9am Lowdown: Brexit, Budget, and business interests

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It’s a new week! So to get you started here’s what’s happening in the news.

News roundup

Theresa May is to travel to Brussels later for a dinner with EU leaders in a bid to end a stalemate over Brexit. (BBC)


Philip Hammond considers tax cuts for the young and house-building boost in Budget. (iNews)


The FRC plans to publish a register of interests detailing the links between its senior executives and the companies it oversees for the first time. (FT)


Ernst & Young has been hit with a multi-million pound fine for accounting misconduct. (City Wire)


UK inflation set to hit five-year high, raising heat on interest rates. (The Guardian)

New on AccountingWEB

A whole slew of corporate businesses are under the microscope for paying either none or very little corporation taxes in the UK.

Meanwhile, in more uplifting tax news, the First-Tier Tribunal delivered a compassionate and merciful judgment in a difficult case involving an abused partner.

On the blogs, Philip Fisher questions the merits of the OBR forecast.

And, finally, MyFirmsApp looks at how accountants can thrive under a digital tax regime.

About Francois Badenhorst


I'm AccountingWEB's business editor. Feel free to get in touch with comments, tips, scoops or irreverent banter. 


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