Keep up with what’s been happening this week in our accountancy and finance news round-up…

Late Rooms and Super Break collapse hits holidaymakers

The holiday firms Late Rooms and York-based Super Break have collapsed, affecting more than 50,000 travellers.

Mark Carney warns of instant shock from no-deal Brexit

A no-deal Brexit would result in an instant shock to the UK economy, the governor of the Bank of England, Mark Carney, has warned.

FTSE 100 sinks into red on Trump’s threat to impose fresh China tariffs

The FTS100 has slumped 1.7% this morning, putting it on course for its worse day in more than four months after US President Donald Trump threatened to impose more tariffs on China.

Patisserie Valerie: Restructuring firm FRP to take over from KPMG

Patisserie Valerie creditors have appointed a new administrator, taking over from KPMG and increasing the chances of legal claims being brought against the failed chain’s auditor Grant Thornton.

Accountants concerned over poor management

Almost a quarter (23%) of UK accountants said poor management would drive them to quit their jobs.