Former trade secretary Stephen Byers first said that he would raise the audit threshold to £4.8m during a speech held at the British Chambers of Commerce on 4 April 2000 – although he was vague about the timing.
He did however raise the threshold to £1m, from its level of £350,000, in the mean time.
Since then the government has not indicated when it will make the leap from £1m to £4.8m.
A new head of solutions, Aidan Brennan, has been appointed at KPMG UK
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast