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PwC Sued For £14m Over “Negligent” Audit Of Providence Investment Fund

PwC is set to be sued for £14 million by the Administrators for Providence Investment Fund over the alleged "negligence, breach of duty and...

CMA Consultation Sees Big Four Audit Firms Backed By Asset Managers

Investment management companies have called on the competition watchdog to ensure that the quality of audit is not affected as it is investigating the...

Pwc Faces Investigation

The Sunday Times reported that PricewaterhouseCoopers (PwC) is currently under investigation after a complaint was filed by a  shareholder over an audit that the...

Labour Considers Big Four Break-up

The Labour party is mulling some radical plans to break up the Big Four accountancy firms. It comes amid heightening pressure on the scandal-hit...

PwC Slammed By UK Accountancy Watchdog Over BHS Audits

The accountancy watchdog of the United Kingdom has initiated a damning indictment against PwC because of its handling of BHS following its £1 sale...

Shareholder Rebellion Threatens John Laing Infrastructure Fund (JLIF)

According to reports, disgruntled shareholders have released warnings regarding a rebellion over the potential £1.4 billion takeover of the John Laing Infrastructure Fund (JLIF). Some...

AI Could Generate 7.2m Jobs by 2030

While many people are concerned about a dystopian future in which employers will replace actual people with robots, a new report insinuates that artificial...

Motor Dealer Withdraws Accusations Against PwC and Lloyds Ahead of Trial

PricewaterhouseCoopers and Lloyds Banking Group have been able to escape a much-anticipated High Court trial, after the Yorkshire car dealership that was pursuing the companies...

$50m Paid by PwC to Largest Pension Scheme of Britain as...

Today, the biggest pension fund of Britain confirmed that it has agreed on a settlement amounting to $50m (£35m) with the Brazilian arm of PwC as part...

Vodafone Places Big Four Accounting Giants on Red Alert

By Maksym Kozlenko via Wikimedia Commons Vodafone has requested three of the Big Four accountancy firms to clear the decks in preparation for a...

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