Deloitte faces investigation after Joules collapse

Joules Chelmsford

The Financial Reporting Council (FRC) has launched an investigation against Deloitte in relation to its audit of fashion group Joules’ 2021 financial results.

Joules went into administration in November last year after it failed to secure emergent funding and owed creditors, HMRC, suppliers and staff more than £100m at the time of its collapse

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