Highway to the Brexit ‘Danger Zone’ & more news…Keep up to date with the latest accountancy and business news in our weekly round-up…
Top 30 firm Haysmacintyre is to convert from a partnership to a limited liability partnership (LLP), effective from 1 April 2019. This is in line with a majority of firms in the top ranking. The firm, which is ranked at 26 in the Accountancy UK firms’ league table for 2018, will continue to trade as Haysmacintyre. It reported a fee income of £28.8m last year, and has 36 partners. Ian Cliffe, managing partner, Haysmacintyre, said: ‘As part of a wider strategic review of the firm, we are planning to convert to an LLP structure. This resonates with the expectations of our clients and is reflective of the approach taken by our peer firms.
Find out how Philip Hammond’s Spring Statement will impact the accountancy profession.
Deloitte moves into Canadian cannabis industry
Deloitte has announced a partnership with data analysis companies Nielsen and Headset to develop insights into the legal cannabis market in Canada.
High-end fashion chain LK Bennett has lined up an administrator for the business as it desperately seeks funding to stay afloat, with EY preparing to oversee the insolvency if no new investment can be found.
Accountancy firms push for mandatory ethnicity pay gap reporting
EY, KMPG and Deloitte are among 15 of the biggest UK companies calling for mandatory ethnicity pay gap reporting among business with more than 250 staff.