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The University accused the firm of giving defective advice in relation to a PRP scheme it operated in its financial year from August 1996 to August 1997 and claimed that the knock on effect of that advice flowed through into the scheme operated by it in the following year and that it left it unable to operate a successful scheme for the years 1998/1999 and 1999/2000.
Today at the High Court, Mr Justice Hart said Price Waterhouse admitted that in one respect the advice it gave was wrong and negligent, although it did not admit all the allegations.
Damages had been agreed subject to the judge ruling on the impact the negligent advice had on Keele.
Today, after a ruling by the judge on the extent of that impact, PwC was left facing a damages bill of £1,670,163 plus interest which is yet to be agreed.
A new head of solutions, Aidan Brennan, has been appointed at KPMG UK
Hundreds of jobs are secure after Spectrum Contracting has been sold out of administration to Minstrell Recruitment by FRP Advisory
Cowgill Holloway and Warings Business Advisors have merged, with a range of growth plans in the North West put in place
The Practitioner discusses their timesheet militancy, and reaction to someone playing it fast and loose with the details...