PwC fined £3.2m over 'serious breaches' in Babcock audit
By Martin Coyle ( July 16, 2026, 14:50 GMT | Insight) -- PricewaterhouseCoopers has been fined £3.2 million by the UK’s audit regulator over the accounting firm’s audit of defense company Babcock, which contained “serious breaches.” The fine is the second the Big Four auditor has faced over its work on the company.PricewaterhouseCoopers has been fined £3.2 million by the UK’s audit regulator over the accounting firm’s audit of defense company Babcock, which contained “serious breaches.”...
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