Patricia Hewitt, trade and industry secretary, will address the House of Commons early this afternoon, outlining the results of a year-long inquiry into the UK accounting profession.
She is likely to recommend some significant changes to the industry.
Reports will begin appearing in this special area soon after Hewitt begins her speech. From then on keep refreshing the page to read the latest developments.
The speech is expected to commence at 12:30pm.
UK senior partner Phil Verity has been elected for a second term at Mazars
An audit partner has been appointed at Grant Thornton in its North West offices
KPMG has been appointed with “immediate” effect as the auditor of Dorcaster
The audit for Ibstock will be taken over by Deloitte following a competitive tender process