Bank of England switches auditors
This is the first time it has changed auditors since records began in 1920.
KPMG will take over from PwC on 1 March having won a competitive tender in November for a job that carries fees of £723,000 per year, the FT reported.
The Bank said: 'It's standard practice to go through a change of auditors. KPMG were considered the most suitable candidate
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