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

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.

Ladbrokes loses auditor in its bid to catch main rival William Hill

Ladbrokes has dumped its auditor as the bookie looks to close the gap on fierce rival William Hill.

Grant Thornton smashes into Big Four’s territory

Grant Thornton will double its FTSE 250 audit work by 2017 following hard-hitting reforms by regulators to smash the dominance of the Big Four accountants, the bean-counter’s chief executive has claimed.

Regulator accused of £110m error

Competition Commission's audit reform costs 'materially' underestimated, claim Big Four

Royal Wedding boosted sales, but not for long

Economists urged "extreme caution" about reading too much into a strong rebound in retail sales last month, as chains were boosted by the hottest April on record, a glut of bank holidays and the Royal Wedding.

Auditors under fire over role in bank crisis

Peers call for competition inquiry into 'oligopoly' of Big Four firms

Who are the winners and losers in Osborne's Budget for growth?

The Chancellor's attempt to kick-start the economy has had a mixed reception from the business community.

Legal endgame looms over remains of Stanford empire

A monumental legal battle over the liquidation of the business empire of alleged fraudster Sir Allen Stanford will come to a head in the Caribbean courts this month.

Sales boost for retailers ahead of crucial weekend

The hopes of retailers ahead of the busiest shopping weekend of the year were raised yesterday by official figures suggesting sales were resilient in November, despite the snow disruption at the end of the month.

Investment Column: Mouchel is a haven from the spending cuts

Hargreaves Lansdown; Vertu Motors

Financial services set for slowdown

Bounce in activity in second half of 2009 not expected to be maintained

Auditors under attack as the recession exposes failings

Watchdog says number of investigations has doubled as PwC is added to the list

So just whose pips will the Chancellor squeeze?

For 30 years the ranks of the rich have swollen while politicians turned their fire on other targets. Andy McSmith reports on the prosperous tribes for whom the taxman cometh

Housing: New homes to help first-time buyers

The GOvernment hopes to revive Britain's housing market with a series of initiatives to support homeowners, buyers and builders – but experts warned the measures were not enough on their own to generate a recovery.

High earners: Wealthy few to take the first hit from tax increases

Top rate rises to 50 per cent, while relief on pension contributions is cut

'No win, no fee' firm in line for auction

LDC, the private equity arm of Lloyds TSB, has hired PricewaterhouseCoopers (PWC) to look at a £90m sale of National Accident Helpline.

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Prices correct as of 17 September 2014
Scottish referendum: The Yes vote was the love that dared speak its name, but it was not to be

Despite the result, this is the end of the status quo

Boyd Tonkin on the fall-out from the Scottish referendum
Manolo Blahnik: The high priest of heels talks flats, Englishness, and why he loves Mary Beard

Manolo Blahnik: Flats, Englishness, and Mary Beard

The shoe designer who has been dubbed 'the patron saint of the stiletto'
The Beatles biographer reveals exclusive original manuscripts of some of the best pop songs ever written

Scrambled eggs and LSD

Behind The Beatles' lyrics - thanks to Hunter Davis's original manuscript copies
'Normcore' fashion: Blending in is the new standing out in latest catwalk non-trend

'Normcore': Blending in is the new standing out

Just when fashion was in grave danger of running out of trends, it only went and invented the non-trend. Rebecca Gonsalves investigates
Dance’s new leading ladies fight back: How female vocalists are now writing their own hits

New leading ladies of dance fight back

How female vocalists are now writing their own hits
Mystery of the Ground Zero wedding photo

A shot in the dark

Mystery of the wedding photo from Ground Zero
His life, the universe and everything

His life, the universe and everything

New biography sheds light on comic genius of Douglas Adams
Save us from small screen superheroes

Save us from small screen superheroes

Shows like Agents of S.H.I.E.L.D are little more than marketing tools
Reach for the skies

Reach for the skies

From pools to football pitches, rooftop living is looking up
These are the 12 best hotel spas in the UK

12 best hotel spas in the UK

Some hotels go all out on facilities; others stand out for the sheer quality of treatments
These Iranian-controlled Shia militias used to specialise in killing American soldiers. Now they are fighting Isis, backed up by US airstrikes

Widespread fear of Isis is producing strange bedfellows

Iranian-controlled Shia militias that used to kill American soldiers are now fighting Isis, helped by US airstrikes
Topshop goes part Athena poster, part last spring Prada

Topshop goes part Athena poster, part last spring Prada

Shoppers don't come to Topshop for the unique
How to make a Lego masterpiece

How to make a Lego masterpiece

Toy breaks out of the nursery and heads for the gallery
Meet the ‘Endies’ – city dwellers who are too poor to have fun

Meet the ‘Endies’ – city dwellers who are too poor to have fun

Urbanites are cursed with an acronym pointing to Employed but No Disposable Income or Savings
Paisley’s decision to make peace with IRA enemies might remind the Arabs of Sadat

Ian Paisley’s decision to make peace with his IRA enemies

His Save Ulster from Sodomy campaign would surely have been supported by many a Sunni imam