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The Latest Breaking News from BDO

UK ministers ask to meet Revolut amid reports it may be refused licence

Britain’s most valuable fintech firm has criticised regulatory hurdles that it says could drive it abroad

The Guardian - UK

Revolut CFO quits for ‘personal reasons’ weeks after auditor BDO warning on accounts

The CFO of Revolut has quit the firm just weeks after its auditor said it was unable to independently verify three-quarters of the revenue in the company’s 2021 accounts.

Evening Standard

Companies behind stalled £94m apartments development owed over £40m when they collapsed

The wider DeTrafford group is not impacted by the administrations of the two companies

Manchester Evening News

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DeTrafford companies connected to £94m Gallery Gardens owed more than £40m when they collapsed

The wider DeTrafford group is not impacted by the administrations of the two companies

Birmingham Post

T.N. CM Stalin makes surprise visit to Olakkur block development office in Villupuram district

CM M.K. Stalin, who is on a visit to Villupuram district, walked into the BDO’s office in Olakkur near Tindivanam on Wednesday afternoon; he asked officials about the implementation of MNREGA, about drinking water supply to panchayats and about the status of rural roads

The Hindu

‘Sharp shock’ for Britain’s high streets in March as shoppers only make essential trips

Inflation is ‘bad news for the fashion, lifestyle and homewares’

The Independent UK

March delivers ‘sharp shock’ to retailers amid consumer cost-of-living woes

Footfall across all UK retail destinations fell by 2.8% on the month before – a significant drop from the 9.4% increase seen in February, data shows.

The Independent UK

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Manchester apartment block owner racked up £40m of debt before collapsing into administration

The wider DeTrafford group is not impacted by the administration process

Manchester Evening News

Ballon d'Or 2023 power ranking: Lionel Messi odds-on favourite, ahead of Erling Haaland and Kylian Mbappe

It's the Ballon d'Or 2023 power ranking, with Lionel Messi edging ahead of Erling Haaland and Kylian Mbappe for football's greatest individual accolade

FourFourTwo

North East manufacturing set to shrink this year but outlook improves

The Manufacturing Outlook survey from Make UK and accountancy firm BDO shows a marked pick-up in early 2023

Birmingham Post

Recession fears ease in manufacturing, but growth remains elusive, Make UK and BDO say

Report says it's 'far too early to say the worst has passed'

Insider UK

Recession fears ease in manufacturing, but growth remains elusive – report

Firms have seen a rebound in the first quarter, according to BDO research.

The Independent UK

North West business leaders share their predictions and wish lists ahead of Chancellor Jeremy Hunt's Budget

You can keep up to date with all the latest news from the Budget via our live blog which you can find on BusinessLive's home page

Birmingham Post

Latest jobs news from Barratt, BDO, Amazon, Shakespeare Martineau, Trentbarton, EMEC, MTMS, ValiRx and more

There have also been changes at Wilkin Chapman, Showcase Cinemas UK, OTB Legal, Hallam, Ibstock and Forterra

Birmingham Post

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Evening Standard

Revolut’s auditors ‘unable to verify’ three quarters of its revenues, report shows

BDO warned some information may be “materially misstated”

The Guardian - UK

Fintech firm Revolut moves closer to UK banking licence after first annual profit

Company criticised for late filing of accounts made profit of £26.3m in year to December 2021

The Guardian - UK

Revolut: can the chancellor’s fintech favourite fix its image problem?

The UK’s would-be ‘Amazon of banking’ run by Nikolay Storonsky has raised alarm over delayed accounts, EU regulatory fines, its co-founder’s Russian ties and issues with staff

The Guardian - UK

Brexit ‘productivity penalty’ is £1,000 per household, says BoE official; Europe to avoid recession – as it happened

Jonathan Haskel says UK’s current productivity penalty is about 1.3% of GDP, due to business investment flattening out after 2016 referendum

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news in one place.

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Manchester Evening News

Future of £94m Manchester landmark in doubt as companies collapse into administration

The scheme has permission for a 19-storey and 13-storey tower with 366 apartments in total

Birmingham Post

DeTrafford companies behind part of £94m development fall into administration

No work has taken place on site since permission was granted.

The Guardian - UK

‘We owe our landlord £1m in rent – but they’ve left us with substandard homes’

Homeless charity’s fight over rent arrears adds to property funds’ woes, including rising interest rates and sceptical investors

Birmingham Post

Fourth DeTrafford company collapses into administration

St George’s Gardens, City Gardens and Wavelength are already in administration

Insider UK

Scottish businesses 'prioritise investment in digital efficiencies'

Research also reveals demands for more government support with recruitment and training

The Guardian - UK

Self-assessment: tips for filing your UK tax return to avoid risk of a £100 fine

As HMRC’s deadline looms, here’s a guide to cutting your bill by taking advantage of the various reliefs

Birmingham Post

New Barratt chairwoman plus jobs news at 200 Degrees, Furnley House, PKF Smith Cooper, BDO, DSA and more

Latest movers and shakers from the East Midlands include Caroline Silver joining UK’s biggest housebuilder

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