U.K. Accounting Firm Freezes Fees Amid Downturn

A British accounting firm said it is freezing its fees for next year to help its clients cope with the economic crisis.

K. Sharkey & Co. Accountants, in Stanley, County Durham, decided on the move after seeing that several of its clients were having trouble paying their bills, according to The Northern Echo.

The firm's director, Ken Sharkey, told the newspaper that most of his competitors were raising their fees to help them get through difficult times, but his firm was freezing the fees "so our clients don't suffer." The firm has 11 staff members.

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