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China instructs state firms to phase out big four auditors
Firms urged to allow contracts with Deloitte, KPMG, EY and PwC to expire

Kalyeena Makortoff

22, Feb, 2023 @1:17 PM

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KPMG settles £1.3bn lawsuit from Carillion creditors over alleged negligence
Collapse of outsourcer in 2018 with debts of £7bn came after annual accounts were approved by KPMG

Kalyeena Makortoff

17, Feb, 2023 @6:25 PM

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Two-thirds of UK consumers plan to cut non-essentials in 2023
Cost of living crisis forcing families to cut back on eating out, holidays and other discretionary items, survey finds

Richard Partington

29, Dec, 2022 @6:01 AM

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Twitter’s CEO post is a non-job if Elon Musk can’t vacate it | Nils Pratley
Tesla shareholders hoping for the full attention of their distracted CEO are likely to be disappointed

Nils Pratley

21, Dec, 2022 @6:29 PM

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UK retailers braced for tough Christmas as shoppers feel squeeze
Two surveys show extent of cost of living crisis as businesses enter what should be most profitable period

Larry Elliott Economics editor

08, Nov, 2022 @12:01 AM

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KPMG partner banned from accounting after misleading regulator over Carillion
Peter Meehan, who led audit of failed outsourcer, will also have to pay fine of £250,000

Jasper Jolly

25, Jul, 2022 @11:05 AM

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Marcus Rashford Book Club to give away 50,000 books this summer
Initiative led by the footballer will distribute copies of his own children’s adventure book to young readers with little access to reading

Sarah Shaffi

05, Jul, 2022 @1:14 PM

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UK employers take on workers at slower rate after fall in applicants
Shortage of candidates since January means thousands of vacancies unfilled

Phillip Inman

10, Jun, 2022 @7:17 AM

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KPMG fined £3.4m over ‘serious failures’ in Rolls-Royce audit
Regulator says accountants’ audit of jet engine maker failed to report payments to Indian intermediaries

Jasper Jolly

24, May, 2022 @11:24 AM

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KPMG to be fined £14m for forging documents over Carillion audit
Regulator confirms settlement after former staff falsified material over audits of Carillion and Regenesis

Kalyeena Makortoff Banking correspondent

12, May, 2022 @3:06 PM

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Big four accountancy firms cut off businesses in Russia and Belarus
EY and Deloitte join KPMG and PwC in separating Russia operations in response to Ukraine invasion

Jasper Jolly

07, Mar, 2022 @4:26 PM

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How are western firms with Russian interests reacting to sanctions?
Lawyers, spin doctors and accountants representing super-rich are scrambling to reduce exposure to Russian market

David Pegg

05, Mar, 2022 @7:00 AM

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