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The report has been published in the wake of the collapse in the UK of outsourcing group Carillion and scandals in other countries, such as with Dealz owner Steinhoff, in South Africa. Photograph: Aaron Chown/PA Wire

Highly paid auditors spend a lot of time explaining how they are misunderstood and how the public generally misunderstands the nature of what an audit(...)

 CRH dipped 0.8%  to €27.43 despite European peers such as Heidelberg Cement and Buzzi gaining ground on Wednesday

European markets see-sawed following stronger-than-expected inflation data from the US, which first sent shares plunging in early afternoon before ral(...)

The collapse of outsourcing giant Carillion has  sparked calls in Britain  for the Big Four to be broken up. Photograph: Darren Staples/Reuters

“Shining light into dark places” is the motto that an organisation called the Tax Justice Network (TJN) gives to its financial secrecy index. It ran(...)

Capita shares plunged  to a 15-year low after a warning over profits and announcing an investor cash-call as part of a major overhaul. Photograph: Andrew Matthews/PA Wire

British outsourcing group Capita said it would raise cash through a rights issue, cut the dividend, sell assets and plug a hole in its pension after a(...)

School principals waiting to move their schools into finished buildings are now facing “indefinite” delays before getting the keys, due to the collaps(...)

Graffiti at the site of the new £355 million Royal Liverpool Hospital, which was being built by Carillion: Many  are to blame for the Carillion debacle, but short sellers are not among them. Photograph: Pat Hurst/PA

There’s no shortage of commentators administering the last rites to bitcoin, which has more than halved recently following a crackdown by internationa(...)

The Carillion logo on hoarding at  the Midland Metropolitan Hospital construction site in the UK. Photograph: James Beck/Bloomberg

There’s never a silver lining when a company fails, not to mind one that once reported revenues of more than £5.2 billion (€5.9 billion). As with the (...)

British prime minister Theresa May: it is not that she has ever had much interest or enthusiasm for the market-liberal side of Conservatism. Photograph: Eddie Mulholland/AFP/Getty Images

Capitalism’s worst doings bring it into disrepute but so, in a roundabout way, do its best. An attractive feature of the latest boom was corporate soc(...)

Two out of three ain’t bad: Ivanka Trump and former chief executive of World Wrestling Entertainment (WWE) Linda McMahon talk tech jobs. Photograph: Al Drago/Bloomberg

Image of the week: Tech comes out the valley “First daughter” Ivanka Trump, officially an “assistant” to the US president, is sitting next to profess(...)

Interserve offices  in Twyford, UK. Photograph: Peter Nicholls/Reuters

Shares in British contractor Interserve plunged on Wednesday after a report the UK government was monitoring the company, exacerbating worries about t(...)

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