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The Latest Breaking News from BDO

Scotland sees growth in manufacturing jobs as England records decline

The devolved nations of Wales, Scotland and Northern Ireland have seen big growth in the number of manufacturing jobs in the last year, in contrast…

The National (Scotland)

Revolut reports record profits as it hints at plans for IPO

London-based fintech company has been waiting more than three years for its UK licence to be approved

The Guardian - UK

New high-end restaurant Botswana Butchery Canberra closes

The Civic eatery had only been open for four months.

The Canberra Times

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Anglo American rejects second ‘highly unattractive’ takeover approach from BHP, worth £34bn – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Jaguar Land Rover sales jump 22%; 15 Ted Baker stores to close, with 245 job losses – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Amount of fraud in UK more than doubled to £2.3bn in 2023, report finds

Accounting firm BDO also warns of future impact of fraudsters using artificial intelligence to rip off customers

The Guardian - UK

UK workers can expect smaller pay rises this year, says HR body

Employers are reining in hiring plans despite improved business confidence driven by services sector

The Guardian - UK

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Almost 4 million people yet to file UK tax return due on 31 January

HMRC issues ‘act now’ plea as deadline looms for self-assessment tax return with penalties for those who miss it

The Guardian - UK

Averages, 180s and checkouts: The stats behind Luke Littler’s run to the World Championship final

Littler would be the first player to win the World Darts Championship title on his debut since Rob Cross in 2018

The Independent UK

Fintech firm Revolut hit by £25m loss after hiring spree

Firm gave near 80% pay increase to founder despite uncertainty over approval of UK banking licence

The Guardian - UK

Revolut swings to £25 million loss as auditor says IT issues 'resolved'

The rosy audit opinion gets the London fintech a step closer to securing a banking licence

Evening Standard

UK economy at risk of ‘hard landing’; MPs quiz Asda co-owner – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Raymond van Barneveld believes he ‘can go all the way’ at World Championship

The 56-year-old is marking the 25th anniversary of his first world title.

The Independent UK

Revolut mulls auditor switch as banking licence decision looms

London fintech giant Revolut has been considering switching auditors after its last annual accounts were only signed off with a health warning, the Standard understands.

Evening Standard

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The Independent UK

Threat of recession looming as firms grapple with ‘inflationary headwinds’, UK advisory group warns

Report says threat of recession looming amid fall in employment, business optimism, and output

The Guardian - UK

Hiring boom fading but three-quarters of UK firms still struggle to find staff

Staffing difficulties worst in hospitality sector, finds BCC poll, with separate research showing recruitment intentions falling in UK

Fortune

How America's 6th largest accounting firm is tackling a talent shortage

BDO USA, the sixth largest accounting firm in the U.S., announced a new employee stock ownership benefit in August.

AAP

Lawyers lose in better deal for pelvic mesh victims

A law firm that ran two class actions for women harmed by pelvic mesh implants will lose out on a $38.5 million cut of $405 million in settlement funds.

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news in one place.

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The Guardian - UK

UK manufacturers cut hiring plans amid ‘sharp slowdown’, survey finds

Firms preparing for difficult year as ‘potent cocktail’ of difficulties takes hold, says industry lobby group

The Guardian - UK

UK firms ‘slow output and rein in hiring as borrowing costs rise’

Survey of businesses gives further indication that Bank of England could limit future interest rate rises

The Guardian - UK

UK business confidence falls as economy slows and interest rates rise

Firms have cut back on hiring staff and manufacturing output is at its lowest since May 2020 as supply issues continue, a survey finds

The Guardian - UK

City AM bought by Matthew Moulding’s online beauty retailer THG

London-based free newspaper saved from administration by multimillionaire businessman

The Hindu

Why the Garo tribe of West Bengal’s Alipurduar feels betrayed by the ballot

Nothing much has changed in Uttar Panialguri, Alipurduar, for decades, say the villagers, mostly from the Garo tribal community, except for the Anganwadi Centre that was set up 16 years ago in a hut, where about 50 children come, six days a week.

Evening Standard

Which Empire cinemas are closing? Company enters administration

Eight of the 14 cinemas in the group – under the Empire Cinemas and Tivoli brands – will remain open

Nottingham Post

Six venues close and 150 jobs lost as Empire Cinemas goes into administration

It leaves a town and a city with no main cinema

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