Premier League football clubs spent a record £870m during the summer 2015 transfer window which closed yesterday, while total spending on new player signings for the year hit £1bn for the first time according to Deloitte

EY takes on new partner in Scottish office, PwC builds data analytics team with director hires, Hurst expands graduate intake, private client tax team boost for Kreston Reeves and PKF Cooper Parry strengthens Midlands’ pension audit team 

FTSE 100 insurer Admiral Group is to change auditor, announcing plans to drop incumbent KPMG, with the appointment of rival Big Four firm, Deloitte 

In the light of recent high profile cyberattacks on businesses around the world, including the Ahsley Madison data hack, the US Institute of Internal Auditors (IIA) is urging companies and organisations to take a more holistic view of cybersecurity, by recognising the critical role of internal audit

The latest news from firms and practice development from changes at Companies House to more demand for UK work permits from accountants to fill skills shortage, while auto enrolment rollout gathers pace and MBO by Chantrey Vellacott business recovery team

Matt Howard, partner, and Stuart Morton, insolvency practitioner, at Price Bailey, have been appointed joint administrators of a major family-run Lowestoft department store, Godfreys of Lowestoft, which has failed to win business despite a TV makeover

The Financial Conduct Authority (FCA) is to drop its probe into troubled insurance claims processor Quindell, in light of the Serious Fraud Office’s (SFO) decision to launch a criminal investigation into the business and accounting practices at the company, which was forced to delayed publication of its annual accounts last month and has announced significant restatements for past results