Keep up with what’s been happening this week in our accountancy news round-up…
The government has defended its role in Flybe’s collapse, as business groups, trade unions and passengers around the country voiced dismay at the loss of the UK’s biggest regional airline.
The International Monetary Fund has announced $50bn of support for countries hit by the coronavirus.
The competition regulator is considering whether to advise the government that price controls may be needed to prevent coronavirus outbreak profiteering.
The long-promised reform of the UK audit sector could start this year with voluntary changes by the Big Four accounting firms, the audit watchdog said today.
KPMG has completed the disposal of its pensions practice in the first significant sale of an advisory unit by a Big Four accountant to combat enhanced security on auditing conflicts.