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Grant Thornton UK has reported a 12% increase in revenue to £610 million in 2022, up from £543m the previous year. Pre-tax profits rose by only 5% to £121m due to increased costs. The firm opted to invest in pay rises, promotions, and hiring a record number of school-leavers amid i

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HM Revenue & Customs has admitted to the Commons public accounts committee that it had allowed 11,000 Chinese firms to register for VAT at a single residential flat in Wales without verifying who lived there. The scam was discovered after the flat owner received thousands of letters demanding mo

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