Financial Services Financial Services

Big Four accountants face curbs as UK government unveils ‘major overhaul’ of audit sector

By Fiona Maxwell
  • 18 Mar 2021 05:01
  • 18 Mar 2021 05:03
The “Big Four” accounting firms face a tougher regulatory regime that could cap their market share, as the UK’s business department pledged a “major overhaul” of how it regulates the companies in the wake of several high-profile scandals.

The government today began a long-awaited consultation which aims to reduce the domina

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Fiona Maxwell

Senior Correspondent

Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

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