The move follows yesterday’s news that PricewaterhouseCoopers has been invited to conduct an investigation into problems at the business relating to ‘delays in passing on payments from customers to one of the group’s finance providers’.
Reports said that John Major, the former prime minister, would face questioning by the FSA over the matter. The Times reported Mayflower as saying a whistleblower had alleged the ‘irregularities’ went back to the time the ex-Tory leader sat on the firm’s audit committee.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements