Ollie Phillips: England’s emphasis on the collective has turned the side into a multi-faceted one with a shot at a Six Nations Grand Slam February 14, 2019 England have enjoyed a perfect start to the Six Nations but the length of the tournament and physical nature of rugby means squad depths will always be tested. Mako Vunipola was one of the stand-out players in the wins over Ireland and France but an ankle injury means the back-up options now come into question. [...]
City Moves for Thursday 10 January: Who’s switching jobs at Newton Investment Management, Kirkland & Ellis and KPMG? January 10, 2019 Newton Investment Management Newton Investment Management (Newton IM), part of BNY Mellon Investment Management (BNY Mellon IM), announced the appointment of Jin Philips as head of strategic relationships EMEA. In this role, Jin will be responsible for directing Newton IM’s sales strategy across UK institutional and charity channels and EMEA-partnered distribution relationships. Jin will report [...]
BDO extends lead as top junior market auditor October 29, 2018 BDO, the UK’s sixth-largest audit firm, has hugely extended its lead as the UK’s top auditor of mid-size, Alternative Investment Market (Aim)-listed firms – more than quadrupling the gap between it and second-placed KPMG in the past half a year. New data from Adviser Rankings shows BDO now has 149 Aim-listed clients, 23 more than [...]
Merger growth drives Grant Thornton International to record £4.3bn revenues January 9, 2019 Grant Thornton International reported record revenues of $5.45bn (£4.28bn), lifted by income expansion from international mergers, and strong growth in its tax and advisory arms. The figure is up $450m on last year, representing an average growth of 9.4 per cent across the whole organisation – slightly behind the 10.7 per cent global growth at [...]
Theresa May loses support for her Brexit deal after offering vote on second referendum May 21, 2019 Theresa May’s latest gamble to win support for her beleaguered Brexit deal has spectacularly backfired in a humiliating blow for the Prime Minister. May revealed Brexit legislation set to be put before MPs would contain a vote on whether to hold a second referendum in a bid to win over Labour support for her deal. But [...]
KPMG’s South African wing will donate fees from scandal-tied Gupta family December 3, 2018 The South African branch of accountancy firm KPMG said it will redistribute the fees it earned for the country’s scandal-hit Gupta family. KPMG will repay 47 million rand (£2.7m) to several civil society organisations aimed at promoting ethical leadership and accountable governance, and some education non-profits, it announced today. The firm has suffered a series [...]
All Saints profits hit by retail storm November 11, 2018 Fashion brand All Saints has seen its profits plummet as online shopping continues to take its toll on high-street fashion retailers. The company’s underlying profits fell by more than half to £10.6m because of property losses and a drop in in-store sales. Sales rose eight per cent to £327m in the year to February. But [...]
Raising the standard: The male business chiefs helping the drive for gender equality May 20, 2019 Not all business leaders are joining the battle for gender equality. As more women are being pushed up the corporate ladder and trained for senior roles, some male chief executive officers (CEOs) privately admit to feeling belittled, excluded and minimised. They complain that “you can’t say what you think anymore” and it’s “PC gone mad.” [...]
Labour mulls break-up of Big Four accountancy firms September 21, 2018 The Labour party is weighing up radical plans to break up the Big Four accountancy firms, amid mounting pressure on the UK’s scandal-hit auditors. Shadow chancellor John McDonnell vowed to end what he described as a “cartel” among the country’s largest bean counters in the run-up to his party conference this weekend. “They have demonstrated [...]
Labour mulls break-up of Big Four accountancy firms September 21, 2018 The Labour party is weighing up radical plans to break up the Big Four accountancy firms, amid mounting pressure on the UK’s scandal-hit auditors. Shadow chancellor John McDonnell vowed to end what he described as a “cartel” among the country’s largest bean counters in the run-up to his party conference this weekend. “They have demonstrated [...]