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.
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.
Kevin Reed discusses whether new accountancy group Cogital can rival the Big Four...and its likely direction of travel