In its latest quarterly global IPO report,
& Young revealed that listings on AIM and the London Stock Exchange have
declined sharply. Money raised in the third quarter of 2007 only reached $4.5bn
(£2.2bn), 75% down on the $18.5bn raised in the second quarter.
In Brazil, Russia, India and China, however, $27bn was raised on the capital
markets, the highest amount ever in the emerging markets.
‘Advisory fee income has not suffered because of work in emerging markets. We
have a presence in these markets and are benefiting from that,’ an E&Y
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements