Never let it be said that TS is scooped on matters of meaningless gossip relating to the leaders of the accountancy profession.

TS has a new piece of information which will have our so-called rivals gasping in despair. We’ve discovered John Griffith Jones’ nickname.

Griffith Jones, currently chief executive, is set to become KPMG’s senior partner when Mike Rake steps down in September. And when he does, all those in the know at the firm will go around whispering about ‘JGJ’.

Is this how he is widely known, TS wondered? ‘Only in polite company,’ one KPMG insider tells us.