FTSE 100 AUDIT TENDERS FORCE FEE HIKES

摘要

An increase in audit tender activity among the UK's blue chip companies could see costs increase, it is claimed. A number of companies, including investment bank Schroders and media group ITV, have put their audits out to tender, while others have already switched auditor. Utilities giant BG Group is understood to have ditched PwC and is understood to be shifting its audit to Ernst & Young, while mining group Kazakhmys replaced E&Y with KPMG.