A PwC spokesman said: ‘We are delighted that the judgment of Mr Justice Ferris, which exonerated PW (PriceWaterhouse), has been upheld this afternoon by the Court of Appeal.
‘It marks the end of Elton John’s claims against PW and we look forward to being paid the substantial sums which we are owed in costs.’
Earlier today the Court of Appeal threw out Sir Elton’s bid to reopen the case against the firm. He claimed costs of £14m.
It has been estimated that the singer’s legal costs could be as high as £8m.
Mazars has announced the appointment of Michael Tripp as the new head of financial services
A new leader, Darra Singh has been appointed to lead EY’s UK government and public sector practice
MHA MacIntyre Hudson has partnered with cloud accounting software provider Xero ahead of the government’s requirement for digital records
Revenue and profitability growth in on the rise for CPA firms, found a survey from the American Institute of CPA’s and its subsidiary CPA.com