According to Audit Commission chief executive Steve Bundred, the review will
provide deeper knowledge on improving the financial performance of the NHS.
His comments came as part of a joint report with the National Audit Office
which raised concerns about the quality of financial information used by health
Bundred blamed the health service’s financial woes on ‘systemic issues’ and
‘local failings’, and stressed ‘the requirement for high-quality, timely
accounts’ in the NHS.
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Steve Absolom and Will Wright from KPMG Restructuring have been appointed joint administrators to City Motor Holdings and associated companies
Partners from Johnston Carmichael have been appointed as joint administrators to Axon Well Interventions Products UK
Begbies Traynor have been appointed administrators of William Anelay Ltd, York, one of Britain’s longest-established construction and heritage restoration companies