Touchstone, the financial management and business intelligence software
providers, saw its revenue drop from £31.4m to £28.5m with an operating loss
before taxation of £349,000.
The company spent £538,000 on reorganising costs in the last tax year and
made an adjusted profit of just £1m compared with £2.5m in 2008 the Spectator
Keith Birch, CEO, said: ‘The Board has been encouraged by a number of new
contracts wins in recent months and has also been selected as preferred supplier
on several significant projects. However, whilst certain divisions are
experiencing encouraging levels of demand, general market conditions are still
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