Cyberattacks – why FDs and CIOs need to collaborate

The growing threat of cyberattacks remains for all UK businesses. It could result in Cyber Vandalism – such as the publication of a fake terror attack at UK stations thanks to an admin error that impacted National Rail, fake voices and images – known as a deepfake attack – scammed the British design firm Arup out of $25m (£19m) or a ransomware attack on payroll data at the Ministry of Defence. Incidentally, as well as data, ransomware gangs stole more than $1bn last year, according to US blockchain analysis firm Chainalysis. 

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Why and How to Verify Your Identity with Companies House – A Must for Company Directors and PSCs

From 2024 onwards, Companies House has introduced important changes as part of the Economic Crime and Corporate Transparency Act. One of the biggest changes is the requirement for certain individuals to verify their identity to obtain a VIN number. This key step is to improve corporate transparency and tackle economic crime in the UK.

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Company Directors and Partnerships – you need to be aware of these Companies House Changes

The registration system used by Companies House is changing in 2025 due to the Economic Crime and Corporate Transparency Act. The changes are designed to prevent fraud and ensure that businesses are more transparent. If you are a director of a UK company, a person with significant control (PSC) or a member of a LLP, this will impact you. This is what you need to know.

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3 reasons why a local accountant is better for your business

You may not know that local accountants HB Accountants, based in Hoddesdon in Hertfordshire and on the Essex border, was originally a London accountancy practice. We moved out to this lovely market town over 40 years ago and are so happy that some of our original London-based businesses are still our clients.

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Simple spreadsheet accounting or accounting software package: which is best for your small business?

A critical part of running a small business is managing your accounting. Not only do you need to manage the bookkeeping – the recording and organising of your financial data such as invoicing, expenses, payments and payroll – you also need to manage your accounts – the presentation and interpretation of that financial data including preparing tax returns, generating reports and forecasts, and auditing. So, which is the best way to record your financial information if you’re a SME? Should small businesses use simple spreadsheet accounting or invest in an accounting software package?

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