John Lewis CEO role shelved; UK audit firms achieve ‘operational separation’; will AI put paid to negotiating?; US auditor shortfall.

The quality of many non-FTSE 350 company financial reports is ‘concerning’, the Financial Reporting Council’s review found.

Supply chain warning; Japan improves corporate governance; FRC drops proposals; BP penalises Looney; US investors resist high pay.

Ongoing economic uncertainty has seen some companies struggle to provide useful financial data, the FRC finds.