News
Legislation set to lower EU sustainability reporting threshold
The European Parliament votes to reduce the number of companies subject to reporting requirements to include EU companies employing over 1,000 employees and with a net annual turnover of over €450 million.ISSB amends IFRS S2 requirements to make implementation easier
The revisions aim to minimise disruption by providing reliefs and clarifications for companies applying the standard.Workers generally at ease with tech; about half don’t trust senior leaders
Globally, more workers are curious than worried about AI’s impact on their roles, and only half say senior leaders’ words match their actions.UK job market shows signs of recovery amidst hiring slowdown
Recruitment activity fell again during November, but signs of market recovery are starting to emerge in the UK, according to a monthly report by KPMG and the REC.US finance leaders feel better about their companies, worse about economy
More finance decision-makers are optimistic about their own companies versus the US and global economies, according to the quarterly AICPA and CIMA Economic Outlook Survey.IASB proposes new accounting model to improve risk management
The new model aims to enhance how financial institutions manage interest-rate risk.Chancellor delivers UK Budget
Changes to the apprenticeship scheme, salary sacrifice pension contributions, and writing-down allowance were announced by the UK Chancellor.FRC issues changes to UK taxonomy
The update includes changes to the FRC taxonomy suite, charities taxonomy, and Irish taxonomy.UK temporary hiring rebounds for first time since 2024
A rise in temporary billings and a softer fall in permanent placements point to increased stability in the UK, but cautious hiring prevails, according to a monthly report.AI and cloud convergence is key, but scaling lags
Eighty-six per cent of business and tech leaders say AI agents are essential for driving cloud decisions, yet only 29% are scaling those tools.FRC releases new UK sustainability assurance standard
The standard is intended to improve voluntary reporting for UK assurance providers and align with international requirements.Despite setbacks (and pushback), sustainability still a top business priority
Companies’ road maps are evolving as more leaders recognise the benefits of sustainability investments, but, overall, C-suite efforts have waned this yearTransformation-focused companies are outpacing others in AI
Organisations using AI to redesign workflows at an enterprise level achieve higher customer satisfaction and profitability than companies fixed on efficiency.UK regulator publishes guidance for Stewardship Code reporting
The FRC’s guidance aims to support organisations’ reporting and approach to the updated UK Stewardship Code 2026.Gen Z leads in AI adoption, upskilling, but training gaps persist
When it comes to using AI tools, generationally diverse teams are more productive, a new report found. But training for Gen Z employees outpaces opportunities for older generations to upskill.Adaptive and open-minded: Two key traits for resilient leaders
CEOs are welcoming uncertainty with an open mind, but emerging disruptions are creating a challenging balancing act for leaders.FCA to undertake UK supervisory role for accountancy services firms
In a statement, CIMA affirmed continued supervisory support for its members in practice while the regulator’s anti-money laundering model is in development.Tech, geopolitical disruptions push leaders to rethink strategy, risk
Organisations with high-performing teams have a holistic view of risk management strategy in common, a new global survey finds.More people available for work as UK job demand remains weak
More candidates are available for jobs as demand from employers remains weak, according to a monthly report from KPMG and the REC.
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