The reappointment of MacDonald was one of a number of appointments to the Commission’s reporting panels announced today, by Melanie Johnson, parliamentary under secretary for competition, consumers and markets.
Macdonald has been a senior partner at E&Y since 1976, and has headed a number of teams advising on regulatory issues. He is currently a member of the Financial Reporting Council and the board of the British Standards Institute.
From 1991 to 1995 he served as a member of the Cadbury Committee on corporate governance, while in the mid-1980s he was a member of the Byatt Committee, which advised the Treasury on appropriate accounting policies for Nationalised Industries.
The Competition Commission carries out inquiries into matters referred to it by the other UK competition authorities concerning monopolies, mergers and the economic regulation of utility companies. It also hears appeals against decisions of the director general of Fair Trading.
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
Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.