3 – 7 March

On Monday Animal rights campaign group SHAC abandoned its campaign against Big Four firm Deloitte & Touche after the firm said it would no longer be providing audit services for Huntingdon Life Sciences.

It was also revealed that a judgement on the potentially crucial IR35 dispute between a former policeman and the Inland Revenue would only be delivered in a fortnight.

Tuesday, amid all the reports of massive pension deficits under the controversial accounting standard FRS 17, chemicals company British Vita reported what may be the first surplus.

Meanwhile, Leicester City FC, the club rescued from administration by a Gary Lineker-led consortium, appointed a Baker Tilly partner as its new chief executive.

Wednesday saw Gordon Brown finally end speculation and recrimination when he announced that he will deliver his 2003 Budget on Wednesday 9 April at 12.30.

It was also reported that the Inland Revenue is planning to introduce a system that will allow people to file their tax returns via the telephone.

On Thursday Huntingdon Life Sciences, the controversial animal testing laboratory, signaled it may turn to the government to provide an audit after Deloitte & Touche dropped the controversial drug-testing company as a client.

In its Big Question survey, Accountancy Age revealed that a quarter of companies could be forced to restrict their recruitment policies due to the upcoming increase in National Insurance contributions.

Friday saw the week end with two stories both located in the realm of spying.

Firstly, the man who played the quintessential British spy James Bond, Sir Sean Connery, revealed how much money he paid in taxes over the last six years, to dispel any doubts about his Scottish patriotism.

And then it was learned that a tax rebate request from Russian spy, Donald Maclean, sent Edward Heath’s government into panic in 1972, with ministers wanting the file to be ‘mislaid’ to avoid payment.

How about that, Mish Moneypenny?

Related reading