Government accounting procedures were breached when new premises were bought for MI5 and a new building was constructed for MI6, according to a recently declassified report. The reports reveal that costs spiralled out of control and that Margaret Thatcher, prime minister at the time, was not kept informed of the rising expenditure. The final cost for Vauxhall Cross, the MI6 building, and MI5’s Thames House, rose to £548m, up from estimates that originally totalled £250m. The newly released reports were produced in 1993 and 1995 and include a report from the then chairman of the Public Accounts Committee Robert Sheldon.
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.
Kevin Reed discusses whether new accountancy group Cogital can rival the Big Four...and its likely direction of travel