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Move to tackle Big Four is a 'damp squib', says professor

Measures designed to tackle the continuing dominance of the Big Four accountancy firms in the UK audit market are, "a total damp squib that will do nothing to enhance competition or choice in the market," according to a leading professor of accountancy.

Measures designed to tackle the continuing dominance of the Big Four accountancy firms in the UK audit market are, "a total damp squib that will do nothing to enhance competition or choice in the market," according to a leading professor of accountancy.