The second quarter saw profit wearnings leap by 52% on the same period last
year, according to research from Ernst & Young.
The Big Four firm counted 97 warnings from April to June this year, an
increase of 33 on the same period in 2004.
‘Business confidence is clearly faltering, and although the economy is weaker
than a year ago, this high level if warnings is a concern,’ said Keith McGregor,
corporate restructuring partner at E&Y.
The highest warning sectors were media and entertainment, and support
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