The European Central Bank has been told by European Union auditors that there
were weaknesses in controls for the construction of its £362m Frankfurt
The EU Court of Auditors said evidence was lacking that best value for money
had always been achieved in tenders and that there were some weaknesses in risk
management, the FT reports.
The ECB plans to convert Frankfurt’s Grossmarkthalle, a former wholesale
market, and build a new office tower. The project is due for completion at the
end of 2011.
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Two new audit partners have been appointed at the firm BDO in its audit practice following continued growth and investment
"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges
Investment in people, tech and businesses impacts on EY's profit per partner figure