Search Results for: Big Four
Deloitte starts up £25m fund for employees
November 17th, 2014
BIG FOUR accountancy firm Deloitte today announced it had started a £25m internal investment fund to allow its employees to create their own startup businesses. If their idea is chosen, employees will be given funding and allowed to work ...
Competition watchdog to investigate UK current account and SME banking market
November 7th, 2014
The UK’s Competition and Markets Authority is to launch a full-scale investigation into personal current accounts and SME banking, following a three month consultation exercise. The CMA published two studies in July which indicated that regulatory barriers and limited ...
UK banks face break-up threat as competition probe launched
November 6th, 2014
Britain’s big banks could be broken up after the country’s competition watchdog launched a full-blown investigation into services for small business customers and personal accounts because of a lack of competition. It marks the latest step by authorities to break the dominance of ...
Stewarts appoints PwC lawyer as first tax litigation chief
November 6th, 2014
Pickstone has experience of acting for large corporates, financial institutions and high-net-worth individuals in tax disputes before the tax tribunals and in court. He said the new group would focus on both commercial tax disputes such as those arising ...
Deloitte takes top slot as Scotland’s largest firm
November 5th, 2014
Deloitte is the largest accountancy firm in Scotland, as measured in The CA magazine’s annual Accountancy Review. The CA is the membership journal of the Institute of Chartered Accountants of Scotland (ICAS). The Accountancy Review charts the largest 30 ...
EY ends Deloitte’s 14-year audit role at RBS
November 4th, 2014
EY has emerged victorious in the battle to secure the lucrative RBS audit account. The bank announced that EY had wrested the account from incumbent Deloitte, which has been the institution’s auditor since 2000. Last year RBS paid Deloitte ...
RBS Leans Towards Naming EY As New Auditor
October 31st, 2014
Royal Bank of Scotland (RBS) is leaning towards appointing the smallest of the big four accountancy firms as its new auditor, a move that would spell the end of its relationship with Fred Goodwin’s erstwhile employer. RBS is closing ...
KPMG focuses on diversity
October 14th, 2014
KPMG has admitted that the class, gender, ethnic and sexual orientation of it staff does not reflect the make-up of wider British society or its client base. And in order to begin addressing the oversight, it has unveiled a ...
EY issues emphasis of matter note on Co-op Bank
August 22nd, 2014
EY’s first public act as auditor of the Co-operative Bank has been to place an emphasis of matter paragraph into its interim statement review. The Big Four firm, which replaced KPMG as the bank’s auditors earlier this year, said ...
UK banks face break-up threat as watchdog plans competition probe
July 18th, 2014
Britain’s big banks could be broken up after the country’s new competition watchdog said it plans to launch an 18-month investigation into services for small business customers and personal current accounts. The Competition and Markets Authority (CMA) said on ...
