'Big four' accountancy firms too cosy with government, says MPs

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MPs have called for a ban on external accountants working in government to prevent them passing on knowledge of tax loopholes to benefit clients.

The Commons Public Accounts Committee are concerned employees of the UK's 'big four' accountancy firms, seconded to government, are taking insider knowledge back to their firms. The big four - KPMG, Ernst & Young, Deloitte and PwC - have also been accused of being too 'cosy' with government, creating a 'conflict of interest' which should be banned. Margaret Hodge MP, chair of the Committee of Public Accounts, said: "The large accountancy firms are in a powerful position in the tax world and have an unhealthily cosy relationship with government. They second staff to the Treasury to adv...

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