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

 

Rishi Sunak forced to offer multibillion-pound job package as Covid fears mount

Rishi Sunak was forced into unveiling a last-minute multibillion-pound package for business and workers amid fears of mass unemployment and anger over lack of government support.

Britain signs first major post-Brexit trade deal with Japan

Britain and Japan formally signed a trade agreement on Friday, marking Britain’s first big post-Brexit deal on trade, as it continues to struggle to agree on a deal with its closest trading partners in the European Union.

KPMG joins Deloitte in exploring sale of UK restructuring arm

KPMG has become the second major auditor to begin exploring a sale of its UK restructuring arm in as many months, as the big four accountants prepare for unprecedented reform of the profession.

PwC executive identified in £63m court dispute over alleged leak

A senior executive at PwC has been identified in a £63m court case against the Big Four accounting firm in which it is accused of leaking confidential client information.

MPs demand update on audit reform progress from business secretary

An influential committee of MPs has written to business secretary Alok Sharma to demand an update on the government’s progress implementing audit reforms following a series of high-profile accounting scandals.

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