Michael O’Dwyer | Financial Times

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Wednesday, 31 May, 2023

News in-depthConfederation of British Industry
Critics underwhelmed by CBI’s ‘programme of change’
Businesses and ministers show little solidarity with lobby group after it publishes reform plans ahead of EGM
Wednesday, 31 May, 2023

Confederation of British Industry
CBI to recruit new president as part of governance overhaul
Consultants say blanket portrayals of ‘toxic’ culture at scandal-hit UK business lobby group ‘not accurate’
Friday, 26 May, 2023

EY
EY US reshuffles leadership following failure of spin-off plan
Regional chair Julie Boland puts loyalists in top posts amid rethink of governance at Big Four firm
Thursday, 25 May, 2023

FT News Briefing podcast12 min listen
The housing supply problem: Part I
Australian government refers PwC tax leak scandal to police
Wednesday, 24 May, 2023

PwC
Australian government refers PwC tax leaks scandal to police
Government asked police to investigate given seriousness of the misconduct
Tuesday, 23 May, 2023

Corporate governance
UK company directors face tougher conduct regime
Regulators propose overhaul of corporate governance code following audit scandals
Saturday, 20 May, 2023

EY
EY extends tenure of UK boss as top team overhauled
Hywel Ball will be allowed to work beyond Big Four firm’s mandatory retirement age of 60
Thursday, 18 May, 2023

PwC
PwC’s global bosses to seize oversight of scandal-hit Australian team
International executives flown to Sydney likely to remain for several months as investigations of tax leak continue
Wednesday, 17 May, 2023

UK inflation
BoE governor admits UK economy suffering from wage-price spiral
Andrew Bailey pledges to raise interest rates as far ‘as necessary’ to bring inflation down to 2%
Tuesday, 16 May, 2023

UK employment
Make it easier to hire overseas workers, UK ministers told
BCC head Shevaun Haviland claims labour shortages remain despite record net migration
Monday, 15 May, 2023

Corporate governance
Top UK companies warned over ethics codes
Research shows almost half of FTSE 350 groups do not have publicly available frameworks
Friday, 12 May, 2023

PwC
PwC wins High Court battle over Quindell leak allegations
Judge rules that £63mn claim against Big Four accountancy firm ‘lacks any real cogency’
Friday, 12 May, 2023

PwC
PwC races to contain widening Australian tax leak scandal
Big Four firm flies top global executives to Sydney in effort to stem spiralling crisis
Tuesday, 9 May, 2023

Accounting & Consulting services
Deloitte under investigation by UK regulator over Joules audit
Big Four firm probed over work on clothing retailer’s accounts
Sunday, 7 May, 2023

PwC
PwC launches review over Australian tax law leaks
Emails shared with colleagues were based on confidential information about government plans
Wednesday, 3 May, 2023

Behind the Money podcast18 min listen
How EY’s Project Everest collapsed
What happened to EY’s grand plan to shake up the accounting industry?
Monday, 1 May, 2023

Professional services
Pandemic-era graduates struggle with teamwork, say Deloitte and PwC
Big Four firms increase training to tackle ‘skills gaps’ among recruits whose education was disrupted by lockdowns
Wednesday, 26 April, 2023

KPMG UK
KPMG fined £1mn over ‘rudimentary’ failures in TheWorks audit
Big Four firm has paid £69mn of penalties over five years, far more than rivals
Thursday, 20 April, 2023

Accountancy
Watchdog probes EY audit of Made.com
UK accounting regulator investigates Big Four firm’s 2021 review of failed group’s accounts
Monday, 17 April, 2023

Confederation of British Industry
Insurance brokers’ association quits CBI over misconduct allegations
Many other members have expressed serious concerns about the situation at the employers’ group
Saturday, 15 April, 2023

Financial services
Dubai court orders KPMG to pay $231mn for Abraaj fund audit failure
Group of investors had sued saying they lost money because of poor-quality audit work
Friday, 14 April, 2023

EY
Julie Boland: the EY leader in the middle of a ‘civil war’
US head needs consensus-building skills after scrapping plans for a global split of the accounting firm
Thursday, 13 April, 2023

EY
EY UK warned to expect staff exits and cost cuts after failure of split
Firm’s partners in Britain told global costs racked up on ‘Project Everest’ had reached $600mn
Wednesday, 12 April, 2023

EY
EY risks paralysis and a power vacuum after break-up failure
Leaders of Big Four firm’s US arm torpedoed split deal over the Easter weekend
Tuesday, 11 April, 2023

EY
EY scraps break-up plan after months of internal dissent
Split of audit and consulting businesses had faced resistance from some partners