Carillion

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Traders work the floor of the New York Stock Exchange. Photograph:  Don Emmert/AFP/Getty Images

August lived up to its reputation as a tricky month for stocks. Will things be less stressful in September? No, if history is any guide. September has(...)

KPMG has been handed a £5 million fine for misconduct in work for BNY Mellon, the world’s largest custodian bank, over breaches that were described as “truly exceptional” by British regulators.  Photograph: Niall Carson/PA

KPMG has been handed a £5 million fine for misconduct in work for BNY Mellon, the world’s largest custodian bank, over breaches that were described as(...)

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(...)

Interserve, which cleans the London Underground and is one of the biggest suppliers of services to the UK government, has unveiled an emergency rescue plan that hands 97.25 per cent control of the business to its banks. Photograph: Chris Ratcliffe/Bloomberg

Interserve, one of the biggest suppliers of services to the UK government, has unveiled an emergency rescue plan that hands control of the business to(...)

Aryzta had an unremitting bad year and was the  standout corporate loser of 2018. Photograph: Reuters

It was another year of mixed fortunes in corporate Ireland. The economy continues to be the fastest growing in Europe while the live register fell to (...)

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(...)

British outsourcer Interserve has thousands of UK government contracts to clean hospitals and serve school meals. Photograph: Peter Nicholls/Reuters

Shares in Interserve lost more than half their value on Monday after the British support services provider said it was in rescue talks which may hand (...)

Some 185 banks, asset management firms, insurers and payment companies surveyed by the Central Bank have 7,700 outsourcing arrangements between them.

The Central Bank plans to pile pressure on financial institutions to get to grips with mounting cybersecurity, Brexit and other risks related to their(...)

Minister for Education Joe McHugh said his department conducts several checks to assess the solvency of main contractors prior to the award of a contract on any school building project. Photograph: Dara Mac Dónaill

Construction of 18 schools countrywide has been set back this year alone because of the collapse of one company and the financial difficulties of anot(...)

Tesla chief executive Elon Musk said short sellers were a source of “extreme torture”. Photograph: Brendan Smialowski/AFP/Getty Images

Tesla chief executive Elon Musk doesn’t like his critics. He has taken on analysts asking “boring, bonehead questions”, Reuters journalists (“relentle(...)

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