accountancy

Sky News reports £30m price tag

One Tesco director suspended following the firm's £263m accounting error will return to his job at the retailer.

Tesco has created £2.5bn in credit reserves as senior management seek to deal with a £250m accounting error, falling shares, and the potential for ratings downgrades.

The UK will be the fastest-growing Western economy next year, according to a survey by accountancy firm Grant Thornton.

The Accounting and Actuarial Discipline board has launched an investigation into the accounting errors discovered at RSM Tenon earlier this year.

The UK arm of accountancy firm PwC has been fined a record £1.4m after it failed to discover billions of dollars of client money had been ringfenced improperly at US bank J.P.Morgan Chase.