Welcome to the new Independent website. We hope you enjoy it and we value your feedback. Please contact us here.


Accountants' merger fails to add up

THE PROPOSED merger between two of the UK's leading accountancy firms, Robson Rhodes and Pannel Kerr Forster, has been unexpectedly scrapped just a week before completion due to "irreconcilable differences."

The firms say the merger was on course for its 1 May launch in the UK, where the deal originated, but that their overseas branches rejected it. Robson Rhodes' French partners, where the firm has a large national practice, were understood to be strongly opposed to joining PKF, which they thought lacked a truly national presence in the UK.