Bhs

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KPMG said no decision had yet been made on a potential sale of its British pensions advisory business. Photograph: Mike Blake/Reuters

KPMG has put its British pensions advisory business up for sale at a time when the Big Four accounting firms are under immense pressure to reduce conf(...)

Philip Green, whose debt-stricken clothing empire Arcadia Group has been awarded a “lifeline”. Photograph: Benjamin Norman/New York Times

Topshop boss Philip Green once had to apologise to the Irish. The brash retail magnate had suggested to the Guardian that the Irish were illiterate. “(...)

The country’s competition watchdog has said the audit practices of the Big Four must have their own management

Britain’s “Big Four” accounting firms must ringfence auditing from their consultancy work, the country’s competition watchdog said on Thursday in a r(...)

European Union and British reforms introduced in the past two years to increase audit market competition ended up with companies switching between the Big Four rather than hiring smaller rivals. Photograph: iStock

Britain needs a new watchdog to shake up the country’s “Big Four” accounting firms and reduce their dominance of the market for auditing companies’ bo(...)

“Our aim is to keep at least 80 per cent of the stores open,” Liam Rowley, Sports Direct’s head of strategic investments, told Bloomberg in an interview.

Sports Direct International Plc says it will continue to operate most of House of Fraser’s 59 department stores in the UK and Ireland after acquiring (...)

The FRC code seeks to make company boards more diverse. Photograph: iStock

Companies in Britain must strive to rein in excessive executive pay and make boards more diverse under a new “short and sharper” corporate code, publi(...)

PwC said it was “sorry” that its audit work on BHS fell below the expected professional standards. Photograph: Getty

The UK’s accounting regulator has censured PricewaterhouseCoopers (PwC) and fined it £6.5 million (€7.4 million) over the group’s audit of UK retailer(...)

Carillion has said it must raise £125 million from disposals over the next 12 months.

UK contractor Carillion is in talks with a host of Middle Eastern construction companies to sell a chunk of its overseas business as it embarks on a r(...)

Baroness Karren Brady, the football executive who once said that “balls of steel” were the foundation of her success, is to take over as chairman of Sir Philip Green’s Arcadia Group retail empire

Karren Brady, a judge on The Apprentice TV show and chief executive of West Ham United soccer club, has been appointed by Philip Green to chair his T(...)

Philip Green’s Taveta Investments, the holding company of Arcadia, has recorded a 16.5 per cent drop in profits. Photograph: John Stillwell/PA Wire

Philip Green’s Arcadia Group is starting to look a lot like BHS. The department store chain went into administration in April 2016, a year after Mr G(...)

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