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The Latest Breaking News from BDO

‘Sharp shock’ for Britain’s high streets in March as shoppers only make essential trips

Inflation is ‘bad news for the fashion, lifestyle and homewares’

The Independent UK

March delivers ‘sharp shock’ to retailers amid consumer cost-of-living woes

Footfall across all UK retail destinations fell by 2.8% on the month before – a significant drop from the 9.4% increase seen in February, data shows.

The Independent UK

Manchester apartment block owner racked up £40m of debt before collapsing into administration

The wider DeTrafford group is not impacted by the administration process

Manchester Evening News

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Ballon d'Or 2023 power ranking: Lionel Messi odds-on favourite, ahead of Erling Haaland and Kylian Mbappe

It's the Ballon d'Or 2023 power ranking, with Lionel Messi edging ahead of Erling Haaland and Kylian Mbappe for football's greatest individual accolade

FourFourTwo

North East manufacturing set to shrink this year but outlook improves

The Manufacturing Outlook survey from Make UK and accountancy firm BDO shows a marked pick-up in early 2023

Birmingham Post

Recession fears ease in manufacturing, but growth remains elusive, Make UK and BDO say

Report says it's 'far too early to say the worst has passed'

Insider UK

Recession fears ease in manufacturing, but growth remains elusive – report

Firms have seen a rebound in the first quarter, according to BDO research.

The Independent UK

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North West business leaders share their predictions and wish lists ahead of Chancellor Jeremy Hunt's Budget

You can keep up to date with all the latest news from the Budget via our live blog which you can find on BusinessLive's home page

Birmingham Post

Latest jobs news from Barratt, BDO, Amazon, Shakespeare Martineau, Trentbarton, EMEC, MTMS, ValiRx and more

There have also been changes at Wilkin Chapman, Showcase Cinemas UK, OTB Legal, Hallam, Ibstock and Forterra

Birmingham Post

Revolut’s auditors ‘unable to verify’ three quarters of its revenues, report shows

BDO warned some information may be “materially misstated”

Evening Standard

Fintech firm Revolut moves closer to UK banking licence after first annual profit

Company criticised for late filing of accounts made profit of £26.3m in year to December 2021

The Guardian - UK

Revolut: can the chancellor’s fintech favourite fix its image problem?

The UK’s would-be ‘Amazon of banking’ run by Nikolay Storonsky has raised alarm over delayed accounts, EU regulatory fines, its co-founder’s Russian ties and issues with staff

The Guardian - UK

Brexit ‘productivity penalty’ is £1,000 per household, says BoE official; Europe to avoid recession – as it happened

Jonathan Haskel says UK’s current productivity penalty is about 1.3% of GDP, due to business investment flattening out after 2016 referendum

The Guardian - UK

Future of £94m Manchester landmark in doubt as companies collapse into administration

The scheme has permission for a 19-storey and 13-storey tower with 366 apartments in total

Manchester Evening News

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news in one place.

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Birmingham Post

DeTrafford companies behind part of £94m development fall into administration

No work has taken place on site since permission was granted.

The Guardian - UK

‘We owe our landlord £1m in rent – but they’ve left us with substandard homes’

Homeless charity’s fight over rent arrears adds to property funds’ woes, including rising interest rates and sceptical investors

Birmingham Post

Fourth DeTrafford company collapses into administration

St George’s Gardens, City Gardens and Wavelength are already in administration

Insider UK

Scottish businesses 'prioritise investment in digital efficiencies'

Research also reveals demands for more government support with recruitment and training

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The Guardian - UK

Self-assessment: tips for filing your UK tax return to avoid risk of a £100 fine

As HMRC’s deadline looms, here’s a guide to cutting your bill by taking advantage of the various reliefs

Birmingham Post

New Barratt chairwoman plus jobs news at 200 Degrees, Furnley House, PKF Smith Cooper, BDO, DSA and more

Latest movers and shakers from the East Midlands include Caroline Silver joining UK’s biggest housebuilder

The Guardian - UK

UK manufacturers fear blackouts and job losses after energy subsidy cut

Impact of reduced state support with company power bills could prompt job cuts, warns industry body

The Independent UK

December shopper footfall reaches highest level since start of pandemic

The figures capped off an otherwise ‘exceptionally difficult’ year for retailers and consumers.

The Guardian - UK

Gerwyn Price fights back to beat Luke Woodhouse as Steve Beaton crashes out

Gerwyn Price overcame a shaky start to beat Luke Woodhouse but the former BDO champion Steve Beaton lost to Danny van Trijp

Insider UK

Scottish businesses concerned with energy costs and business rates

Latest survey finds renewed calls for for government to increase access to labour with policy intervention

ABC News

Auditor for obscure Indian company at centre of WA energy crisis 'alarmed' at financial accounts

The auditor of an Indian-owned company at the centre of Western Australia's growing energy crisis says it's "unable" to verify the firm's accounts.

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