9am Lowdown: RBS, Brexit and debt

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Good morning everyone and welcome to today’s 9am Lowdown.

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In the news

The Treasury has announced a plan to help people in serious debt by giving them a six-week 'breathing space'. (BBC)

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Toshiba expects to see an annual loss of almost $1 billion after calculating tax related to chip unit sale. (Reuters)

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Royal Bank of Scotland faces further action by financial regulator over the way it treated its small business customers in the five years after the 2008 banking crisis. (The Guardian)

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Business groups have urged the Chancellor to help firms prepare for Brexit and freeze taxes in next month's Budget. (BBC)

 

New on AccountingWEB

From November 1, HMRC will reject company tax returns with accounts or tax computations which are not in iXBRL format.  

Philiph Fisher presents the first part of his new guide to work/life balance.

On the blogs, Trent McLaren analyses the areas you need to re-evaluate to take your firm into the future.

And on the industry insights page, Capitalise presents a funding guide to help you better service your clients.

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Contributions from the AccountingWEB.co.uk editorial team.

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