The accounting regulator has fined the former CEO of the liquidated RSM Tenon Group and issued a formal disciplinary complaint against the firm’s auditor, PwC over the audit of the accounting firm, and its former finance director in relation to the preparation, approval and audit of the financial statements for the year ended 30 June 2011

Following the Brexit vote, over a third of US businesses with a base in the UK are considering moving it to elsewhere in the EU, while over half of US exporters to the EU claim they are more likely to bypass the UK in order to do business with the rest of the EU, according to research by international law firm, Gowling WLG

Cabinet Office attempts to reduce government spending by creating the Crown Commercial Service (CCS) to offer a centralised procurement and buying service have failed to deliver the expected benefits or value for money, according to a report by the National Audit Office (NAO) which says the whole approach needs to be re-thought