Keep up to date with the latest accountancy and business news in our weekly round-up…

 

Big four accountancy firms should break up, say MPs

KPMG, Deloitte, PwC and EY ‘stranglehold’ contributing to corporate failures, report says.

UK productivity shrinks for second consecutive quarter

Labour productivity in Britain fell by 0/1% in the final three months of 2018 compared to a year earlier.

Top accounting body will not add to climate change rules overload

Rules to determine which companies investors can put their money into without fear of harming the environment need to be consolidated and one of the world’s leading accounting agencies has no intention of adding to them, its top official said.

Cummings: Trump accounting firm will provide financial information with subpoena

House Oversight Chairman Elijah Cummings said Wednesday that Mazars USA will give financial documents to his committee – but only if they receive a subpoena first. This is part of the committee’s probe into Trump’s finances.

More women work in lower-paying businesses

More women tend to work for less productive – and therefore lower-paying – companies than their male counterparts do, the IFS says.

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