Firms are failing millennials by ignoring their leadership development needs March 4, 2016 Research from Deloitte this week revealed some worrying trends in how UK businesses view their leadership pipeline. According to our annual human capital trends survey, leadership development needs to improve in many companies. Fifty-nine per cent of UK HR and business leaders say their organisations are not ready to meet their leadership needs. Only 13 [...]
Top 20 richest football clubs in the world: Manchester United poised to reclaim top spot but Real Madrid stay No1 for now January 21, 2016 Manchester United are poised to reclaim the title of the world’s richest club – a status enjoyed by Real Madrid for the past 11 seasons – despite their turbulent recent on-field fortunes. United have fallen one place to third in the latest Deloitte Football Money League – the annual ranking of the world’s top revenue-generating [...]
EU referendum: UK financial chiefs’ favour for staying in the EU falls, and many feeling wary about 2016 January 4, 2016 The proportion of UK finance chiefs supporting the country’s stay in the EU has fallen, and many are approaching the new year with a great deal of caution. According to professional services firm Deloitte’s most recent chief financial officer (CFO) survey, less than two-thirds (62 per cent) said they were in favour of the UK [...]
Global M&A activity tumbles 25 per cent as UK loses its appeal with EU referendum looming March 24, 2016 The UK appears to be losing its mergers and acquisitions (M&A) appeal in 2016. UK-targeted M&A activity has fallen 39 per cent year on year in the first quarter to $45.9bn (£32.6bn), according to a global report from Dealogic. The fall in UK-targeted M&A has been linked to the looming EU referendum and a weakened pound. Read more: EU [...]
Tesco splits with auditor PwC after 32 years choosing Deloitte for turnaround May 11, 2015 Tesco has split with PwC, ending a 32-year relationship with the accounting firm following the worst year in the supermarket's near-century history. A Tesco spokesperson said: “We have issued an invitation to tender for the appointment of an auditor. Taking into account the term for which PWC has served as auditor, we have agreed with [...]
You being bored at work is probably the least of your employer’s worries May 3, 2016 Let’s be honest – if you’re reading this it’s probably because you’re bored at work. Don’t worry, you’re not alone. Take a moment, however, to consider the plight of the Frenchman whose own crushing workplace ennui has led to him taking his former employer to court. We all get bored at work. We all manage to [...]
City Moves for 13 April 2016 | Who’s switching jobs April 13, 2016 Peel Hunt Peel Hunt, the independent corporate broking, advisory and trading house focused on UK mid and small caps, is pleased to announce the appointment of Simon Gardner-Bond (pictured) to the role of natural resources specialist sales, effective immediately. Simon joins from Investec Asset Management, where he worked for five years as a senior analyst [...]
Business vote to leave the EU stronger than thought, YouGov poll finds April 21, 2016 The business vote for the UK to remain in the European Union is far more divided that many had previously thought, according to research from pollsters YouGov. It showed that 40 per cent of executives surveyed think the UK would be better off out of the trading bloc, with 49 per cent in favour of staying in and 11 [...]
Law firm fee income inches up for the first six months of the 2016 financial year December 22, 2015 Fee income for the UK's top 100 law firms has crept up in the six months to the 31 October 2015, increasing by 4.5 per cent compared to the same period the year before. According to Deloitte's most recent quarterly legal sector survey, which was released today, fee income also grew 4.7 per cent in the last quarter compared [...]
City Moves for 19 April 2016 | Who’s switching jobs April 19, 2016 Savills Real estate group Savills has acquired the City investment team from Deloitte Real Estate, led by Jamie Olley. Jamie and his colleagues Thomas Reeves, Jamie Binstock and David McArthur provide investment advisory services focused solely on the City of London. The team will relocate to Savills City office in mid-June, and will work alongside Savills’ [...]