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The Latest Breaking News from BDO

Tributes to rugby-loving accountant who fought for Scottish profession’s independence

‘Bannockburn 1314, Murrayfield 13-7’ Rugby-loving accountant's cheeky celebration

The National (Scotland)

UK firms’ hiring intentions remain at record low amid rising employment costs

Economic uncertainty also a factor as bosses ‘stuck in limbo’ and drop in recruitment hits young people hardest

The Guardian - UK

More than half of calls to Queensland domestic violence helpline unanswered for full month last year, report finds

Audit of DVConnect commissioned by LNP government reveals ‘damning’ findings, minister for prevention of domestic and family violence says

The Guardian - AU

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High streets suffer disappointing June amid ‘incredibly cautious’ spending

Sales rose by just 0.6% year on year, according to the latest High Street Sales Tracker from accountancy and business advisory firm BDO.

Evening Standard

UK shoppers shunned high streets for online shopping amid heatwave

It is the sixth consecutive month that in-store sales growth has been below the rate of inflation

The Independent UK

Unite union had ‘pervasive fraud environment’, auditors say

Auditors said ‘dominant personalities and a weak control environment facilitated opportunities to commit fraud’ at the union.

Evening Standard

Staff layoffs in UK gain pace amid Trump tariff turmoil and labour cost increases

Surveys show employer confidence at record low, prompting job cuts and hiring freeze

The Guardian - UK

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Inverness shareholders urged to back CVA proposal in bid to exit administration

Inverness shareholders have been urged to back a Company Voluntary Arrangement (CVA) proposal aimed at allowing the club to exit administration and…

The National (Scotland)

UK growth forecast to slow sharply as Trump tariffs push confidence to record low

EY Item Club predicts GDP of only 0.8% this year as Ipsos poll shows three-quarters of Britons expect economy to get worse

The Guardian - UK

Almost half of Scottish firms 'freezing wages amid Labour tax changes', poll finds

ALMOST half of Scotland’s mid-market businesses have frozen salaries or stopped pay rises due to Labour’s changes to tax and wages, a poll has…

The National (Scotland)

Future of Inverness Caley Thistle at 'significant risk'

Future of Inverness Caledonian Thistle at 'significant risk'.

The National (Scotland)

Labour's National Insurance rise set to prompt mass lay-offs, survey finds

HUNDREDS of thousands of businesses are planning to lay off workers due to the hike to employers' National Insurance contributions (NICs), surveys…

The National (Scotland)

Firms hold back on hiring amid ‘significant cost rises’, surveys say

KPMG/REC report shows decline in people being placed in roles continues, while unemployment is rising, says BDO

The Guardian - UK

Weak UK consumer spending is denting business mood, says CBI

Employers lobby group says business activity is falling with most firms expecting worse to come

The Guardian - UK

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Kiplinger

SMCI Stock Soars as Delisting Fears Ease

SMCI stock is higher Wednesday after the tech company reported its delayed financial results. Here's what you need to know.

Evening Standard

Business hiring at its weakest since the pandemic following Budget tax raid on employers

Researchers warns there is unlikely to be any “significant improvement” in the near future

Barchart

Dear Super Micro Computer Stock Fans, Mark Your Calendars for February 25

The company must file its 10-K and 10-Q forms by Feb. 25 to maintain compliance with Nasdaq’s listing requirements.

The Guardian - UK

Tax rises will push business leaders to cut costs and hiring, surveys show

Deloitte and BDO data underlines sharpest fall in employment expectations since Covid pandemic

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The Guardian - UK

Which football teams have won the league without a shirt sponsor?

Plus: non-football athletes wearing football crests on their kit; and teams who were sponsored by news organisations

The Guardian - UK

UK retailers may have to cut thousands of jobs after bleak Christmas

British Retail Consortium figures show sales growth close to flatlining, as card spending fails to rise

The Independent UK

Business confidence tumbles to two-year low following Reeves’s raid on employers

Bosses expect orders to fall, costs to rise and consumer confidence to be hit

The Guardian - UK

UK job vacancies fall at fastest rate since pandemic as business confidence slumps

Blow to Labour growth hopes as poll finds demand for staff falling at ‘sharp and accelerated pace’, particularly in permanent roles

Evening Standard

Business confidence slides to almost two-year low after Budget

Firms said they expect to come under pressure from rising costs, reduced customer confidence and falling orders.

Benzinga

Super Micro Shares Jump 7% In Premarket As Special Committee Clears It Of 'Misconduct' Allegations, But Top Investment Bank Flags 2 Key Aspects To Watch

Super Micro Computer announced the completion of an independent review on Monday. The review, conducted by an Independent Special Committee, found no "evidence of misconduct" by the company's management or board.

Fortune

Super Micro just hired a new auditor that might save it from getting the boot from Nasdaq

The Nvidia-adjacent server maker hired BDO USA after its former auditor quit because it couldn’t trust the management team or the board of directors.

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