Grant Thornton fined £2.3m for Patisserie Valerie scandal

There had been an identical failure 10 months earlier, when Carillion, a large development and providers group, additionally ran out of money. With Carillion, there have been extra warnings, however ultimately its accounts additionally proved to be wildly at odds with the truth of its monetary place. Its demise led to requires modifications to how audits are performed, and when the bakery chain went underneath, these calls turned deafening.

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