Sovereign Capital plans professional services mega-merger Business Sovereign Capital is set to merge seven of its regional professional services firm into one, according to reports. The private equity firm is planning to combine the regional accountants under the name Affinia, The Sunday Times revealed. Affinia is expected to make around £35m a year in sales cumulatively, and is aiming to double its [...]
Evelyn Partners: Wealth manager warns clients fretting over Budget tax changes Investing Wealth management and accountancy business Evelyn Partners has warned that its clients have been fretting over the raft of speculation coming out about next week’s Budget. Rumours about the contents of the Budget have been flying out of Westminster, with concerns that the Chancellor Rachel Reeves may move to hike a variety of taxes and [...]
Accounting firm RSM US in talks for merger with UK arm Business RSM US is reported to be in talks to acquire its UK arm, if green light, would be the first major transatlantic combination in the accountancy sector
Accountancy sector experiences skills shortage as the industry faces turbulent times May 22, 2024 The accountancy sector is facing a skills crisis as firms reveal talent has plummeted, with leaders blaming competition from other industries
Accountancy watchdog launches probe into UK network firm of Baker Tilly International May 16, 2024 The accountancy watchdog has launched a probe into MacIntyre Hudson over an audit of a unnamed company financial statement