The news followed HSBC’s decision to cut ties with the company.
The bank is to drop its stake of nearly one per cent in the company which it held on behalf of some clients in a nominee account following pressure from an anti-vivisection group, Stop Huntingdon Animal Cruelty.
A spokesman for Deloittes confirmed the firm had no plans to resign from the audit, adding: ‘We are surprised to have even been asked the question.’
The firm said that it had not recently been the target of any action from the animal rights group.
Since the beginning of the campaign, HLS has seen its share price fall, the sale of an 11% stake held by Phillips & Drew and the departure of its broker WestLB Panmure.
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
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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.