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Rae of sunshine as Julian takes key role at Deloitte in Cambridge

Rae of sunshine as Julian takes key role at Deloitte in Cambridge
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How auditors can get too close to clients

MONEYWEB app instead? Deloitte’s informal dealings with a fallen UK tech darling exemplify this. By Chris Hughes, Bloomberg Opinion 12 Jan 2021  00:01  The debacle strengthens the case for having a smaller, challenger firm come in alongside a Big Four auditor. Image: Shutterstock The UK arm of Deloitte got a record fine from Britain’s accounting watchdog in September. With the full judgment against the firm laid bare last week, you can see why. If there was ever proof that auditors can get too close to their clients, it’s the accounting giant’s handling of former UK technology darling Autonomy Corp.

A Glass or Two of Red Helps Square the Numbers - The Washington Post

Deloitte and Autonomy: How two auditors can get too close to clients

Things must really be bad if Greggs is heading for a loss

6 January 2021 • 5:34pm We have reached the nadir of the crisis. No, not a knighthood for Matthew Hancock, though it can’t be entirely ruled out given the Prime Minister’s recent form. Something much more alarming with ramifications for the entire nation: bakery chain Greggs, purveyors of mouthwatering take-away classics such as the humble sausage roll, has officially surrendered to the pandemic. With 2,000 shops closed for much of the year, the retailer is hurtling towards its first loss since joining the stock market nearly 40 years ago. Annual turnover is expected to slump by more than £300m year-on-year, pushing it £15m into the red and bringing an abrupt end to a truly incredible roll.

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