Accountancy

EY UK hit with second fine in a week over audit failures

Big Four firm fined by regulator over audit rule breaches

EY was fined over breaches of auditor independence rules Mike Kemp/In Pictures via Getty Images
EY was fined over breaches of auditor independence rules Mike Kemp/In Pictures via Getty Images

EY UK has been fined for the second time in less than a week over its audit failings.

The firm was hit with a nearly £5m fine on 10 April for failings in its audits of Thomas Cook before the travel company’s 2019 collapse.

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