Accounting software company Transaction Technology eagerly announced last week it had received a #20m investment from Lloyds TSB. Part of the deal included the management team buying a stake in the company and plans to float within five years. But as this deal was announced to the world by the TT management team, there was one notable absentee. Finance director Ray Douglas had taken a week off to rest at home as he was feeling ‘exhausted’ following the tough three-month discussions with the bank. However Douglas’ recovery was probably aided by the thought of the cash windfall due to come his way – in fact it probably took him the week to add up all the noughts.
Andrew Tyrie airs views on the Finance Bill, 'Making Tax Policy Better' report, and Brexit
In our latest managing partner Q&A looking towards 2017, CVR Global's Richard Toone talks about recruitment, and the potential threat of competition from the legal sector, as key issues for the firm in the coming year
Deloitte to avoid tendering for government contracts over the next six months, to appease Theresa May following consultant's report that painted a less-than-flattering picture of Brexit plans
In our first Q&A looking towards 2017, Menzies senior partner Julie Adams flags up increasing digitisation, aligned with more hands-on consultative services, as the key mix for her practice