Businesses wasting $1.5 trillion on office space rent costs, says Philips Lighting during World Green Building Week September 25, 2017 Businesses around the world could save a total of $1.5 trillion (£1.11 trillion) in reduced office costs by using space more efficiently, according to analysis by Philips Lighting. Philips is calling for the renovation rate of offices in developed countries to double to three per cent a year. Refurbishing buildings to optimum standards would reduce [...]
City A.M.’s Devilishly Difficult 2017 Sports Quiz Part 2: The odd and business stories from the sporting year December 21, 2017 It has been another vintage year of sporting drama, from the triumphs of Anthony Joshua and Lewis Hamilton to the disappointments of England’s failed Ashes defence and Usain Bolt’s anticlimactic farewell. But as the dust settles on 2017, how much have you remembered about those defining moments, or the storylines playing out off the field, [...]
Deloitte installs bitcoin ATM open to the public at its Toronto office to teach employees the basics of blockchain technology September 8, 2016 Deloitte launched its first bitcoin ATM to the public yesterday at its office in Toronto, where its Rubix blockchain division is based, in a bid to take employees back to the basics of cryptocurrency technology. The Big Four accounting firm unveiled the terminal to employees on Tuesday, before opening its doors for public use on Wednesday. The bitcoin [...]
Mind the skills gap: A plan to future-proof the UK workforce November 30, 2017 How do we close the skills gap in this country? At the recent World Skills competition and conference in Abu Dhabi, I learnt that this is not just a UK problem, but also one faced by countries across the world. Addressing this imbalance sits front and centre of everything this government is trying to achieve [...]
Former Deloitte chief and private equity house plot challenger to big four accountancy firms August 9, 2016 A former Deloitte executive is teaming up with a private equity house to launch a challenger to the big four accountancy firms. John Connolly, who was chief executive of Deloitte UK, is said to be plotting a string of acquisitions to take on his former employer along with EY, PricewaterhouseCoopers and KPMG. He is working on [...]
Here’s why the finance sector loves blockchain so much March 22, 2017 Financial services companies are watching blockchain technology intently because it promises to eliminate the manual and paper-based processes they have used for years. Deloitte’s recently established EMEA blockchain lab in Dublin is holding active conversations about more than 50 blockchain projects. “There’s a huge amount of interest, even though we are at early stages with [...]
The jobs, they are a changin’: What’s happening to the finance industry? November 10, 2017 No matter where your career stands, you can always count on one thing—the investment industry is constantly changing. Worldwide trends are converging to transform the prospects for investment professionals. Consolidation among firms is leading to cuts. Fintech is disrupting the industry. The global talent market is evolving in different ways from region to region. Experts [...]
Consumer confidence the worst in London, according to report by Deloitte April 25, 2016 London consumer confidence is the lowest in the UK according to a report by Deloitte released today. Against a backdrop of falling confidence across the country, London scored the worst in the first three months of 2016 with job security confidence falling six per cent and disposable income confidence down nine per cent. According to [...]
Deloitte has added 80 new partners, 30 per cent of which are women May 31, 2016 Accountancy giant Deloitte has added 80 new partners, 24 of which are women, as the company pushes to improve its gender diversity. The new roles fall predominantly in London, with 56 of the partners working in the capital. It was recently revealed that women in London work 10 days more per year than the rest of the UK’s female [...]
Six surprising stats about FTSE 100 cyber security disclosures from their annual reporting February 6, 2017 Just a handful of FTSE 100 companies say they have a special technology or cyber security expert on their board, despite the growing risk to business a new analysis reveals – just one of several surprising stats about how the biggest firms in the UK inform shareholders about the issue. Only five per cent of board level individuals with such direct [...]