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The Latest Breaking News from Grant Thornton

Funeral plan customers set to lose thousands as firm goes bust with huge debts

Customers of Unique Funeral Plans have fading chances of getting their money back, as the company has gone into liquidation owing £680,000 to customers and the taxman

Daily Mirror

Council shares auditor concerns over looming financial challenge

Cllr Paul Brant said inflation was hitting Liverpool Council hard

Liverpool Echo

More than 3,000 funeral plan customers in limbo as firm runs out of money

Unique Funeral Plans has stopped trading and is insolvent, accountants say, but the firm has thousands of customers now facing an uncertain future - with no refunds

Daily Mirror

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Further budget pressures coming if council doesn't act on savings auditors warn

Grant Thornton released an interim report into the authority

Liverpool Echo

Nearly £25bn of consumer spending could be ‘lost’ this financial year

The ‘cut-back economy’ could mean nearly nine in 10 people reducing their discretionary spending, according to Grant Thornton and Retail Economics.

The Independent UK

Sports Direct audit failings: Grant Thornton fined £1.3m

Accountancy firm says historical issues 'not reflective of the work we produce today'

Birmingham Post

Grant Thornton fined £1.3m for ‘serious failings’ in Sports Direct audits

Financial Reporting Council penalises auditor and former partner at firm over work in 2016 and 2018

The Guardian - UK

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Regulator issues £2m fine to Grant Thornton over Sports Direct audits

The Financial Reporting Council has issued penalties against the auditor and a former partner at the firm over audit failings in 2016 and 2018.

Evening Standard

A chartered profession sailing into unchartered waters

The sector is facing up to threats from regulation, recruitment and economic instability

Insider UK

2021 Scottish deal tables revealed

2022 brings further uncertainty following last year's transaction bounce-back

Insider UK

Eye-watering costs to taxpayers of investigating and fixing Liverpool Council's problems

Liverpool Council has a long list of well-documented problems - and it is costing residents a lot to address them

Liverpool Echo

Terms of probe into Liverpool Council affairs requested by auditors to be finalised

Grant Thornton said it will not sign off on the council's books until the work is completed

Liverpool Echo

BrightHouse customers set to lose thousands on mis-sold loans after collapse

Rent-to-own firm BrightHouse went into administration last year, but 11,000 customers still to receive compensation may be left with nothing, a new report says

Daily Mirror

BrightHouse loan customers unlikely to get refunds, say administrators

Creditor Greensill has received big sum but Grant Thornton decides cost of assessing other claims is too high

The Guardian - UK

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Nottingham Post

Nottingham City Council: How and why did the auditors fail to identify £40m misspend?

'It looks likely these transactions may never have been selected for testing'

Birmingham Post

Round up of appointments and promotions in the South West

We take a look at people on the move from across the West Country in recent weeks

Birmingham Post

Watchdog launches probe into West of England Combined Authority amid 'strained' political relationships

The effective use of taxpayers' money in the region has been questioned

Liverpool Echo

Investigators looking into Liverpool Council at request of auditors to be confirmed

Accountancy firm Grant Thornton called for an independent review

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news in one place.

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Liverpool Echo

Liverpool council auditors 'failed to enquire' about dodgy deals claims opposition leader

“We find ourselves in the situation we’re in because of the failure of Grant Thornton to enquire on a range of issues"

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