Link: IPO market on the up
The move follows a strategic review of the company by PwC, which has led Interflora to consider a change from a membership-owned organisation to a shareholder-based business with external investors.
Interflora is to embark on a series of roadshows around the country to give the 1,850-strong membership the chance to question the proposals.
Chief executive Steve Richards, brought in last September, believes the body needs to modernise to improve decision-making and attract outside investment.
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Baldwins Accountancy Group has continued investment in the north-east and appointed David Fish as a director in its corporate finance team
UK M&A activity bounced back strongly in July and August, according to analysis by the deals practice at PwC.
Smith & Williamson has added Jim Clark and Philip Marsden, of Marsden Clark Corporate Finance Limited, to its corporate finance team.