& Touche has sold 100 MK One stores to Jet Star Retail, a company
connected to Mark Brafman, who started the MK One budge clothing chain in 1985.
The sale, for an undisclosed sum. is likely to save many hundred jobs among
the group’s 2500 staff, although Deloitte refused to comment, according to
Deloitte, appointed administrators last week, has already cut 39 jobs at the
group’s head office. The sale represents more than half of MK One’s 172 stores.
‘We will continue to trade the remaining stores under the MK One banner
whilst exploring the available options,’ Deloitte partner Lee Manning said.
HMRC breaches client confidentiality; and partner profits fall at EY. These stories and more discussed in Friday Afternoon Live
Does Darwin's theory apply to taxation? Colin ponders...
Two new audit partners have been appointed at the firm BDO in its audit practice following continued growth and investment
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group