search.noResults

search.searching

saml.title
dataCollection.invalidEmail
note.createNoteMessage

search.noResults

search.searching

orderForm.title

orderForm.productCode
orderForm.description
orderForm.quantity
orderForm.itemPrice
orderForm.price
orderForm.totalPrice
orderForm.deliveryDetails.billingAddress
orderForm.deliveryDetails.deliveryAddress
orderForm.noItems
10 IN VIEW


CITY TAX JOBS BOOST AS HMRC STAYS PUT


Reversing an earlier decision that would have seen it move more than 1,000 jobs to Liverpool or Manchester, HM Revenue and Customs (HMRC) has announced that it now intends to stay in Preston.


The announcement is good news for more than 1,000 of its workers. The government agency had previously announced that it would close its transitional site in the city, at St Mark’s House and St Mary’s House, in 2025. Now it says Preston will be “retained as a long-term location in the North West”. HMRC is yet to determine whether its present base will be retained or if a new office will be established elsewhere in the city.


Announcing the decision, Angela MacDonald, HMRC’s deputy chief executive and second permanent secretary, said: “I am pleased to announce HMRC’s long-term commitment to keeping skilled jobs in Preston.


“This latest phase in HMRC’s Locations Strategy will enable colleagues based in Preston to stay and build their careers with HMRC.


“This supports the government’s plans to promote growth and job opportunities across the UK, so we can better serve our customers.”


HMRC currently has 1,400 full time equivalent staff in Preston. A further 11,800 roles are based in the North West, in Salford and Liverpool.


The Public and Commercial Services Union (PCS) has welcomed the decision. It says Preston joins East Kilbride and Portsmouth in avoiding closure and means a fourth long-term HMRC site in the North West..


A spokesperson said: “PCS has from the onset been campaigning to


BUSINESS CASE FOR ESG


Meeting environmental, social and governance (ESG) goals may be considered a box-ticking exercise by some but is in reality intrinsically linked to commercial performance.


Recent studies consistently find that firms which perform strongly across all three factors of ESG outperform the market, generate greater longer-term value and are more resilient to emerging issues.


Reporting Certain institutions such as banks, insurers and asset managers have been reporting their ESG metrics for several years, some of them mandatory under listing rules and others voluntarily under other reporting frameworks.


However, there is still much controversy regarding reporting, due to weak regulatory oversight, subjective criteria and a lack of transparency.


For example, in May 2022 Tesla - the manufacturer of electric vehicles - was removed from the S&P 500 ESG index while ExxonMobil - responsible for more than 3,000 oil spills and leaks to date among other controversies - was given a top 10 rating position.


The role of accountants The vision of the Institute of Chartered Accountants in England and Wales (ICAEW) is that professional accountants enable a world of sustainable economies.


Our key skills sets - problem-solving, critical thinking and analysing and reporting on information from various sources - are a natural fit for ESG.


Chris Brown


Despite this, there is an appetite among smaller companies to begin the ESG journey, through organisations such as B Lab, by becoming B Corp certified.


Currently, there are around 6,500 B Corps in 89 countries, including 1,200 in the UK, which has the second-highest number of B Corps after the USA. The vast majority are SMEs.


Compared to traditional businesses, B Lab UK data shows that B Corps have faster growth in turnover (27 per cent versus 5 per cent) and employee headcount (14 per cent versus 1 per cent), greater levels of employee retention, and are more successful in securing equity finance (70 per cent vs 56 per cent).


ICAEW has recently introduced a Sustainability Certificate which equips accountants and other finance professionals with the practical knowledge and skills to integrate sustainability reporting into their organisations.


This will enable finance professionals to confidently partner with sustainability experts to identify climate-related risks and incorporate performance and financial metrics into their risk management, financial planning, and ESG reporting.


Let’s use business as a force for good.


Chris Brown Managing Director brownandco.uk


defend members’ jobs in the face of HMRC’s massive office closure programme, ‘Building Our Future’.


“Whilst we’ve been able to avoid compulsory redundancies – except where compulsory terms have been more beneficial – the department’s closure programme has seen the loss of tens of thousands of years of revenue and customs experience.”


They added: “It’s still not clear where exactly in Preston members will be located; whether it will be in existing accommodation or an alternative site.


“PCS will be working hard to ensure that, now our members in Preston have security where their location is concerned; that the location in question is a decent place to work.”


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68  |  Page 69  |  Page 70  |  Page 71  |  Page 72  |  Page 73  |  Page 74  |  Page 75  |  Page 76  |  Page 77  |  Page 78  |  Page 79  |  Page 80