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Climate change
US pushed behind scenes for approval of corporate carbon offset plan
...Kerry said at a US state department event on Friday that he was “encouraged to hear” that SBTi leaders had signalled “openness” to companies using carbon credits to address some of their indirect emissions...
April 21, 2024
Charity
England’s charities watchdog hits out at high street lenders over debanking
...Nick Allaway, a former accountant and trustee of the charity, said he had to call on industry contacts to get the account reopened in January....
March 7, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Unions
VW workers in Tennessee vote to join union in win for US labour movement
...The Republican governors of Alabama, Georgia, Tennessee and Texas released a joint statement opposing the UAW on Tuesday, calling the union “special interests looking to come into our state and threaten...
April 20, 2024
Accountancy
Trump Media auditor has faced repeated criticism from regulators
..., five times more than any other US accountant....
April 6, 2024
News in-depthAutomobiles
How VW and Toyota became the targets of an emboldened US union
...“The Alabama model for economic success is under attack,” wrote Alabama governor Kay Ivey on the state commerce department’s blog in January, calling car manufacturing one of Alabama’s “crown jewel industries...
April 4, 2024
Your QuestionsLucy Warwick-Ching
Can I claim against my accountant for fees to HMRC?
...The standard to be applied, when considering this, is whether the accountant, when acting for you, fell below the standards of a reasonably competent accountant....
April 3, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Climate legislation
Republican states step up legal threats to Biden’s climate agenda
..., West Virginia’s attorney-general, said after his state and others including Alabama and Georgia filed their case last month....
April 12, 2024
Inside BusinessStephen Foley
Dire shortage of accountants prompts calls for shake-up
...It could be a question in the “economic influences on business” section of the US exam to qualify as a certified public accountant: if it were cheaper and easier to become a CPA, would there be more of them...
January 4, 2024
FTX Trading Ltd
Law firm conflicts ‘permeated FTX’s bankruptcy’, professors allege
...The office of the US Trustee, a part of the Department of Justice that represents the public interest in bankruptcy cases, initially objected to S&C’s retention, arguing that the law firm had failed to properly...
March 26, 2024
UK local government finance
Council tax bills across England rise by maximum allowed
...The Chartered Institute of Public Finance and Accountancy (CIPFA), which represents accountants working in the public sector, estimates that households in the North East will pay £420 more in council tax...
March 21, 2024
Serious Fraud Office UK
Ex-MoD employee sentenced to 30 months in prison in Saudi corruption case
...Cook was convicted on one count of misconduct in public office between September 2004 and November 2008, but the jury acquitted him and co-defendant John Mason, an 81-year-old accountant, of more serious...
April 12, 2024
US Election Countdown
Opening salvos in Donald Trump’s Manhattan criminal trial
...porn star Stormy Daniels, who was threatening to go public with claims of an affair, to the tune of $130,000....
April 23, 2024
CVC Capital Partners Ltd
CVC co-founder Donald Mackenzie set to net up to €150mn in IPO
...A trained accountant, he began his career at 3i, one of the UK’s oldest buyout firms, before leaving to join Citibank in 1988....
April 22, 2024
UK housebuilding
State housing schemes in England have ‘materially underdelivered’ since 2020
...The House of Commons public accounts committee said there was no “compelling” evidence of delivery, adding that the funds were yet to be properly evaluated....
April 8, 2024
Letter
Letter: Why debt limits don’t work
...Professor Photis Lysandrou Department of International PoliticsCity, University of London, London EC1, UK...
April 19, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
UK defence spending
Sunak pledge to boost defence spending raises prospect of cuts elsewhere
...Rishi Sunak has claimed he can protect public services and reduce taxes while boosting defence spending by £75bn over the next six years, raising the prospect of deep cuts to unprotected government departments...
April 24, 2024
Due Diligence
Who is auditing Trump Media’s auditors? Premium content
...It turns out that TMTG is just one of 170 US public companies that BF Borgers has taken on in its short history, a huge feat for a firm that employs only 10 certified public accountants....
April 9, 2024
Post Office scandal
Former Post Office executive denies misleading High Court
...Van Den Bogerd was involved in overseeing a “spot-review” of Post Office branches conducted by forensic accountants Second Sight between 2012 and 2013 following complaints by MPs and the campaign group Justice...
April 25, 2024
Mortgages
High mortgage rates lead to rise in lending scams
...“There’s quite a lot of data showing that advance fee fraud is going up,” said Jason Zirkle, training director at the Association of Certified Fraud Examiners....
April 10, 2024
McKinsey
McKinsey faces US criminal investigation over opioid industry work
...McKinsey has paid almost $1bn in settlements since 2021 with plaintiffs, including US states and local governments, seeking compensation for the costs of dealing with an epidemic of addiction....
April 24, 2024
Israel-Hamas war
Israel plans $60bn debt raising and tax rises to fuel defence spending
...State revenue for 2023 came in at 12bn shekels below forecast, while the government increased spending by about 26bn shekels because of the war....
February 26, 2024
Cryptocurrencies
What is a FRAX? And other pressing questions
...Paxos Trust Co.’s issuance of U.S. dollar-backed stablecoins has been under the supervision of the New York State Department of Financial Services (NYDFS) since 2018....
December 13, 2023
UK general election
Conservatives to retain UK pension triple lock in manifesto
...by the Department for Work and Pensions....
March 24, 2024
Edward Luce
Democracy dies in Trumpian boredom
...Katie Britt, an Alabama senator, hogged the airwaves for two days last week after giving the Republican response to Biden’s State of the Union address....
March 13, 2024
UK Government
Number 10 accused of blocking ex-parole board chair becoming parliamentary ombudsman
...The ombudsman is a senior figure responsible for independently investigating complaints against UK government departments, other public organisations and the NHS in England....
March 27, 2024

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