KPMG

Increased focus on smaller firms

Need to avoid City flight

Annual KPMG report

'Slow to adapt'

Outside analysts have cost the Financial Conduct Authority (FCA) £76,885 since June, for work done predominantly on consumer credit.

The five major UK banks all recorded a profit in the first half of the year for the first time since 2010, a report has found.

Auditors of some of Britain's biggest companies should have to re-apply for the tender at least every five years, the Competition Commission has recommended, as part of a probe examining the dominance of the ‘big four' accountancy groups.

Legal & General (L&G) has promoted one of its senior staff to finance director after the insurer's external candidate was disapproved of by the regulator.

A former KPMG senior partner has pleaded guilty to insider trading.

MOVERS & SHAKERS