Keep up with the latest accountancy and finance news in our weekly news round-up…

 

Google owner Alphabet becomes trillion-dollar company

Google’s owner Alphabet has become a trillion-dollar company for the first time, making it only the fourth US firm to reach the bumper valuation.

Flybe confirms it will get a tax and duty holiday

Flybe has hit out at reports that the regional airline a payment holiday of up to £100m from tax authorities.

M&C Saatchi merges with sister agency Lida after accounting crisis

M&C Saatchi announced it will absorb sister marketing agency Lida, as the troubled advertising firm looks to recover from a catastrophic accounting crisis.

Deloitte Partner sacked for ‘bullying’ gets £125,000 legal bill

A former Deloitte Partner dismissed for ‘bullying’ staff and charging a client for a trip to the Singapore Grand Prix has lost his challenge in London’s High Court.

KPMG UK’s most senior woman quits the firm after two decades

KPMG UK’s most senior female partner and deputy chair has quit the Big Four accounting firm after two decades.

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