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Red tape to be cut on private equity?

Seamus Gates, Director, Broomfield & Alexander

Seamus Gates, Director, Broomfield & Alexander

Dubbed the ‘big bang for lawyers’ the investment of money into the legal sector by private equity and other external investors was supposed to herald a new era for law firms.  But since the deregulation of the UK legal services market (in 2012), labeled the ‘Tesco Law’, there has been limited activity.

Despite countless meetings...

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Main changes under the New Charities SORP

Sarah Case, Director, Broomfield & Alexander

Sarah Case, Director, Broomfield & Alexander

For a number of years, the Financial Reporting Council (FRC) has been overhauling the rules governing statutory accounts to bring them in line with International Financial Reporting Standards (IFRS). For charities, this will mean a comprehensive new structure for the financial statements that is intended to integrate charity accounting more closely into the main...

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