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

China to slash US tariffs as coronavirus risks deepen

China is to halve additional tariffs on 1,717 US goods following the signing of a phase 1 trade deal that halted the trade war between the world’s two largest economies.

Chancellor’s economic growth goal unrealistic, says think-tank

Chancellor Sajid Javid’s goal of doubling the pace of economic growth has a one-in-five chance ot success, an economic think tank has warned.

‘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.