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The FRC  has slapped Grant Thornton with a £975,000 fine as the two-year accounting probe into


Fraud, fines, egalitarian principles and Icelandic republics: We’ve got it all on the Lowdown this morning.

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A former assistant manager at Grant Thornton has been jailed for three years for embezzling more than £726,000; money that was intended to go to charity.


The Manchester Building Society is taking Grant Thornton to court for £49m.

Dear Mr Tchenguiz


SFO Case Timeline


The High Court has ruled in favour of Grant Thornton after Barclays tried to bring a £45m claim against it regarding the effectiveness of a responsibility disclaimer in audit reports. 


A judge has struck out property tycoon Vincent Tchenguiz’s£2.2bn damages claim following his “flagrant disregard” for court procedures.

A round-up of the latest news, appointments, executive moves and acquisitions from the world of practice during February 2015.


Accounting firms Ernst & Young and PwC are among the UK’s top employers for internships, according to research.

Grant Thornton has reported a 9% increase in revenue, up to £512m for the year ended 30 June 2014 - a year ahead than it expected, according to its