Members of the Association of Chartered Certified Accountants (ACCA) have been urged to make sure they are working in the public interest, as stated in a speech by their President at a members' recognition ceremony in Toronto.
In his keynote address, Anthony Harbinson asked his members to continue to promote responsible and ethical business practises with a wider aim of achieving sustainable global economic performance.
Although FTSE 100 companies have earmarked £1.66bn for tax litigation purposes this year, it is actually down 31% from last year according to Thomson Reuters.
In 2014, £2.39bn was set aside for tax disputes, but this year's move by some of the biggest firms in the UK economy is a strong signal that the tax authorities' corporate tax evasion and avoidance policies are working.
Young graduates in Britain have witnessed a year-on-year average wage increase of £1,000, a growth of 4.2 per cent.
The wage growth increase for British employees has brought the nominal median salaries of young graduates up to £25,000. As a comparison, the figure for non-graduates in the same age range was £18,000.
Conviviality Retail confirmed it is buying wholesaler Matthew Clark from Punch Taverns and Hertford Cellars for £200m.
The company's share price leapt after the announcement about the reverse takeover being struck via Conviviality's subsidiary Conviviality Brands, with Zeus Capital and Investec Bank acting on their behalf.
This question emerges from a recent ComRes survey which showed that four in ten students felt that their university course had not been worth the fee that they had paid, as reported by BBC Radio 5 Live.
This is in comparison to the last national student survey, which indicated 86% student satisfaction. So what are the factors that could affect these answers?
The 'Northern Powerhouse' could be the most substantial growth opportunity for England's Northern regions since Victorian times, according to a leading research institute.
The Institute for Public Policy Research (IPPR) is the UK's leading progressive think tank, and IPPR North is its dedicated arm dealing with the north of England, with bases in both Manchester and Newcastle.
According to new data from the Office for National Statistics (ONS), the number of workers in the UK who are on so called zero-hours contracts has gone up.
In the April to June period this year, 744,000 people were employed under the terms, which means that a 2.4% of the total number of people in work were affected. The number represents an increase of 0.4% on the same period from 2014.
Although the issue of tax evasion by non-domiciled persons was a feature of the last election in the UK, the amount of tax revenue collected from them actually rose by 7%, according to city-based law firm Pinsent Masons.
In the firm's report, 2013/14 saw non-doms contribute £6.6bn in tax, an increase from £6.18bn on the previous year.
Researchers at the Norwegian University of Science and Technology have announced the results of a study that suggests hay fever can negatively affect exam performance.
According to the new research, school pupils who suffer from the condition, which is a common allergy reaction that mainly occurs around exam time months, do worse in their exams and may be less likely to attend a top university.
The Bank of England’s (BoE) agenda still includes a likely rate rise in spite of China's economic meltdown, Governor Mark Carney has said.
A decisive Monetary Policy Committee meeting at the end of the year will still go ahead in the face of global stock markets being hit hard by the movements of the Shanghai share index, with Carney claiming “recent events” wouldn't force a change in strategy.
Eurostat has reported that the Eurozone inflation rate held steady at 0.2% in July.
The figure, which is well below the target of the European Central Bank (ECB), represented a big disappointment for backers of the monetary stimulus approach, which promised a swift answer to slow growth across the continent.