UK Scraps Audit Reform Bill: Massive Cost Savings and New Rules for Large Firms in 2026
In a stunning move for the legal sector, the UK government has officially scrapped the long-awaited Audit Reform Bill, prioritizing economic growth over tighter regulation. This decision aims to eliminate heavy administrative costs for firms with over 1,000 employees. But while the Bill is gone, new changes to the POAT regime and virtual AGMs are arriving fast. Dive into our exclusive breakdown of the 2026 corporate roadmap and see how these cost-saving measures will impact your firm’s compliance strategy today!