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Ashley in race against time as auditor quits

Sports Direct is racing to find a new auditor before its shareholder meeting in less than four weeks’ time — and could face intervention from the government if it fails.

The retailer said yesterday that Grant Thornton, its long-time auditor, had resigned, less than 24 hours after Sports Direct’s annual report had said that the accounting firm had agreed to remain and shareholders had been asked to vote on its re-election.

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