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.

Career Services

Day In a Page

Independent Travel
Vietnam & Cambodia
Pompeii, Capri & the Bay of Naples
Bruges
India & Nepal
Japan
Berlin, Dresden, Meissen & Colditz
Prices correct as of 17 October 2014
How could three tourists have been battered within an inch of their lives by a burglar in a plush London hotel?

A crime that reveals London's dark heart

How could three tourists have been battered within an inch of their lives by a burglar in a plush London hotel?
Meet 'Porridge' and 'Vampire': Chinese state TV is offering advice for citizens picking a Western moniker

Lost in translation: Western monikers

Chinese state TV is offering advice for citizens picking a Western moniker. Simon Usborne, who met a 'Porridge' and a 'Vampire' while in China, can see the problem
Handy hacks that make life easier: New book reveals how to rid your inbox of spam, protect your passwords and amplify your iPhone

Handy hacks that make life easier

New book reveals how to rid your email inbox of spam, protect your passwords and amplify your iPhone with a loo-roll
KidZania lets children try their hands at being a firefighter, doctor or factory worker for the day

KidZania: It's a small world

The new 'educational entertainment experience' in London's Shepherd's Bush will allow children to try out the jobs that are usually undertaken by adults, including firefighter, doctor or factory worker
Renée Zellweger's real crime has been to age in an industry that prizes women's youth over humanity

'Renée Zellweger's real crime was to age'

The actress's altered appearance raised eyebrows at Elle's Women in Hollywood awards on Monday
From Cinderella to The Jungle Book, Disney plans live-action remakes of animated classics

Disney plans live-action remakes of animated classics

From Cinderella to The Jungle Book, Patrick Grafton-Green wonders if they can ever recapture the old magic
Thousands of teenagers to visit battlefields of the First World War in new Government scheme

Pupils to visit First World War battlefields

A new Government scheme aims to bring the the horrors of the conflict to life over the next five years
The 10 best smartphone accessories

Make the most of your mobile: 10 best smartphone accessories

Try these add-ons for everything from secret charging to making sure you never lose your keys again
Mario Balotelli substituted at half-time against Real Madrid: Was this shirt swapping the real reason?

Liverpool v Real Madrid

Mario Balotelli substituted at half-time. Was shirt swapping the real reason?
West Indies tour of India: Hurricane set to sweep Windies into the shadows

Hurricane set to sweep Windies into the shadows

Decision to pull out of India tour leaves the WICB fighting for its existence with an off-field storm building
Indiana serial killer? Man arrested for murdering teenage prostitute confesses to six other murders - and police fear there could be many more

A new American serial killer?

Police fear man arrested for murder of teen prostitute could be responsible for killing spree dating back 20 years
Sweetie, the fake 10-year-old girl designed to catch online predators, claims her first scalp

Sting to trap paedophiles may not carry weight in UK courts

Computer image of ‘Sweetie’ represented entrapment, experts say
Fukushima nuclear crisis: Evacuees still stuck in cramped emergency housing three years on - and may never return home

Return to Fukushima – a land they will never call home again

Evacuees still stuck in cramped emergency housing three years on from nuclear disaster
Wildlife Photographer of the Year: Intimate image of resting lions claims top prize

Wildlife Photographer of the Year

Intimate image of resting lions claims top prize
Online petitions: Sign here to change the world

Want to change the world? Just sign here

The proliferation of online petitions allows us to register our protests at the touch of a button. But do they change anything?