-
Reference:
2018/0776
-
Question by:
Tony Devenish
-
Meeting date:
22 March 2018
Karthik Ramanna, a professor at Oxford University's Blavatnik School of Government, recently raised concerns in a Financial Times article about a lack of competition in the audit market, which is widely viewed as being dominated by the 'Big Four': EY, Deloitte, KPMG and PwC. Can the Mayor please advise of their dominance in GLA organisations by outlining the number of audits carried out over the past three years and the names of the firms employed? What more can be done to offer an even playing field to other, smaller audit firms? https://www.ft.com/content/b9dbd1cc-23a5-11e8-ae48-60d3531b7d11