Accountancy has moved centre stage in the London mayoral race. First, Accountancy Age revealed London Underground’s accounts have been reported to the Financial Reporting Review Board for allegedly massively overstating its assets. A bit of a blow given the punch-ups that will follow in the mayoral contest over the tube network. But then it turned out that the favourite to become the capital’s first mayor, Red Ken Livingstone, had not been as detailed as he might have been when declaring his financial arrangements to the House of Commons. In fact it turns out the ardent socialist fulfilled speaking engagements with Ernst & Young and PricewaterhouseCoopers. Then, as the race to lead London hots up, Alistair Campbell admits the tax bill under Labour has risen. Shocker! You have to wonder whether Blair and his mates really want Dobbo to win.
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