Big Four giant EY and its London office managing partner have been hit with a fine of nearly £1.3m by the financial watchdog for audit failings related to retailer Made.com in 2021.

Big Four giant EY and its London office managing partner have been hit with a fine of nearly £1.3m by the financial watchdog for audit failings related to retailer Made.com in…

Watchdog officials said the auditors relied too heavily on the retail group’s own forecasts and did not sufficiently challenge them.