News

Unilever has announced plans to ditch PricewaterhouseCoopers after 27 years and is set to move its  £18 million a year audit to rival KPMG.

Mr Michaels has only targeted increasing BDO's market share in the FTSE 350 from 3 per cent to 5 per cent by 2018

'Another decade of prejudice' against mid-tier accountants

Accountants outside of the industry’s ‘Big Four’ will continue to suffer from “institutional prejudice” for another decade despite incoming regulatory reforms, the managing partner of BDO has warned.

Last reel: Cineworld told to sell three cinemas

Cineworld has been told to sell three of its cinemas to appease regulators' concerns over its £4m takeover of the arthouse chain Picturehouse.

An exterior view of the Santiago Bernabeu stadium

European Commission under fire over €22m Real Madrid illegal state aid deal

Real Madrid alleged to have colluded with city council over price of land around Bernabeu

Ryanair to fight Aer Lingus block

Ryanair is to appeal against the European Commission's decision to block its proposed bid for Aer Lingus.

Anthony Hilton: Shared audits add up to a sensible solution

Lunch on Wednesday with Michael Snyder, chair of the Professional and Businesses Services Group, one of the network of advisory committees for government. He, in his day job, is long-time head of Kingston Smith, a mid-sized accounting firm.

Philips moves from audio to physio

Philips Electronics was once one of the world’s largest manufacturers of television sets and video gadgets but today it all but admitted defeat, selling a key business and vowing to focus on healthcare and wellbeing.

Current account best deals: Banks are not doing enough to help consumers make right choice, says OFT

Banks are still not doing enough to help consumers find the best deals in the current account market, the Office of Fair Trading (OFT) said today.

Mining: Chinese give green light to 'mega-merger'

The mining and commodities giants Glencore and Xstrata are within a whisker of consummating their £56bn "mega-merger" after China indicated that its regulator had no reason to oppose the deal.

Glencore extends Xstrata merger deadline

Lengthy antitrust regulatory processes in China and South Africa have forced commodities trader Glencore to delay the date for completion of its tie-up with miner Xstrata until the end of January.

Cinema giants eye Berlusconi chain The Space Cinema

Britain's three biggest cinema chains are considering bids for a group of picture houses owned by disgraced former Italian prime minister Silvio Berlusconi and fashion house Benetton.

What the Sunday Papers said

The Independent on Sunday: Critics of Big Four audit firms see evidence of 'closed shop'

What the Sunday Papers said

The Independent on Sunday: Big four auditors face monopoly interrogation

OFT fees hike 'threatens merger regulation'

The Office of Fair Trading has quietly increased fees to investigate small mergers by one-third, which critics argue could result in fewer anti-competitive deals being referred to competition regulators.

OFT's new boss on big pay cut

The Office of Fair Trading's new boss will take up the reins of the trading watchdog on less than half the salary of his predecessor, it emerged yesterday.

Google could be abusing position, says Brussels

The European Commission has given Google "a matter of weeks" to change its internet search policy after Brussels regulators ruled that the US web giant could be abusing its dominant position.

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Homeless Veterans Christmas Appeal: ‘We give them hope. They come to us when no one else can help’

Christmas Appeal

Meet the charity giving homeless veterans hope – and who they turn to when no one else can help
Should doctors and patients learn to plan humane, happier endings rather than trying to prolong life?

Is it always right to try to prolong life?

Most of us would prefer to die in our own beds, with our families beside us. But, as a GP, Margaret McCartney sees too many end their days in a medicalised battle
Thomas Cook's outgoing boss Harriet Green got by on four hours sleep a night - is that what it takes for women to get to the top?

What does it take for women to get to the top?

Thomas Cook's outgoing boss Harriet Green got by on four hours sleep a night and told women they had to do more if they wanted to get on
Christmas jumper craze: Inside the UK factory behind this year's multicultural must-have

Knitting pretty: British Christmas Jumpers

Simmy Richman visits Jack Masters, the company behind this year's multicultural must-have
French chefs have launched a campaign to end violence in kitchens - should British restaurants follow suit?

French chefs campaign against bullying

A group of top chefs signed a manifesto against violence in kitchens following the sacking of a chef at a Paris restaurant for scalding his kitchen assistant with a white-hot spoon
Radio 4 to broadcast 10-hour War and Peace on New Year's Day as Controller warns of cuts

Just what you need on a New Year hangover...

Radio 4 to broadcast 10-hour adaptation of War and Peace on first day of 2015
Cuba set to stage its first US musical in 50 years

Cuba to stage first US musical in 50 years

Claire Allfree finds out if the new production of Rent will hit the right note in Havana
Christmas 2014: 10 best educational toys

Learn and play: 10 best educational toys

Of course you want them to have fun, but even better if they can learn at the same time
Paul Scholes column: I like Brendan Rodgers as a manager but Liverpool seem to be going backwards not forwards this season

Paul Scholes column

I like Brendan Rodgers as a manager but Liverpool seem to be going backwards not forwards this season
Lewis Moody column: Stuart Lancaster has made all the right calls – now England must deliver

Lewis Moody: Lancaster has made all the right calls – now England must deliver

So what must the red-rose do differently? They have to take the points on offer 
Cameron, Miliband and Clegg join forces for Homeless Veterans campaign

Cameron, Miliband and Clegg join forces for Homeless Veterans campaign

It's in all our interests to look after servicemen and women who fall on hard times, say party leaders
Millionaire Sol Campbell wades into wealthy backlash against Labour's mansion tax

Sol Campbell cries foul at Labour's mansion tax

The former England defender joins Myleene Klass, Griff Rhys Jones and Melvyn Bragg in criticising proposals
Nicolas Sarkozy returns: The ex-President is preparing to fight for the leadership of France's main opposition party – but will he win big enough?

Sarkozy returns

The ex-President is preparing to fight for the leadership of France's main opposition party – but will he win big enough?
Is the criticism of Ed Miliband a coded form of anti-Semitism?

Is the criticism of Miliband anti-Semitic?

Attacks on the Labour leader have coalesced around a sense that he is different, weird, a man apart. But is the criticism more sinister?
Ouija boards are the must-have gift this Christmas, fuelled by a schlock horror film

Ouija boards are the must-have festive gift

Simon Usborne explores the appeal - and mysteries - of a century-old parlour game