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The Latest Breaking News from BDO

Autumn Statement: What to expect from Jeremy Hunt on tax rises, NI and cuts

We take a look at the facts so far and ask finance experts on what is likely to be announced.

Birmingham Post

How a firm with no employees built a massive Manchester apartment building and then went under owing £50m

St Georges Gardens Ltd was the company behind an 11-storey development with 138 flats

Manchester Evening News

Firm behind DeTrafford's St George’s Gardens apartment scheme owed nearly £50m as it collapsed into administration

The wider DeTrafford Group is not impacted by the administration of St Georges Gardens Ltd

Birmingham Post

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Everton stance on club auditors explained after 'resignation' claim

Everton have had their accounts audited by BDO since the summer of 2020

Liverpool Echo

Everton auditor considers walking away, raising questions over club’s financing

BDO understood to have told club it won’t do work on its accounts, which sources say is related to Farhad Moshiri’s ownership

The Guardian - UK

New city centre office for BDO

BDO has committed £10m nationally for technology and more than £8m to repurpose offices in the coming years

Birmingham Post

Three-quarters of UK business struck by labour shortages – survey

More than two fifths of firms affected by labour shortages think the Government should loosen its immigration rules.

The Independent UK

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Businesses pessimistic about government support as output shrinks

Almost a third of small businesses in Scotland are considering closure due to cost-of-living pressures

Insider UK

Businesses pessimistic about Government support as output shrinks

For half of small businesses, fuel and energy costs remain their biggest concern despite the Government’s energy relief package.

The Independent UK

September records slowest retail sales growth since shops reopened post-Covid

Total in-store and online sales increased by just 2.8% in September on last year, according to BDO’s High Street Sales Tracker.

The Independent UK

BDO welcomes more than 20 new trainees in Scotland

Applications for the firm’s 2023 graduate and school leaver apprentice programmes will open next week

Insider UK

Recession fears as employers ending recruitment, says report

Labour market said to be at 'turning point'

Wales Online

Jobs market 'at turning point' as employers end recruitment

Lower paid workers are facing 'worst-ever' financial crisis, research warns

Insider UK

Apprenticeships still overlooked by young people says new report

Head of West Midlands training provider brands the findings 'disappointing but not surprising'

Birmingham Post

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Insider UK

Scottish companies face penalties over Plastic Packaging Tax registration

Almost a third (28%) of affected Scottish mid-sized businesses have yet to register for the newly-introduced tax

Birmingham Post

Fears that cost of living crisis hitting EFL attendances

Post-Covid financial challenges remain highest in Championship and Leagues One and Two

Daily Mirror

From pay rises to bonuses - businesses 'going extra mile' to help during cost of living

A survey of 500 medium-sized businesses found many are offering financial support packages to support staff during the cost-of-living-crisis and to retain employees

The Guardian - UK

UK businesses slash investments due to soaring prices and Brexit

As many firms are now planning to cut investment as to increase it, latest polls find

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news in one place.

100’s of premium titles.
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Insider UK

Scottish circular economy deal-making expected to spike

The number of related investments increased by 64% from 72 in 2020 to 119 in 2021

Birmingham Post

Survey highlights vital importance of North East manufacturing as sector recovers from Covid

The Make UK and BDO annual survey shows the North East has also increased its dependence on the EU market

The Independent UK

Cost-of-living crisis weighing on retail sales

An 8.8% drop in homeware sales suggests that consumers are postponing large purchases, according to the BDO High Street Sales Tracker.

Insider UK

BDO invests in Edinburgh office refurbishment

The 6,600 sq ft space at Haymarket has been designed to better accomodate hybrid working

Birmingham Post

Manufacturers call for help to get through coming economic 'storm'

A survey of manufacturing companies has revealed a worsening picture for many firms

The Independent UK

Manufacturers call for added support amid bleak economic climate – survey

Trade body Make UK and accounting and business advisory firm BDO surveyed UK manufacturers

Insider UK

Less than one in five Scottish businesses decline client work over ESG credentials

While many turn own work based on these factors, Scottish leaders do so at lower levels than the rest of the country

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