The Financial Reporting Council (FRC) has announced that it will undertake a preliminary investigation into KPMG’s auditing of banking giant HBOS before its collapse in 2008.
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KPMG profits hit by investments
MPs have renewed calls for the Financial Reporting Council to investigate the role of KPMG in the collapse of HBOS.
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Senior MP calls for investigation of KPMG
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KPMG has been cleared over its role as auditor of HBOS in the years before the bank collapsed, but MPs have called for a new investigation into the Big Four firm’s role.
KPMG and Metro Bank have announced a partnership targeting small business with a combined offering of their accountancy and banking services.
The North of England has huge potential and should be in the premier league of world economies, according to Richard Threlfall, head of infrastructure, building and construction at KPMG.
A recent IPPR North report, supported by KPMG, on the Northern Powerhouse has found there’s an ‘economic potential gap’ of £34bn, representing the economic boost that would be generated if the Nort