Ex-Carillion executives face £1m in fines over ‘market abuse’ claims Richard Howson, Richard Adam and Zafar Khan appeal against watchdog findings that they ‘acted recklessly' The Guardian - UK · Jul 28, 2022
Benzinga Before The Bell: Apple's iPhone Discount, Tesla's Bitcoin Loss, US Investor Fear And Other Top Financial Stories Monday, July 25 CNBC Benzinga · Jul 25, 2022
KPMG fined £18.4m and four staff banned from accountancy profession for deliberately misleading regulators Auditor submitted ‘false and misleading information and documents’ relating to collapsed construction firm Carillion The Independent UK · Jul 25, 2022
KPMG fined £14.4m for misleading regulator about Carillion audit Quartet of former staff at the big four financial services firm have been kicked out of Institute of Chartered Accountants in England and Wales for part played in audit work Birmingham Post · Jul 25, 2022
KPMG partner banned from accounting after misleading regulator over Carillion Peter Meehan, who led audit of failed outsourcer, will also have to pay fine of £250,000 The Guardian - UK · Jul 25, 2022
KPMG hit with its biggest ever UK fine after ‘misleading’ regulators over Carillion A second investigation into how the collapsed outsourcer was regulated is still underway Evening Standard · Jul 25, 2022
More details on plans for old Royal Liverpool hospital site as new one set to open Trust boss speaks about what may replace old hospital as new one prepares to welcome patients and staff Liverpool Echo · Jul 24, 2022
A chartered profession sailing into unchartered waters The sector is facing up to threats from regulation, recruitment and economic instability Insider UK · Jul 7, 2022
Sajid Javid issues update on when delayed Royal Liverpool Hospital will finally open The Health Secretary visited the heavily delayed new hospital today and told the ECHO it is on course to open this year Liverpool Echo · Jun 15, 2022
PwC whacked with £5m in fines over botched audits PwC has been hit with fines totalling £5 million for duff audits of Galliford Try and Kier Group, the latest blow to a scandal-torn sector. Evening Standard · Jun 7, 2022
UK Government confirms plans to tackle dominance of audit 'Big Four' A new regulator is set to be introduced to avoid the sudden collapse of big companies Insider UK · May 31, 2022
Ministers to rip up transparency rules for small firms to encourage job creation The government has also revealed the creation of a new authority which it promised would regulate auditors more closely. The Independent UK · May 30, 2022
EY plans to spin off audit business in shake-up for industry Move follows series of high-profile corporate collapses including Carillion and BHS The Guardian - UK · May 27, 2022
KPMG to be fined £14m for forging documents over Carillion audit Regulator confirms settlement after former staff falsified material over audits of Carillion and Regenesis The Guardian - UK · May 12, 2022
Bristol Post · May 8, 2022 Southmead Hospital construction 'problems' among key claims in government lawsuit against Carillion auditors The construction was controversial due to 'problems' with the building and Carillion was later sued by the NHS Trust responsible for the hospital, before the company collapsed
Evening Standard · Apr 14, 2022 Three new London hospitals ‘delayed in row over cash’ Whipps Cross, Sutton and Hillingdon schemes in funding battle with crisis-hit projects outside capital
Liverpool Echo · Mar 13, 2022 Carillion 'repeatedly tried to sue' Liverpool NHS Trust over stalled Royal hospital Court papers reveal shocking details before main contractor on city's new hospital collapsed
Insider UK · Mar 10, 2022 Stonehaven rail crash 'caused by Network Rail and Carillion failures' Errors in the construction of a drainage system meant it was unable to cope with heavy rain
The Independent UK · Mar 10, 2022 Botched drainage system blamed for fatal Stonehaven train crash Investigators identify failings by Network Rail and collapsed outsourcing giant Carillion
The Guardian - UK · Mar 10, 2022 Wrongly built drainage system led to Stonehaven train crash, investigators find Network Rail failed to notice that works by Carillion on Aberdeen to Glasgow line did not match the design
Liverpool Echo · Feb 4, 2022 KPMG facing £1.3billion lawsuit over stalled projects including Royal Liverpool Hospital The claim will allege that KPMG failed to respond to multiple "red flags"
The Guardian - UK · Feb 3, 2022 KPMG being sued for £1.3bn over Carillion audit UK official receiver brings unprecedented action as part of its duty to try to maximise returns for creditors of collapsed firm
The Independent UK · Feb 3, 2022 Official Receiver files legal claim against KPMG over Carillion role The claim will allege KPMG failed to respond to multiple ‘red flags’ which should have alerted them to a clear and obvious risk of misstatement.
The Guardian - UK · Jan 18, 2022 Carillion tribunal: KPMG ex-partner denies forging documents Evidence focuses on KPMG’s ‘misleading’ disclosures about audit of company that collapsed in 2018
Wales Online · Dec 29, 2019 The chequered past of Wales' tallest building It may be the only skyscraper in Wales but it's certainly had its fair share of controversies over the years and they show no sign of ending in 2023