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Stage set for ‘phoney’ Budget and General Election

Prime minister Gordon Brown has confirmed that the Budget will be held in two weeks' time, on 24 March, six weeks ahead of the expected election date of 6 May

Former ICAS audit committee chairman to join board at RBS

Brendan Nelson CA, global chairman of KPMG’s financial services practice and vice-chairman of its UK board and a former chairman of the ICAS audit committee, has been appointed non-executive director at RBS

NAPF outlines steps to save workplace pensions

In his inaugural address to the National Association of Pension Funds’ Investment Conference as Investment Council Chairman, Ray Martin has set out the six steps politicians must take to fix the UK’s pension system

High earners in City to face worst taxes, says KPMG

Senior executives working in the City will start paying more in personal tax and social security than their counterparts elsewhere when the Government’s 50 per cent income tax comes into play next month, according to research by KPMG

MPs express concern for staff morale at HMRC

Low morale and poor leadership is affecting performance at HM Revenue and Customs, a report by MPs has said

Card fraud falls as online banking becomes focus

Fraudsters are continuing their switch from traditional card fraud to raiding online bank accounts, according to new research

PwC says additional tax rises or spending cuts of around £20bn needed by 2013/14

Additional tax rises or spending cuts of around £20bn, over and above current plans, will be needed by 2013/14 to close the fiscal gap, according to PwC’s latest UK Economic Outlook report

KPMG warns that businesses risk carbon fines

Companies risk financial penalties if they fail to comply with new Carbon Reduction Commitment (CRC) legislation which comes into force on 1 April, KPMG has warned

HMRC sends out last warning over amnesty deadline

HMRC has sent out last chance reminder letters to those intending to pay their dues by taking advantage of the New Disclosure Opportunity

Recession could reverse progress in gender equality, says PwC

The economic downturn could reverse equality progress, with job insecurity breeding self-protection, presenteeism, and a tougher fight to the top for all, according to a survey by PricewaterhouseCoopers examining views on women in business

Japan in support of ‘fair value’ accounting

Japan will adopt the controversial IFRS 9 “fair value” international accounting standard for some of its companies, in a move which boosts the International Accounting Standards Board’s push for convergence to a single, global accounting system by the middle of next year

CBI calls for public finances to be balanced sooner

Business leaders are urging the Government to deliver a "convincing" plan for balancing public finances by 2016, two years earlier than planned. The CBI says the target could be achieved by public sector reform and lower overall spending

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