In a report by The Guardian earlier this week, Deloitte is being fined ￡14 million after they were found to have “failed to meet ethical and public interest standards”. In addition, “Maghsoud Einollahi, a former director of the accountancy firm, was fined £250,000 and given a three-year ban from accountancy” – a severe penalty for failing “to consider a conflict of interest in which the firm benefited from the schemes devised by the Phoenix Four”.