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Evening Standard
Evening Standard
Business
Mark Banham

UHY Hacker Young sanctioned by FRC over Laura Ashley audits

Laura Ashley FRC

High street retailer Laura Ashley filed for UK administration in March 2020

(Picture: PA)

London-based chartered accountant UHY Hacker Young has been sanctioned by the Financial Reporting Council (FRC) over its handling of auditing for high street furnishings and clothing retailer Laura Ashley.

The issues related to the financial years 2018 and 2019 before the company filed for administration in March 2020.

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