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Research by leading audit, tax and consulting firm, RSM UK has highlighted the hurdles media businesses face when claiming research and development (R&D) tax reliefs. 

In April 2024, the number of registered company insolvencies in England and Wales was 2,177, 18% higher than in March 2024 (1,838) and 18% higher than in April 2023 (1,838). Company insolvency numbers also remained above levels seen during the Covid-19 pandemic. 

As the Financial Conduct Authority (FCA) charged nine people with promoting unauthorised trading schemes on Instagram in the first crackdown on ‘finfluencers’, RSM UK says the judgement does not address the heart of a growing issue of promoting unregulated financial advice or unauthorised push payments (APP).

As the National Audit Office releases its report on HMRC customer service, which shows call waiting times have increased by over 350% in the past five years, RSM UK is calling on the government to prioritise further investment. 

Leading audit, tax and consulting firm RSM UK has appointed Sarah Waddington as a financial reporting partner to strengthen its consulting team.

Monthly construction output decreased slightly by 0.4% in March 2024, coming from decreases in new work (0.7%) and repair and maintenance (0.1%). In Q1 2024, construction output fell by 0.9%, which came solely from a 1.8% decrease in new work, as repair and maintenance increased by 0.3%. 

Commenting on Soho House & Co Inc.’s Q1 2024 financial results released today, Robyn Duffy, consumer markets senior analyst at RSM UK: 'Soho House Group’s latest results signal the strength of its burgeoning global brand with strong membership growth year-on-year and membership sales accounting for a large proportion of total revenues.'

Leading audit, tax and consulting firm RSM UK has appointed Laura Schmuttermeier as risk and governance partner in its consulting team.

The retail sector continues to have the highest prevalence of victimisation, with 41% of business premises experiencing crime in 2023, according to Home Office data released today.