Knocking on reform's door

Any hope auditors had of legal reform to allow them to cap their liability was scuppered by the Department of Trade and Industry last week. Nicholas Heaton explains, however, that the door to reform could be reopened in the future

Last week, the Department of Trade and Industry ruled out reforming the law relating to auditors' liability in the Companies Bill, now being considered by the House of Commons. The law, contained in

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FCA stops potential ghost broker from trading

The Financial Conduct Authority has stopped Arthur Temlett, trading as Abacus Insurance Consultants, from carrying out any regulated activities, including acting as an insurance broker.

City minister Siddiq is replaced by Reynolds

Less than 24 hours before she was due to appear at the British Insurance Brokers’ Association’s Manifesto launch, Tulip Siddiq has resigned as Treasury minister and been replaced by Labour MP Emma Reynolds.

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