Keep up with the latest business and accountancy news in our weekly round-up…
Britain’s economy grew at a record quarterly rate of more than 15% as lockdown restrictions were eased in the summer but the recovery has now petered out, the latest official figures have revealed.
Britain is ‘sleep-walking’ into a personal debt crisis with the number of people in severe problem debt topping a million due to the coronavirus pandemic, charity StepChange has warned.
Big Four accountancy firm EY is facing a $4bn lawsuit from the administrators of fraud-hit healthcare business NMC Health.
Deloitte is kicking off talks with potential buyers of its British restructuring business amid expectations of a surge in activity triggered by swathes of coronavirus-inspired insolvencies.
Audit giant KPMG is to sell its restructuring arm because conflicts of interest and regulatory scrutiny are preventing it from winning work.