The number of skilled workers from overseas applying to enter the UK’s private sector has fallen by 9% since the Brexit vote, raising fears over an increasingly severe talent shortage after the UK leaves the EU. Figures from UK Visas and Immigration show that over 4,000…
BDO LLP
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A decline in output across the services and manufacturing sectors has caused BDO’s Output Index to drop to its lowest level in 17 months, falling by 0.65 points to 96.04 in November. BDO’s Output Index, which is made up of BDO’s Manufacturing Output and Services Output…
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Britain’s manufacturers have ended the year “at a standstill” as the toll of ongoing political uncertainty coupled with the downturn in major global markets shows little sign of ending anytime soon. That’s according to a major survey conducted by business advisory firm BDO LLP and…
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According to accountancy and business advisory firm BDO LLP, Her Majesty’s Revenue and Customs (HMRC) has estimated that businesses have incorrectly claimed £612 million in relation to R&D tax reliefs*. The high level of tax under dispute – described by HMRC as ‘tax under consideration’…
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The cost of fraud to the charities sector hit a ten-year high last year, according to analysis undertaken by accountancy and business advisory firm BDO. Reported fraud within charities soared by £11 m to £20 million in 2018 – an increase of more than 120%…
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More than three-quarters of global business leaders believe their organisation is being influenced by ‘hype cycles’. That’s according to the latest Global Risk Landscape Report published by accountancy and advisory firm BDO LLP. The survey of 500 global C-Suite executives and senior risk experts, which…
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Potential for “brain drain from UK economy” if concerted effort not made to attract skilled talent post-Brexit
by Brian SimsNo less than 41,510 Board-level directors of UK businesses are citizens of EU27 countries – over 6% of the total of more than 628,000 directors identifiable by nationality. BDO LLP suggests that the figures unearthed by its study “raise questions” over the potential threat of…
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BDO LLP states that the total number of whistle-blower reports to the Financial Conduct Authority (FCA) has risen by 24% in the last year to attain an overall figure of 1,755 for the year ending 31 December 2018. That’s up from 1,420 in 2017. There…
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BDO FraudTrack Report: “Value of fraud more than halves in 2018 from record 15-year high”
by Brian SimsIn-depth research conducted as part of BDO LLP’s annual FraudTrack Report has found that the total value of fraud in the UK more than halved in 2018 following a record 15-year high in 2017. That value has decreased from £2.1 billion to £746.3 million. The…
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BDO LLP has now completed its merger with Moore Stephens LLP, in turn creating the largest UK accountancy and business advisory firm focused on mid-sized, entrepreneurially-spirited businesses. The merged firm will operate under the BDO brand and as part of BDO’s international network, which encompasses…