Accountancy

KPMG threatened with ban on government contracts in wake of scandals

Threat follows criticism from regulator over 'untruthful defence' in tribunal claim

Tensions between Whitehall and the Big Four auditor have grown, putting major awards in the spotlight
Tensions between Whitehall and the Big Four auditor have grown, putting major awards in the spotlight Photo: Rob Pinney/Getty Images

KPMG has been threatened with a ban on bidding for public contracts by the Cabinet Office.

The Cabinet Office sent a letter to the Big Four auditor seeking assurances there would be no further scandals, warning of the consequences if there were, the Financial Times reported.

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