Accountancy

EY UK hit with second fine in a week over audit failures

Big Four firm fined by regulator over audit rule breaches

EY was fined over breaches of auditor independence rules Mike Kemp/In Pictures via Getty Images
EY was fined over breaches of auditor independence rules Mike Kemp/In Pictures via Getty Images

EY UK has been fined for the second time in less than a week over its audit failings.

The firm was hit with a nearly £5m fine on 10 April for failings in its audits of Thomas Cook before the travel company’s 2019 collapse.

WSJ Logo
Bill Ackman’s Pro-Tennis Debut Lasted 67 MinutesExternal link

Bill Ackman’s Pro-Tennis Debut Lasted 67 Minutes