THE chancellor revealed that borrowing for 2011/12 would be £126bn, a billion pounds lower than predicted.
Next year will see £120bn, then £98bn in 2013/14, followed by £75bn, £52bn and £21bn over the ensuing years.
Brexit was cited as reason for the profit warnings by seven companies – 11% of the total – with most referring to the impact of uncertainty on demand and the weaker pound
Despite concerns over the viability of BHS, advisers including Grant Thornton were paid in the millions of pounds for their roles, according to the Work and Pensions and Business, Innovation and Skills Select Committees
Grant Thornton has appointed Andy Morgan as its new head of corporate finance advisory, replacing Ali Sharifi
For those still considering whether to enter British Accountancy Awards, a further two weeks to take part have been given – with 29 July the final date