Accountants in merger

A Burgess Marine engineer in action

106 jobs lost as marine firm goes into administration

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THE accountancy firm in charge of the administration of Portsmouth Football Club is to merge with another.

PKF is set to merge with BDO from next year, creating a firm with a combined revenue of roughly £400m.

It is not known what impact the merger will have on staff levels in the long term.

PKF will become known as BDO.