Good morning. This article is an on-site version of our FirstFT newsletter. Sign up to our Asia, Europe/Africa or Americas edition to get it sent straight to your inbox every weekday morning
Click here to listen to the latest news in less than three minutes. Top Stories Today is an audio news digest that gets you up to speed on the day’s headlines.
KPMG risks a ban on bidding for public contracts if there is a repeat of recent scandals at the Big Four consultant, the Cabinet Office has warned.
The threat to one of the UK government’s biggest providers of consulting services was made in a letter seeking assurances that there would be no further misconduct at the firm, people with knowledge of the matter told the Financial Times.
KPMG’s reputation has suffered in recent years after a series of fines for misconduct. It is also under investigation over other allegations of malpractice.
The firm was the third-biggest winner of public sector consulting contracts by value in the financial year to March 2021, behind Deloitte and PwC. KPMG was awarded government work valued at…