KPMG to drop non-audit services for its FTSE 350 clients

First of big four makes move amid pressure over high-profile accounting failuresThe accountancy firm KPMG will stop providing non-audit services to big listed companies whose finances they are inspecting after coming under intense pressure over perceived conflicts of interest.Bill Michael, KPMG’s UK chair, said the firm would stop providing non-audit services for FTSE 350 companies “to remove even the perception of a possible conflict”, in a memo to partners sent on Thursday. T