Speedy Hire hires Deloitte to investigate £5m hole

Speedy Hire, an equipment hire company, has appointed Deloitte to do a "forensic investigation" after finding accounting irregularities of up to £5m in the accounts of its international division.

In November the Merseyside-based company, which hires equipment to industries including construction, rail and utilities, said it had found that "certain control processes within the international division have been repeatedly and deliberately circumvented".

The irregularities, which are expected to cost between...

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