SAP specialists Diagonal reported a 72 per cent increase in profit to #3.9m. Turnover was up 58 per cent to #44.8m. The group floated on the stock market in March of last year. Chairman Mark Samuels said the results had been driven by strong growth in the SAP Consulting Division which nearly doubled turnover. He announced the company would be opening new offices in Leeds to service the North of England.
Barclays has partnered with accounting software company Xero to provide businesses with access to transaction data through its direct feed.
Government's estimate of a £400m admin saving from Making Tax Digital is way off - and is instead a huge cost burden, warns Lamont Pridmore chief executive Graham Lamont
Xero unveiled its expanded global partner programme at Xerocon South, the accounting technology conference in Australasia
Accountancy software firm Sage has been hit by a data breach which may have compromised the personal details and bank account details of as many as 300 UK businesses