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Big Four facing probe into stranglehold on auditing Office of Fair Trading flags fears over aggregates big five

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Big Four facing probe into stranglehold on auditing

21.10.11
The £600 million audit market faces a major shake-up after watchdogs ordered that the sector be subjected to a full-blown investigation by the Competition Commission... more

Office of Fair Trading flags fears over aggregates big five

16.08.11
The Office of Fair Trading sends the aggregates, cement and ready-mix concrete markets for a prolonged investigation as an initial study raises concerns about the conduct of major firms towards smaller operators... more

291 Civil Service fat cats earning over £150,000

02.08.11
Senior public servants face calls to take a voluntary wage cut after it emerges that 291 officials enjoy pay deals of more than £150,000 a year... more

City Spy: Glencore's Chinese problem

16.06.11
Here is the trade Glencore's Ivan Glasenberg isn't talking about, but everyone else in the commodities world is... more

This financial watchdog will have more bite

08.12.10
City Comment: John Fingleton, the head of the Office of Fair Trading, says the new Consumer Protection and Markets Authority will not be a “consumer champion... more

£10m fine for Reckitt Benckiser over Gaviscon sales to NHS

15.10.10
Reckitt Benckiser is slapped with a £10.2 million fine for overcharging the NHS by rigging the market for its heartburn medicine Gaviscon... more

The Prime Minister’s salary is no yardstick for public service pay

14.10.10
The clamour to keep renumeration in check is leading to a crude financial comparison that denies real worth... more

9,000 public sector workers earn more than David Cameron

20.09.10
More than 9,000 employees working in the public sector are paid more than the Prime Minister, it was disclosed... more

City Spy: Sorry, Chancellor, no Wimbledon for you

22.06.10
City Spy fears that tennis fan George Osborne won’t get a chance to go to Wimbledon this year... more

FSA chief Hector Sants sees pay package soar

10.06.10
Hector Sants, the outgoing chief executive of the Financial Services Authority, paid £742,000 for last year... more

Civil service union chief defends wages higher than PM

01.06.10
Civil service union chief hit back at government attacks on high-earning public sector staff, claiming that David Cameron could afford to take a pay cut because he is a 'millionaire'... more

Consumer anger as OFT drops bid to tackle banks on overdraft fees

22.12.09
Bank customers describe their 'bitter disappointment' as the consumer watchdog drops its legal fight against unauthorised overdraft charges... more

It's time for a shake-up at Competition Commission

21.12.09
The Competition Commission has shot itself in the foot with its failure to recognise Professor Peter Moizer had a conflict of interests when it came to airports - and in doing so has caused potentially huge damage to Britain's ravaged airline industry... more

OFT is probing bust firms ‘rip-offs’ by accountants

12.11.09
The big firms of accountants could be ripping off the British economy for million of pounds a year by charging high fees when dealing with companies that go bust ... more

Watchdog set to probe 'high' local bus fares

20.08.09
Britain's £3.6 billion-a-year local buses industry is to be referred to the competition watchdog after it was claimed that restricted competition on many routes has almost certainly made fares too high... more

Probe into local buses

20.08.09
Britain’s £3.6 billion-a-year local buses industry is to be referred to the competition watchdog after it was claimed that restricted competition on many routes has almost certainly pushed fares up too high ... more

Win for Grade as watchdog calls for review of ad rules

29.05.09
Michael Grade appeared to have won a major victory today as the Office of Fair Trading told the Competition Commission that it must take another look at the rules it set up to protect advertisers when ITV was formed through the merger of Granada and Carlton in 2003 ... more

Recruiters ‘conspired to fix fees on construction sector work’

21.10.08
Eight of the country's biggest recruitment consultants, including the stock market-quoted Hays, are accused of price fixing by the Office of Fair Trading... more

Business

08.10.08
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Banks make £152 a year in overdraft charges on every current account

16.07.08
High Street banksmake £2.6billion a year from overdraft charges on "complex and uncompetitive" current accounts, a report said... more

New names targeted in OFT 'price fix' inquiry

28.04.08
Mars and Reckitt Benckiser joined Unilever and Procter & Gamble in admitting they had been dragged into the Office of Fair Trading probe into alleged price-fixing at supermarkets.... more

Supermarkets 'in cigarette price fix plot'

25.04.08
Eleven supermarkets have been accused of conspiring with tobacco giants to fix the price of cigarettes... more

Supermarkets 'in cigarette price fix plot'

25.04.08
Eleven supermarkets have been accused of conspiring with tobacco giants to fix the price of cigarettes... more

Setback for crusader who vowed to take on big boys

23.04.08
The OFT's humiliating climbdown over Wm Morrison is the first major one for John Fingleton... more

Morrisons wins OFT 'price-fix' apology

23.04.08
OFT forced into a humiliating climbdown after incorrectly accusing Wm Morrison of colluding to fix prices on dairy products... more

OFT probe targets 112 builders in 'bid scam'

17.04.08
112 construction firms accused by OFT of colluding to rip-off taxpayers in £3bn bid-rigging scandal... more


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