UK ministers are exploring stricter audit rules for private companies

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The ministers of the United Kingdom do not explore the rules of the audit of the Narrow Kingdom for the government in the government to mark the regulation of the show in an offer to push economic.

Business Secretary Jonathan Reynolds and Employment Minister Just Madders have met the months of audits and recent reforms that favor about 600 companies, “according to people familiar with the disseles.

The conservative government previously reformed the United Kingdom of the United Kingdom to the Altuf-Profils Excellent of the RU, as well as out of carilli, such as the outside Carillion, sellers bhs and coffee Caterie.

In 2021, the ministers proposed classifying the largest private companies and target companies as entities of public interest (the plates). They acted after the request of the Collapse of BHS on whether the audits of unlisted companies should be written in greater depth to prevent similar failures.

The designation will put the audits of about 600 unlisted companies with 750 employees and more than 750mn in an annual round under a regulatory system

Reynolds told the Financial Times in 2023 that if Labor won power, it would do for long-term reforms. But a person familiar with the government’s thinking said that the reforms were “EXCELLENT SCHEMATICS COME CHEAP” “Another barrier, a ceiling to growth”.

With Reynolds worried that the proposals duck under the mark of 750 employees, the government, the government was chosen “either abandon the proposal” or abandon the proposal, the person added.

The ministries have in recent weeks voted to prosecute, and last month ordered 17 of the largest watchdogs to impute measures to enrich the economy.

On Tuesday, the government forced out The chair of the competition regulator after taking the view that the agency was not focused enough on growth.

The FRC was first cut in 2018 with the quality of the audit after a rash of high-profile failures. The incoming government pulled out a package of reforms, which included replacing the current regulator with the most powerful Auditor, report and authority.

But it is stolen The proposals in 2022, reduce the number of new plates from as much as 2,000 to 600.

The auditors have complained more than the scrutineer applied by the polling in relation to cows of Top Ditton saying that she had sworn 70 percent to 2022.

Work has used his first speech of the first king Last year to promise a reform of audit and corporate governance charter. The draft legislation may also include the current top proposals, one of the people said: Optini could choose the details in the Parliament.

A rise of renaissance choice told the minister was also open to specific countries “to ask the business secretary on the subject and considering economic reforms of the audits.

The Department for Business and Trade said that the thoughts of interested parties before publishing the draft package later this year.

“Our priority is our economy and to read people and that is why our audit reform is focused on business growth and support.