Shyan “Wally” Liaw was arrested on Thursday and resigned his seat on the Super Micro Computer board on Friday.

Fortune

Britain’s job market ‘floundering’ as companies remain cautious about hiring

Data shows labour market is still in a fragile position due to economic uncertainty, with few signs of recovery

The Guardian - UK

Asos pays tribute to co-founder Quentin Griffiths after death in Thailand fall

Mr Griffiths co-founded Asos in 2000 as a site for fashion aficionados seeking clothes at discount prices

The Independent UK

UK business confidence weakened and hiring fell at end of 2025, surveys find

Rising costs and economic uncertainty take toll, in contrast to Keir Starmer saying Britain will start to feel richer

The Guardian - UK

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Cloudflare admits ‘we have let the Internet down again’ after outage hits major web services – as it happened

Cloudflare reports it is investigating issues with Cloudflare Dashboard and related APIs

The Guardian - UK

Tributes to rugby-loving accountant who fought for Scottish profession’s independence

‘Bannockburn 1314, Murrayfield 13-7’ Rugby-loving accountant's cheeky celebration

The National (Scotland)

UK firms’ hiring intentions remain at record low amid rising employment costs

Economic uncertainty also a factor as bosses ‘stuck in limbo’ and drop in recruitment hits young people hardest

The Guardian - UK

More than half of calls to Queensland domestic violence helpline unanswered for full month last year, report finds

Audit of DVConnect commissioned by LNP government reveals ‘damning’ findings, minister for prevention of domestic and family violence says

The Guardian - AU

UK shoppers shunned high streets for online shopping amid heatwave

It is the sixth consecutive month that in-store sales growth has been below the rate of inflation

The Independent UK

High streets suffer disappointing June amid ‘incredibly cautious’ spending

Sales rose by just 0.6% year on year, according to the latest High Street Sales Tracker from accountancy and business advisory firm BDO.

Evening Standard

Unite union had ‘pervasive fraud environment’, auditors say

Auditors said ‘dominant personalities and a weak control environment facilitated opportunities to commit fraud’ at the union.

Evening Standard

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The Guardian - UK

Staff layoffs in UK gain pace amid Trump tariff turmoil and labour cost increases

Surveys show employer confidence at record low, prompting job cuts and hiring freeze

The National (Scotland)

Inverness shareholders urged to back CVA proposal in bid to exit administration

Inverness shareholders have been urged to back a Company Voluntary Arrangement (CVA) proposal aimed at allowing the club to exit administration and…

The Guardian - UK

UK growth forecast to slow sharply as Trump tariffs push confidence to record low

EY Item Club predicts GDP of only 0.8% this year as Ipsos poll shows three-quarters of Britons expect economy to get worse

The National (Scotland)

Almost half of Scottish firms 'freezing wages amid Labour tax changes', poll finds

ALMOST half of Scotland’s mid-market businesses have frozen salaries or stopped pay rises due to Labour’s changes to tax and wages, a poll has…

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The National (Scotland)

Future of Inverness Caley Thistle at 'significant risk'

Future of Inverness Caledonian Thistle at 'significant risk'.

The National (Scotland)

Labour's National Insurance rise set to prompt mass lay-offs, survey finds

HUNDREDS of thousands of businesses are planning to lay off workers due to the hike to employers' National Insurance contributions (NICs), surveys…

The Guardian - UK

Firms hold back on hiring amid ‘significant cost rises’, surveys say

KPMG/REC report shows decline in people being placed in roles continues, while unemployment is rising, says BDO

The Guardian - UK

Weak UK consumer spending is denting business mood, says CBI

Employers lobby group says business activity is falling with most firms expecting worse to come

Kiplinger

SMCI Stock Soars as Delisting Fears Ease

SMCI stock is higher Wednesday after the tech company reported its delayed financial results. Here's what you need to know.

Evening Standard

Business hiring at its weakest since the pandemic following Budget tax raid on employers

Researchers warns there is unlikely to be any “significant improvement” in the near future

Barchart

Dear Super Micro Computer Stock Fans, Mark Your Calendars for February 25

The company must file its 10-K and 10-Q forms by Feb. 25 to maintain compliance with Nasdaq’s listing requirements.

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