Big Four look to hire London’s laid-off bankers to bolster their M&A teams February 6, 2023 The Big Four accounting firms – Deloitte, EY, KPMG and PwC – are seeking to hire laid-off bankers to bolster the ranks of their M&A advisory arms in the City. Top execs told City A.M. the world’s biggest professional services firms are seeking to capitalise on the downturn in big M&A deals by poaching talent [...]
Deloitte: Big UK businesses fear late 2021 recovery July 20, 2020 Nearly half of Britain’s biggest companies think it will take until the second half of 2021 to post a recovery from the coronavirus pandemic, according to a survey that cast doubt on hopes for a speedier rebound. Accountants Deloitte said 49 per cent of chief financial officers from large and mostly listed companies forecast a [...]
World’s richest football clubs 2021: Barcelona top Deloitte Football Money League ahead of Real Madrid while Bayern Munich overtake Manchester United January 26, 2021 Barcelona have retained their status as the world’s richest football club, according to Deloitte’s latest Football Money League. Barca remained fractionally ahead of fellow Spanish giants Real Madrid despite their revenue falling by €125m to €715.1m in 2019-20. European champions Bayern Munich climbed to third ahead of Manchester United, the highest placed English team in [...]
Arm IPO pockets advisers $84m in bumper payday September 17, 2023 The float of British chipmaker Arm pocketed its advisors $84m worth of fees in the biggest payout bonanza in nearly five years, according to new analysis.
Parachute payments uncertainty clouds the future of football’s richest game May 25, 2023 When Luton Town and Coventry City collide in Saturday’s Championship Play-Off Final there will be more than just glory at stake; both teams stand to make a minimum of £170m if they achieve promotion to the Premier League. It is a prize that has earned the traditional end-of-season fixture the tag of football’s richest game. [...]
KPMG to cut five per cent of US jobs as demand slows June 26, 2023 Big four accountancy KPMG tonight announced a fresh round of layoffs, with plans to cut five per cent of its US workforce. In an internal message seen by City A.M., US chair and CEO Paul Knopp KPMG said: “We do not make the decision lightly. However, we believe it is in the best long-term interest [...]
Publishers’ digital revenue on way up despite despite inflationary pressure December 15, 2022 Digital revenue is on the way up as recruitment sites lead the way for online growth. A new report from the Association of Online Publishers (AOP) and Deloitte found total digital revenue for the third quarter of this year was up by 2.7 per cent from last year to £153.5m. Recruitment sites continued to see the strongest [...]
Manchester United Women’s revenue overtakes some men’s professional clubs February 19, 2024 It is the latest sign of the growth in women's football.
Championship play-off final: Has the richest game in football peaked in value? May 25, 2024 The match is estimated to be worth £170m to £305m in additional revenue to the winners.
KPMG UK: Number of equity partners dips below 500 as Big Four layoffs begin November 19, 2023 KPMG UK has cut its number of equity partners to less than half the size of rival PwC in a sign that the firm has not hesitated in making cuts right at the top of the firm as the Big Four begin another round of layoffs.