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Grant Thornton elects Malcolm Gomersall as new UK chief

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Grant Thornton elects Malcolm Gomersall as new UK chief

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Grant Thornton has appointed chief operating officer Malcolm Gomersall as its new UK boss following the surprise departure of David Dunckley from the role earlier this month.

Partners elected Gomersall to lead the mid-tier accounting firm for an initial three-year term subject to regulatory approval, Grant Thornton said.

It comes after Dunckley, who ran the firm since 2018, resigned despite securing an extension in 2022 to remain in the job until the end of 2026. The 50-year-old said he decided over Christmas that it “was time to take a break” without providing any further details as to why he was quitting almost three years early.

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Gomersall, who had taken over the day-to-day running of the firm in recent weeks, joined Grant Thornton’s leadership team in 2018 as head of people and client experience before being promoted to chief operating officer in 2019.

During his tenure in charge of Grant Thornton, Dunckley moved the firm away from the “public interest entity” audit market in order to reduce its exposure to high-risk clients. PIEs include listed companies, credit institutions and insurers. As a result, Grant Thornton was last year demoted from the UK regulator’s top tier of audit supervision.

Malcolm Gomersall will decide whether to take on more PIEs as the firm’s audit quality has improved © Alexander Caminada

Gomersall will focus on deciding whether the firm should now take on a greater number of PIE audits after the Financial Reporting Council said last year that its audit quality had improved.

The firm, which employs around 5,000 staff in the UK, was hit with a string of regulatory penalties by the Financial Reporting Council in recent years for shortcomings in its audit work.

Since 2021, it has been fined more than £4mn after the industry watchdog uncovered failings in its audits of collapsed café chain Patisserie Valerie, retailer Sports Direct and outsourcer Interserve.

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In 2022, the administrators of Patisserie Valerie also settled a £200mn lawsuit with the firm that alleged negligence in its audits of the café chain.

In its latest accounts for 2022, the UK firm posted revenues of £610mn, a 12 per cent increase on the previous year. Average partner pay fell 5 per cent to £579,000.

Imogen Joss, chair of Grant Thornton’s partnership governance board, said the firm’s leadership team successfully steered it through some of the “biggest macroeconomic and cultural changes of our time, whilst maintaining a focus on quality of work and the wellbeing of our people”.

She added: “The partnership and I are confident that Malcolm will continue this journey and take the firm to even greater heights.”

Gomersall said: “I am immensely proud of the progress our firm has made over the past few years and I look forward to continuing this momentum in the years to come.”

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The U.S. men’s run at the World Cup ends with a 4-1 Round of 16 loss to Belgium

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The U.S. men’s run at the World Cup ends with a 4-1 Round of 16 loss to Belgium

Charles De Ketelaere #17 of Belgium celebrates after scoring his team’s second goal during the World Cup Round of 16 match against the United States on Monday in Seattle.

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SEATTLE — This time was supposed to be different.

The U.S. men’s national team came into this FIFA World Cup with a lineup full of players with key roles in Europe’s top leagues. They had the name-brand coach — Mauricio Pochettino, of Tottenham, PSG and Chelsea fame. And they had homefield advantage, with every game on U.S. soil for the first time in three decades.

For weeks, the hype seemed like it might be real: The team’s three wins over Paraguay, Australia and Bosnia-Herzegovina were the most ever by a U.S. men’s squad in a World Cup. A new generation of American fans filled stadiums by the tens of thousands and tuned in on TV by the tens of millions.

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But in the end, the Americans’ exit was the same as it ever was: Eliminated yet again in the Round of 16 at the hands of a European team — this time, Belgium, by a score of 4-1.

From the moment they stepped onto the Seattle field, the U.S. was outclassed by their opponent, No. 9-ranked Belgium. Countless turnovers and defensive lapses were seized on by the Belgians, who needed only nine minutes to take a 1-0 lead.

Then, once the Americans equalized on a free kick by midfielder Malik Tillman, Belgium scored yet again in barely a minute of play. Belgian forward Charles De Ketelaere scored both his team’s first-half goals.

After halftime, came an embarrassing nail in the coffin that silenced the Seattle sellout crowd for good — a 57th minute roll-in by Hans Vanaken after a slip-up by goalkeeper Matt Freese outside of the penalty area left the goal unguarded. Belgian forward Romelu Lukaku added a stoppage-time goal to seal the final score at 4-1.

Malik Tillman #17 of the United States celebrates scoring his team's only goal during their World Cup match against Belgium. In what was one of the few bright spots of the game, the U.S. pulled even with Belgium at 1-1. The tie lasted less than two minutes before Belgium scored again.

Malik Tillman #17 of the United States celebrates scoring his team’s only goal during their World Cup match against Belgium. In what was one of the few bright spots of the game, the U.S. pulled even with Belgium at 1-1. The tie lasted less than two minutes before Belgium scored again.

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“It stinks,” said U.S. midfielder Tyler Adams. “Tonight was not a good performance overall. It’s not what we look to achieve. There [were] a lot of things that we could have done better.”

The U.S. had entered Monday’s game under a cloud of controversy around their striker Folarin Balogun, who was shown a red card in last week’s Round of 32 match against Bosnia-Herzegovina. An automatic one-game suspension was set to sideline Balogun, the Americans’ leading scorer at the World Cup, for Monday’s game.

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Thunderstorms, heat and wind will hamper efforts to contain Colorado wildfires

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Thunderstorms, heat and wind will hamper efforts to contain Colorado wildfires

The Aspen Acres Fire burns on Friday in Rye, Colo.

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Thunderstorms with high winds on Sunday could hamper efforts to contain a massive wildfire that has scorched parts of southern Colorado.

The Aspen Acres Fire, which is burning south of Colorado Springs across Pueblo and Custer counties, has grown to more than 86,000 acres. It began nearly a week ago and is 13% contained, officials said on Sunday morning.

Authorities have ordered people to evacuate or to prepare to evacuate across counties including Custer, Pueblo, Huerfano and Fremont.

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Scattered showers and thunderstorms could hit south central and southwest Colorado on Sunday, according to the National Weather Service.

Officials and forecasters say the rain could be beneficial for firefighting but are concerned it could lead to road damage in burned areas and cause flash flooding.

“The main threats from storms will be gusty outflow winds up to 50 mph and lightning,” the NWS office in Pueblo said.

Red flag warnings and air quality alerts have also been issued across the state, with the Colorado Department of Public Health and Environment on Sunday warning residents to limit time outdoors because of heavy smoke.

Other wildfires are burning in the state, including the Ferris Fire in southwest Colorado that has grown to more than 42,000 acres and is 7% contained as of Sunday afternoon. The Gold Mountain Fire, which is also in the southwest portion of the state, has grown to more than 25,000 acres and is 0% contained as of Sunday.

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A memorial service was held on Sunday for three firefighters who were killed battling wildfires on the Colorado-Utah border on June 27: Emily Barker, Sydney Watson and Nick Hutcherson.

The firefighters, along with two others, were involved in a “burnover incident,” which happens when firefighters are overtaken and have to shelter as best they can while a fire passes directly over them, according to the Department of Interior. Two firefighters survived and were treated for burns.

Colorado Gov. Jared Polis ordered flags to fly half-staff in honor of the deceased firefighters.

“These three brave heroes ran towards the flames, put themselves in harm’s way, and gave the ultimate sacrifice to protect Coloradans, our communities and our families,” Polis said in a social media post on Sunday.

Another fire across the border in southern Utah, the Babylon Fire, has grown to more than 90,000 acres and is O% contained as of Sunday afternoon. It is expected to be hot and dry through Monday, with very little humidity, officials said, making conditions challenging for containment.

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At least 25 people die in US as record heatwave scorches swaths of country

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At least 25 people die in US as record heatwave scorches swaths of country

At least about two dozen people have died amid the perilous climate crisis-driven heatwave that has scorched swaths of the US with record temperatures.

As a huge heat dome sits over the county’s eastern half, extreme heat gripped millions of people in the days leading up to the US’s semiquincentennial on Saturday – and beyond it. More than 20 states experienced have reported stifling temperatures more than 100F (38C), marring celebrations. And more than 140 million people remained under active heat alerts across the US on Sunday.

Officials in New Jersey believe the extreme heat was a factor in the deaths of 22 people across 10 counties there, mostly in central and northern parts of the state. Many of the individuals were found in homes with no air conditioning, outside their residences, on the street and in parked cars, according to officials.

The first of those deaths occurred on Thursday, and the ages of the deceased in question mostly range from their mid-30s to their 80s. Preliminary findings cause investigators to believe the deaths are heat-related, though the chief state medical examiner for New Jersey would later determine the exact cause of death for each.

“This is not a typical summer heatwave,” the New Jersey department of public health said in a statement. “This type of heat can quickly become life-threatening to humans and to animals of all ages.”

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The National Weather Service (NWS) has said cool air from the north in the coming days is going to lower some of the most extreme temperatures in the region, including New Jersey. The Fifa World Cup final is scheduled to be held in the New Jersey city of East Rutherford on 19 July.

Elsewhere, a heat-related death was reported in Cook county, Illinois, Natalia Derevyanny, a government spokesperson, told NBC News. The cause of that death was recorded as organic cardiovascular disease – with heat stress as a contributing factor.

Hinds county in Mississippi reported the death of 74-year-old Mitchell Ray Cooley due to heat exposure on Thursday, state officials said. Cooley had been reported missing, and his body was found the next day behind a gas station, the county coroner said in a statement.

People watch the Sail 250 parade of ships at Liberty State Park in Jersey City, New Jersey, on 4 July. Photograph: Adam Gray/Reuters

“Mr Cooley suffered from a medical condition that impaired his judgment,” the coroner’s office said. “Based on the investigative findings, scene examination, and subsequent evaluation, the cause of death has been determined to be weather-related heat exposure. At this time, there is no indication of foul play.”

Meanwhile, on 27 June, Martha Irene Van Egmond, 83, died in Bolton, Mississippi, after falling in her garden. When her husband, Rick, tried to help her up, he fell too. The couple were unable to get up and spent hours in the heat.

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Rick Van Egmond said he and his wife called out for help, and eventually two men from a nearby apartment complex came – but it was too late for Martha. She died surrounded by flowers, doing what she loved, he said to local news outlet WAPT.

Jeramiah Howard, Hinds county’s chief death investigator, attributed her death to the heat combined with her age, WAPT reported.

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A person cools off with water from an open fire hydrant during a heatwave on the West Side of Chicago, Illinois, on 2 July. Photograph: Octavio Jones/AFP/Getty Images

As Donald Trump spoke during rain-dampened celebrations in Washington DC on Saturday, emergency services there had treated 51 people with heat-related issues as of 8pm ET, with 12 taken to nearby hospitals, according to local emergency response officials.

Other events scheduled for Saturday – including the Independence Day parade in DC – were cancelled amid the blistering heat. Among other weather-related disruptions, Trump’s so-called Great American State Fair on the National Mall also temporarily closed down on Friday after reports that 44 visitors had been treated for heat-related illnesses.

The worst of the heat started moving out of the US’s north-east and midwest regions by Sunday, shifting farther south into the mid-Atlantic and south-eastern parts of the country.

But scientists warn that heatwaves with extreme temperatures are indications that the world must lower the greenhouse gas pollution driving the global climate crisis.

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The NWS is urging the public to avoid heat sickness by drinking plenty of fluids as well as staying out of the sun and in air-conditioned environments. Officials have also asked people to check on relatives and neighbors.

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