Financial Times Big Four hit back at LSE study The Big Four firms on Tuesday hit back at claims that their domination of auditing could have distorted the market and pushed up prices. The conclusions were made in an academic study conducted by LSE and sponsored by BDO Stoy Hayward, a rival to the Big Four, which maintained it had no influence over the results of the report. http://www.ft.com/cms/s/0/fe8fbb3a-1640-11dd-880a-0000779fd2ac.html
Birmingham Post Streamlining ready for 2011 AIM listing Concentration in the audit market is linked to higher audit fees, according to a new report commissioned by BDO and conducted by the London School of Economics. (Source: Lexis)
Accounting Web Lack of audit choice is spiking prices Concentration in the audit market is directly related to higher fees, says a report published today. The research, carried out by LSE and commissioned by BDO Stoy Hayward, reveals that in 2002 alone Enrons exit saw an increase of 2.4% in the audit fees paid by listed companies. http://www.accountingweb.co.uk/cgi-bin/item.cgi?id=182870&d=1025&h =1073&f=1026&dateformat=%25o%20%25B%20%25Y
USA Today London mayoral race has touch of spectacle Tony Travers, who specializes in British politics at the LSE, says the mayoral race has become more like an American election in which name recognition has become more important than issues. It's a Ken vs. Boris show, Travers said. http://www.usatoday.com/news/world/2008-04-29-london_N.htm
The News, Pakistan Mayor hopefuls battle for Muslim vote in London All the statistics say Livingstone is likely to get more of the ethnic minority votes (but) Labours advantage in this sphere is declining, said Tony Travers of LSE. http://www.thenews.com.pk/daily_detail.asp?id=109712
De Volkskrant 'Livingstone heeft vele levens veranderd' 'Of je hem nu mag of niet, Livingstone is de politicus die in Groot-Brittannië het leven van mensen de afgelopen tien jaar het ingrijpendst heeft veranderd', zegt Patrick Dunleavy, hoogleraar overheidsbestuur aan de LSE. (Source: Lexis)
The Straits Times, Singapore Cross-strait ties complicated by 'too many cooks'; KMT's Lien Chan visits China, but no concrete moves announced 'There have always been doubts about Ma's ability to handle intra-party politics inside the KMT. This will be a real test for him,' said Dr Christopher Hughes, a Taiwan expert with LSE. (Source: Lexis)
UN taskforce to tackle global food price crisis Holmes told an audience at LSE on Monday: Food insecurity is not like classic famines, such as Ethiopia. It's more insidious. It's been likened to a silent, rolling tsunami. http://www.guardian.co.uk/environment/2008/apr/30/food.development
Times It's a rich city but it has 650,000 poor children. It's London Mrs Hunter is among the more fortunate cleaners in the capital. She works for LSE, which pays contracted-out staff the living wage of £7.20 an hour. http://www.timesonline.co.uk/tol/news/politics/article3842343.ece
Late-edition headlines
Accountancy Age Big four control directly linked to higher audit fees Research commissioned by BDO Stoy Hayward and conducted by LSE reveals audit fees are certain to escalate should one of the big four firms exit the audit market, leaving only the big three in control. http://www.accountancyage.com/accountancyage/news /2215400/big-four-control-directly
Sun-Sentinel.com Prescription drug importation could be destructive A LSE study shows that similar systems already in place in Europe have resulted in almost no consumer savings. Instead, it's the middlemen who derive most of the benefit, buying low and selling back to consumers at a high price. http://www.sun-sentinel.com/news/opinion/sfl-forum29 drugssbapr29,0,7227759.story
The London Paper Academic urges us all to vote on Thursday - The most important vote in our history Article includes comments from Tony Travers, LSE
Le Monde Tony Travers : Les Tories modernes sont plus progressistes que la droite européenne Tony Travers analyse les enjeux de l'élection du maire de Londres. (Source: Lexis)
Ouest-France Bataille électorale haute en couleur à Londres D'un côté, se trouve Boris Johnson, échevelé candidat conservateur, très drôle et très connu en Grande-Bretagne. «Il est l'équivalent d'un candidat people comme Schwarzenegger», explique Patrick Dunleavy, politologue à la London School of Economics. (Source: Lexis)
Slate Magazine The Doctor Is in Your PC In June 2006, a policy group at LSE led by Lord Richard Layard, a Labor peer, economist, and the author of Happiness: Lessons From a New Science, announced that mental illness was incapacitating the country. (Source: Lexis)
The Daily Galaxy Which Existed First: God or the Human Imagination? French-British anthropologist, Maurice Bloch, of LSE believes that humans alone practice religion because they're the only creatures to have evolved imagination. http://www.dailygalaxy.com/my_weblog/2008/04/httpwwwnewscien.html
BBC Online Mervyn King set to face scrutiny Mr King is a academic economist, who was a professor at LSE before becoming the Bank of England's chief economist in 1991. http://news.bbc.co.uk/1/hi/business/7371376.stm