Smith & Williamson sell TCT international
Business Recovery

Smith & Williamson sell TCT international

22y Idris Nagri

Smith & Williamson sell TCT international

Smith & Williamson partners Ian Allan and Mike Stevenson have sold 3D imaging software developer TCT International to 3Q Technologies as a going conce...

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Funds call for audit disclosure
Company News

Funds call for audit disclosure

22y Idris Nagri

Funds call for audit disclosure

A leading investment fund manager has called for greater disclosure of the links between company directors and auditors in the wake of the Enron disas...

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AIB hit by $750m fraud
Company News

AIB hit by $750m fraud

22y Idris Nagri

AIB hit by $750m fraud

Allied Irish Bank has called in the FBI after it was hit by a multi-million dollar fraud in one of its US subsidiaries. Read More...

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Brown orders accounting review
Company News

Brown orders accounting review

22y Idris Nagri

Brown orders accounting review

Gordon Brown has ordered an urgent review of the UK accounting profession amid fears that an Enron-style disaster could hit the UK. Read More...

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M&A market continues to develop
Corporate Finance

M&A market continues to develop

22y Idris Nagri

M&A market continues to develop

Despite economic prospects looking less than rosy, corporate finance experts at mid-tier firm Grant Thornton said the market for mergers and acquisiti...

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Poor governance could lead to takeovers
Corporate Finance

Poor governance could lead to takeovers

22y Idris Nagri

Poor governance could lead to takeovers

Corporate governance shortcomings could leave companies vulnerable to a takeover bid, according to research from KPMG. Read More...

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Enron CEO vanishes
Company News

Enron CEO vanishes

22y Idris Nagri

Enron CEO vanishes

Kenneth Lay, former chief executive of collapsed energy giant Enron, has disappeared just as US officials were about to serve a writ forcing him to su...

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EMI names new finance crew amid profits warning
Company News

EMI names new finance crew amid profits warning

22y Idris Nagri

EMI names new finance crew amid profits warning

Music publishing giant EMI Group has today announced the appointment of new chief financial officers for the group and its subsidiary business, EMI Re...

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Dixons finance chief takes over at BT
Company News

Dixons finance chief takes over at BT

22y Idris Nagri

Dixons finance chief takes over at BT

BT has today announced the appointment of Ian Livingston as group finance director from high street electronics giant Dixons. Read More...

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Global Crossing investors sue over rescue plan
Business Recovery

Global Crossing investors sue over rescue plan

22y Idris Nagri

Global Crossing investors sue over rescue plan

Ailing telecoms firm Global Crossing, which filed for Chapter 11 bankruptcy protection last week, is facing a lawsuit that could derail its rescue. Re...

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Time runs out for long hours
Company News

Time runs out for long hours

22y Idris Nagri

Time runs out for long hours

The government is set to launch an offensive on long working hours in the UK workplace. Read More...

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Barbados cleared of harmful tax stigma
Company News

Barbados cleared of harmful tax stigma

22y Idris Nagri

Barbados cleared of harmful tax stigma

Barbados has reached agreement with the Organisation for Economic Cooperation and Development as part of the body's drive to eleminate 'harmful' tax p...

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FATF winning war on terror financing
Company News

FATF winning war on terror financing

22y Idris Nagri

FATF winning war on terror financing

The OECD-aligned Financial Action Task Force says countries throughout the world are united in ensuring terrorists do not gain access to the internati...

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Financial services unprepared for disasters
Company News

Financial services unprepared for disasters

22y Idris Nagri

Financial services unprepared for disasters

The global financial system, and in particular its American players, coped well with the attack on the World Trade Centre on 11 September, but some co...

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Insolvencies back on the increase
Business Recovery

Insolvencies back on the increase

22y Idris Nagri

Insolvencies back on the increase

After a third-quarter lull, insolvency figures have risen nearly 3% in a year, Department of Trade and Industry figures have today revealed. Read More...

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Usit Campus staff pack their bags
Business Recovery

Usit Campus staff pack their bags

22y Idris Nagri

Usit Campus staff pack their bags

Receivers at Begbies Traynor have made over 300 employees redundant at youth travel specialist Usit Campus, after the travel company went into adminis...

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GT sells Tiny in timely deal
Business Recovery

GT sells Tiny in timely deal

22y Idris Nagri

GT sells Tiny in timely deal

Grant Thornton, administrator of Tiny Computers, has sold the collapsed computer chain to the Time Group in a bid to make it the UK's largest high str...

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Fallout from Enron saga hits stocks
Company News

Fallout from Enron saga hits stocks

22y Idris Nagri

Fallout from Enron saga hits stocks

As the revelations surrounding Enron continue to rock the accountancy world, the Accountancy Age/ADVFN index edged down this week with the majority of...

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Bioglan rescue bid in final stage
Business Recovery

Bioglan rescue bid in final stage

22y Idris Nagri

Bioglan rescue bid in final stage

Beleaguered biotechnology company Bioglan Pharma is in the last stage of rescue talks with US research group Quintiles Transnational Corp. Read More...

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Spinning of corporate finance arms
Corporate Finance

Spinning of corporate finance arms

22y Idris Nagri

Spinning of corporate finance arms

If you'd have asked most pundits in the middle of September to predict likely casualties over the next three months they would probably have predicted...

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KPMG tops corporate finance league table
Corporate Finance

KPMG tops corporate finance league table

22y Idris Nagri

KPMG tops corporate finance league table

KPMG has topped the Zephus league of corporate finance advisers for 2001, raking up 144 deals with a total value of £6.4bn. Read More...

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Waiting for the upturn
Corporate Finance

Waiting for the upturn

22y Idris Nagri

Waiting for the upturn

Dealmakers are optimistic the slowdown in corporate finance work has bottomed-out, but do not expect the number of deals to pick up until the second h...

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Bookham prize for new CFO
Company News

Bookham prize for new CFO

22y Idris Nagri

Bookham prize for new CFO

Few companies survive for long without a head of finance but that's exactly what Bookham Technologies has managed to do in spite of the meltdown in it...

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IFAs target firms' financial service arms
Corporate Finance

IFAs target firms' financial service arms

22y Idris Nagri

IFAs target firms' financial service arms

The financial services arms of accountancy firms have become targets for takeover by large independent financial advisers. Read More...

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Kroll under pressure from FM collapse
Business Recovery

Kroll under pressure from FM collapse

22y Idris Nagri

Kroll under pressure from FM collapse

Kroll Buchler Phillips has been forced to seek High Court approval to extend a deadline for creditors' meetings after struggling to deal with the mass...

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Sempra buys Enron Metals business
Company News

Sempra buys Enron Metals business

22y Idris Nagri

Sempra buys Enron Metals business

PricewaterhouseCoopers, administrators to Enron Europe, today announced the sale of Enron Metals to San Diego-based Sempra Energy for an undisclosed s...

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New CFO at Enron in executive reshuffle
Business Recovery

New CFO at Enron in executive reshuffle

22y Idris Nagri

New CFO at Enron in executive reshuffle

As part of its Chapter 11 restructuring, collapsed energy giant Enron has appointed Ray Bowen, its former treasurer, as chief financial officer and ex...

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