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.
UK senior partner Phil Verity has been elected for a second term at Mazars
An audit partner has been appointed at Grant Thornton in its North West offices
KPMG has been appointed with “immediate” effect as the auditor of Dorcaster
The audit for Ibstock will be taken over by Deloitte following a competitive tender process