The government has agreed to discuss proposals to allow Venture Capital Trusts to merge without becoming disqualified. Economic secretary Melanie Johnson – who made it clear she would not prejudice the outcome – made the offer in response to an amendment from shadow Treasury minister Howard Flight. He said VCTs have been going for more than five years and there were commercial pressures for consolidations. He wanted to allow the assets of the target VCT to be deemed to have been made by the acquiring VCT – otherwise the merger would disqualify the acquirer.
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.