Virtual Events With WIBF This Autumn September 16, 2020 We’re delighted to be able to offer all of our current events online via Zoom. Open to members and guests WIBF look forward to welcoming you! How Do You Use Language to Build Trust? Wednesday 16th September 2020 8:30am to 9:30amMember : FREE Guest : £6 WIBF and HSBC are delighted to welcome Anya Zhuravkina [...]
Coronavirus: UK job vacancies contract for first time in more than a decade April 8, 2020 UK job vacancies contracted for the first time in more than a decade last month as the coronavirus outbreak caused demand for staff to plummet. A survey by the Recruitment and Employment Confederation and KPMG said the vacancy measure dipped below 50 for the first time since September 2009, falling to 47.8 in March. The [...]
Byron saved from bankruptcy but 650 staff to be axed July 31, 2020 Burger chain Byron has been saved from bankruptcy this afternoon after it was bought by Calveton UK, with current investors taking a minority stake. However, more than half of the popular high street restaurant’s stores and employees will be axed as a result of the deal. Only 20 of Byron’s 51 restaurants will continue to [...]
Government paying test and trace consultants equivalent of £1.5m salary October 14, 2020 The UK government is paying some management consultants the equivalent of more than a million pounds a year to work on the coronavirus test and trace system that its own scientists have criticised. Some senior-ranking consultants at Boston Consulting Group (BCG) are being paid around £7,000 a day, Sky News reported. That would amount to [...]
‘We cannot afford another lockdown’: Italy’s cautious return to work May 11, 2020 Italy was the first European country to be hit hard by the coronavirus pandemic and it is now one of the first beginning to ease its draconian lockdown measures to lessen the economic damage of the crisis. Last Monday the country began cautiously moving out of its tough lockdown with factories, building sites and offices [...]
UK tech firms suffer worst quarter since financial crisis May 1, 2020 British tech firms have posted their worst quarterly performance since the global financial crisis as the Covid-19 crisis stunts growth, new figures have revealed. Business activity across the tech sector declined for the first time in almost eight years, according to the latest KPMG UK Tech Monitor index. The headline index dropped to 47.1 from [...]
UK retail sector shows ‘promising’ signs of recovery in August September 8, 2020 UK retailers showed “promising” signs of recovery last month as sales jumped, the latest research showed. Retail sales increased 4.7 per cent on a like-for-like basis compared to August last year, when they had decreased 0.8 per cent. Total sales were up 3.9 per cent last month, against a decline of 0.4 per cent last [...]
Challenger audit firms prep for forced audit separation January 29, 2021 Challenger audit firms are readying themselves for audit separation, a requirement not yet expected of them, but one they see as inevitable in the future. Last summer audit regulator the Financial Reporting Council (FRC) ordered the Big Four firms – Deloitte, KPMG, PwC and EY – to separate their audit units from the rest of their [...]
UK audit shakeup: Big Four face FTSE client caps, new watchdog and a clampdown on directors March 18, 2021 Big Four dominance in the UK audit market may be diluted under new plans announced today that would see stricter regulation of the sector and executives at major firms. The government hopes the proposals, published in a consultation today by the Department for Business, Energy and Industrial Strategy (BEIS), will lead to greater transparency in [...]
UK car industry flatlines as just 197 cars built in April May 29, 2020 The UK car industry made just 197 cars in April as the shuttering of factories due to the coronavirus pandemic sent production flatlining. Total production dropped 99.7 per cent, with the lowest number of cars built in one month since the Second World War, according to new data from the Society of Motor Manufacturers and [...]