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The Financial Reporting Council (FRC) has announced sanctions against Big Four accountancy firm EY and audit engagement partner Mark Harvey in relation to the statutory audit of the consolidated financial statements of bus company Stagecoach Group plc. The sanctions concern the audit conducted by th

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The Financial Reporting Council (FRC) has fined accountancy firm Grant Thornton more than £2.3 million for failings and a 'serious lack of competence' in its audits of restaurant chain Patisserie Valerie. Patisserie Valerie collapsed in January 2019 as allegations of fraud encompassed the comp

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The Scottish Government has announced that people who have suffered the most as a result of the pandemic will be at the heart of Scotland’s Covid recovery strategy. The new strategy, For a Fairer Future, sets out the next steps in Scotland’s recovery from the pandemic, recognising t

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European patent and trade mark attorneys Murgitroyd has announced its acquisition of of UDL Intellectual Property (UDL), a UK-based IP practice. This follows its recent acquisition of Hanna Moore + Curley in Ireland. UDL, founded over 100 years ago, is headquartered in Leeds, with offices in Bristol

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Big Four accountancy firm KPMG has pulled out of bidding for public contracts after the Cabinet Office threatened to ban the firm following a slew of scandals. Earlier this month, Scottish Financial News reported that the department wrote to KPMG warning that the action would be taken if the firm co

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The UK's insolvency sector is set to be governed by an independent regulator with new powers to seek compensation for victims of malpractice under government proposals to be announced today. UK Ministers are planning to impose tougher regulations for insolvency firms and practitioners after allegati

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Aberdeen-based STC INSISO has reported a turnover figure of £3.8 million in their first year since STC Global and INSISO merged in early 2021, an increase of £1m compared to the separate companies combined previous years. The amalgamated problem-solving company has welcomed 14 new client

466-480 of 652 Articles