Dual-listed ScottishPower has ditched PricewaterhouseCoopers in favour of Big
Four rival Deloitte.
The deal is major loss for PwC and a big gain for Deloitte, with the audit
generating fees of £19m for the last three years.
In 2005, PwC pocketed £2.4m for the statutory audit alone and a further £3.9m
for supplementary services such as compliance advice, the Herald
It’s the second major coup for Deloitte, having captured Royal Bank of
Scotland – also from PwC – at the turn of the decade.
Last year Deloitte, received a total of £24.3m in fees from RBS.
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Two new audit partners have been appointed at the firm BDO in its audit practice following continued growth and investment
Investment in people, tech and businesses impacts on EY's profit per partner figure
If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned