MPs call for break-up of ‘Big Four’ accountants after Carillion collapse

The influential Business, Energy and Industrial Strategy (BEIS) committee of MPs has publicly endorsed the recommendations made last year by a Competition and Markets Authority (CMA) report on reform of the audit industry, and have even called for a break-up of the so-called “Big Four” accountancy firms.

Published 2 April 2019

City centre housing developments ‘deliver greater economic growth’

New housing developments built in city centres have the potential to stimulate 50% more economic growth than similar developments located at urban fringes, according to a new report.

Published 18 March 2019

Administrators conclude sale of McGill & Co

The preferred bidder to take over stricken Dundee contractor McGill & Co has completed the purchase of the business and certain assets, administrators announced today.

Published 13 March 2019

FRC to delve further back into KPMG’s Carillion audits

The accountancy watchdog has announced an expansion of its probe into KPMG’s audit of Carillion for the second time.

Published 27 February 2019

Hundreds of jobs lost as McGill & Co succumbs to disputes and delays

Hundreds of workers have been made redundant after Dundee-based building contractor McGill & Co Limited went into administration.

Published 4 February 2019

Rogue tradesmen help drive £1.2bn worth of UK fraud during 2018

Last year saw a large increase in the value of fraud cases coming to courts involving rogue tradesmen, according to a new report.

Published 15 January 2019

Buyer found for Carbon Dynamic

A buyer has been found for Highlands construction firm Carbon Dynamic which went into administration last month.

Published 3 January 2019

40 jobs lost as construction firm Carbon Dynamic enters administration

Sustainable modular buildings manufacturer Carbon Dynamic has fallen into administration with the loss of 40 jobs.

Published 10 December 2018

25 jobs lost as Cowdenbeath steel fabrication firm goes under

Administrators have been appointed at a Fife-based steel fabrication firm with the loss of 25 jobs.

Published 14 August 2018

Five jobs lost as Deveron Homes and Deveron Construction fall into administration

Project delays and “challenges in the Aberdeenshire housing market” has resulted in Highland building companies Deveron Homes Limited and Deveron Construction Limited being placed into administration.

Published 6 July 2018

Accountancy watchdog launches probe into KPMG audit of Carillion

The Financial Reporting Council (FRC) has today opened an investigation under the Audit Enforcement Procedure in relation to KPMG’s audit of the financial statements of collapsed construction and services firm Carillion.

Published 29 January 2018

89 jobs lost as Falkirk timber firm collapses

Falkirk wood processing firm James Callander and Son entered administration with the loss of 89 jobs.

Published 9 January 2018

Liquidators appointed at Moray engineering firm

A Moray engineering firm has fallen into liquidation with the loss of over 30 jobs.

Published 26 September 2017

Liquidators appointed to Glasgow kitchen manufacturer

Kitchen and bedroom manufacturer Trade Kitchen Centre Limited has applied to Glasgow Sheriff Court to be wound up under the Insolvency Act 1986.

Published 29 August 2017

Blog: 2017 will be a year of feast and famine for the construction sector

Richard Threlfall from KPMG forecasts that 2017 will be a year of feast and famine for the UK construction industry.

Published 22 December 2016