Good morning, here is this morning’s 9am Lowdown.
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Osborne’s service rewarded for ‘national importance’
George Osborne has been awarded the companion of honour in David Cameron’s resignation honour’s list.
According to the BBC, the former chancellor’s new distinction is only reserved to 65 people, and given for service of “conspicuous national importance”. Osborne’s inclusion along with Cameron’s other nominations has been criticised by the opposition. Osborne’s special adviser, Thea Rogers, was also bestowed an OBE
Liberal Democrats leader Tim Farron accused the former prime minister of constructing a list that “would embarrass a medieval court”. While Labour’s deputy leader Tom Watson said: “Now that Theresa May has signed off on Cameron’s crony list she is completely responsible for undermining the credibility of the honours system and putting crony lawmakers into the House of Lords.”
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Accountants split on MTD
The accountants taking part in Digita’s live webinar this week were split in their feelings towards the Making Tax Digital move.
According to 354 accountants surveyed, 38% feel positive about the move, while 34% are feeling negative about the change, leaving 28% still undecided. However, the webinar attendees agreed about wanting to know more information about the subject, with an emphatic 91% believing there is still not enough information released on MTD.
Although the consultation documents have yet to be released, 25% of the attendees revealed that they have already started discussing the digital change with clients.
Listen here to an on-demand version of Digita’s Making Tax Digital webinar, hosted by Thomson Reuters tax product manager, Mark Purdue.
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EY appeases Millennials
EY’s CEO Mark Weinberger says Millennials want a flexible work schedule and the freedom to move around, in an interview with Bloomberg on how the frim keeps its employees happy.
“In the old days it was like: If you leave, you’re dead to us. I don’t think you can operate that way today,” Weinberger said.
Weinberger himself is “living proof” of this, explaining in the interview how he left the Big Four accounting firm three times.
“You’ve got to make people want to stay with you because of the experiences you give them, the training, the development, and how their personal brands improve,” he said. “If you can keep them, great. If you can’t, then hopefully they’re a great representative of you, an ambassador of you out in their new jobs.”
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About Richard Hattersley
Richard is AccountingWEB's Practice Editor. If you have any comments or suggestions for us get in touch.