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

 

Markets slide after recession fears sparked sell-off

Markets in Europe slid on Thursday following a turbulent day on US and Asian stock exchanges, fuelled by investor fears of a global recession.

Top US bosses earn 278 times more than their employees

Chief executives earned an average $17.2m each last year and their pay grew more than 1000% since 1978, survey finds.

Grant Thornton walks out on Sports Direct and sparks crisis

Grant Thornton on Wednesday abruptly walked out as an adviser to Sports Direct, leaving the troubled leisure giant without an auditor and potentially forcing the Business Secretary to intervene.

KPMG ousts head of UK consulting unit after conduct probe

KPMG has forced out the head of one of its core businesses in Britain after an investigation into his conduct involving messages sent on WhatsApp.

Leeds best city to start a business

The Yorkshire city has emerged as a more cost-effective alternative to London, according to research.

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