EY hit with €95m claim over tax scandal advice & more…Keep up to date with the latest accountancy news in our weekly round-up…

Calls to investigate KMPG over Ted Baker errors

The accountancy watchdog has been called to investigate KMPG following errors which led to lifestyle retailer Ted Baker overstating its inventory by up to £58m.

BDO sued for up to £250m over London tower sale

BDO is being sued for up to £250m for alleged negligence in its role as administrator to a haphazard 52-storey skyscraper development project on London’s South Bank, according to court documents.

‘Once in a lifetime opportunity’: EY to go ‘carbon neutral’ by end of 2020

Global accounting giant EY is aiming to be ‘carbon neutral’ by the end of 2020 by both reducing and offsetting its carbon emissions, the company announced on Friday.

RSM oversees administration of Michelin-starred restaurant

Professional services firm RSM has been appointed to oversee the administration of three Mayfair-based companies within the Marc restaurant group.

EY hit with €95m claim over tax scandal advice

Big Four accountancy firm EY has been targeted with a €95m (£80.5m) lawsuit for advice it gave to a collapsed bank that allegedly defrauded the German state.