Ministers believe bill is not best use of legislative time and will instead press on with modernising corporate reporting ...

Big UK accounting firms have slashed the number of UK-listed audit clients in the past 20 years to concentrate on the largest and most lucrative work, according to a new report.

The Reform Bill would have redefined public interest entities and created a new, more powerful regulator.

The cancellation of long-promised UK audit reform raises the odds of more company collapses without adequate warning, leading ...