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BDO is the latest major accountancy firm to announce cuts to partners remuneration and the furlough of staff with the firm decreasing partner pay by a fifth amid the coronavirus pandemic. BDO, which is the fifth-largest accounting group in Britain by revenues, told its 5,500 employees yesterday

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High street fashion retailers Oasis and Warehouse have fallen into administration with Big Four audit firm Deloitte appointed as administrator. Some of the 1,800 staff employed across the Oasis and Warehouse shops, concessions and head office will be placed on furlough under the UK Government's job

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