Business · 27 July 2026
Big Four accounting firms drop junior market clients to avoid watchdog fines
Just three years ago, giants like PwC and Deloitte audited about half of London's top 100 junior stock market companies, but they only hold 30 of those accounts today. Mid-tier rivals like BDO and Grant Thornton are happily scooping up the discarded work. The major firms are dumping these smaller, riskier businesses to dodge penalties from the Financial Reporting Council, Britain's audit regulator.
Reported by City AM · How we write briefs