Wood Group shares fly as it readies £2bn sale of consulting business January 13, 2022 Wood Group’s stock price has soared today, as it readies to sell off its built environment business – which could fetch several billion for the engineering and consulting giant. While the group’s $6.4bn revenue was down 14 per cent on a like-for-like basis, due to a “significant decline in projects”, its shares price swelled by [...]
KPMG and former sanctioned partner hit with legal action by convicted property developer April 29, 2024 Big Four consultancy firms KPMG and former partner has been hit with legal action by bankrupt Manchester-based property developer
Elite global firm McKinsey in US Justice Department hot chair over Opioid crisis April 25, 2024 Consultancy firm McKinsey has been placed under criminal investigation in the US over its role in the country's Opioid crisis.
Afghanistan: Ousted president in ‘consultation’ to return August 18, 2021 Exiled Afghan president Ashraf Ghani said he was in “consultation” to return to the country after fleeing to the United Arab Emirates. Ghani left the country “in order to prevent bloodshed” and to ensure a “huge disaster” was avoided, he said in a Facebook live broadcast, translated by Al Jazeera. “When it comes to the [...]
Wood Group mulls fourth and ‘final’ takeover bid from Dubai-based Sidara May 29, 2024 Dubai-based engineering and consulting firm Sidara has submitted a fourth and "final" takeover proposal to Aberdeen-based rival John Wood Group.
Fireblocks acquires tokenisation firm BlockFold to serve big banks and institutions September 29, 2023 Fireblocks has acquired BlockFold - a smart contract development and consulting firm specialising in advanced tokenisation projects.
Westminster standards watchdog calls for ban on MPs working as paid consultants November 29, 2021 MPs should be banned from working as paid political consultants and ministers should need to more clearly record potential conflicts of interest, according to parliament’s internal standards watchdog. A new proposal from the House of Commons’ Committee on Standards also calls for MPs to have written contracts for any outside work that says they cannot [...]
Jaws drop as it emerges UK Health Security Agency pays 1,400 consultants as much as £3,100 per day May 19, 2022 It emerged today that the UK Health Security Agency is paying consultants as much as £3,100 per day. While the number used by the UKHSA has reduced, as of January 31 it was still employing 1,476 management consultants. In a letter to the Public Accounts Committee, the UKHSA said that the majority of these consultants [...]
FCA to consult on British Steel redress amid probe into watchdog’s handling of debacle December 22, 2021 The Financial Conduct Authority (FCA) is set to consult on a redress scheme for those who invested in the British Steel Pension Scheme (BSPS) – which could finally see members get their cash back. The consult is expected to end by March next year, the FCA added, as they gather further evidence and engage with [...]
UK consultancies are hiring fewer Oxbridge and Russell Group uni grads than a decade ago February 6, 2022 The UK’s management consultancies are hiring fewer Oxbridge graduates and fewer Russell Group university graduates than they were a decade ago, figures from the Management Consultancies Association (MCA) show. The proportion of young management consultants from the UK’s top-ranking Russell Group universities has dropped from heights of 73 per cent in 2011, to rates of [...]