Motorsport Valley a £16bn jewel in crown of UK, new report says June 24, 2025 A new report has today described Motorsport Valley as a “jewel in the crown of UK manufacturing” as the area celebrates £16bn in turnover. The area, which takes in the Midlands and Oxfordshire as well as the Silverstone hub, is the epicentre of much of the UK’s advanced manufacturing, and home to a number of [...]
Grant Thornton UK partners green light private equity deal with Cinven December 16, 2024 Accountancy giant Grant Thornton UK partners have "unanimously voted in favour" of investment from private equity firm Cinven
UK’s largest nightclub operator Rekom owed over £120m as it collapsed into administration and cut 470 jobs February 19, 2024 The UK's largest nightclub operator owed more than £120m as it collapsed into administration and cut almost 500 jobs before a rescue deal was agreed.
Grant Thornton UK boss steps down in surprise early departure January 10, 2024 Grant Thornton UK has announced that Dave Dunckley will step down as CEO, with its chief operating officer taking over the role until the selection process takes place.
Grant Thornton axed from top flight of audit supervision after removing high-profile clients January 7, 2024 Accountancy firm Grant Thornton has been cut from the industry watchdog’s top tier of audit supervision after removing a number of high-profile clients.
UK firms looking to India for growth despite trade deal delays July 20, 2023 A host of UK firms are looking to expand their operations in India despite delays to the UK-India trade deal. India is now considered a core international growth market for UK mid-market firms, according to a survey of a survey of just over 600 medium-sized UK firms by accountancy firm Grant Thornton. Just over 70 [...]
UK’s audit watchdog calls on top accounting firms to boost measures against exam cheating December 21, 2022 The UK’s accounting watchdog has called on Britain’s seven largest auditors to improve the measures they have in place to prevent cheating on exams, following a series of international cheating scandals involving the world’s biggest audit firms. In a letter seen by City A.M., the UK’s Financial Reporting Council (FRC) called on the country’s top [...]
Grant Thornton triples paternity leave offering as talent war continues October 5, 2022 Grant Thornton has tripled the length of its paid paternity leave offering from two to six weeks as the UK’s top accounting firms have increasingly turned to offering staff perks and benefits in their efforts to recruit and retain talent. The accounting firm will offer its staff six weeks of paid paternity leave from [...]
Big Four auditors up advisory fee incomes as challengers capture larger share of audit work August 5, 2022 The UK’s challenger auditing firms are increasingly capturing a larger share of Britain’s audit market, as the Big Four increasingly generate their revenues through non audit work, new data from the UK’s accounting watchdog shows. The research shows smaller auditors upped their audit fee incomes at almost twice the rate of the Big Four, as [...]
Auditors should stop ‘complaining’ about fines and improve the quality of their work, FRC chief says August 3, 2022 The head of the UK’s accounting watchdog has said Britain’s major auditors should stop “complaining” about fines and start improving the quality of their work instead. In an interview with the Financial Times, Financial Reporting Council (FRC) chief executive Sir Jon Thompson said “the solution” to auditors’ problems with fines is “entirely” in their own [...]