EY is latest to start monitoring attendance of UK employees January 29, 2024 EY has become the latest to monitor its UK employees’ office attendance in order to see if staff are aligned with its hybrid working guidelines. According to the Financial Times, the Big Four firm is recording the swipe card entry of staff to show how frequent they are attending its offices. The data is being [...]
Sainsbury’s injects £200m for staff pay as bumper Christmas helps stave off Lidl and Aldi threats January 4, 2024 Some 120,000 employees at Sainsbury’s and Argos are set to have their hourly wage increase, as the supermarket injects £200m into improving pay. Staff at the ‘Big Four’ grocer will now be handed £12 per hour, in line with the Real Living Wage. For workers in London this will leap to £13.15. Sainsbury’s has increased [...]
Big banks set for bumper annual profits as interest rates peak February 12, 2024 Britain's biggest banks are set to report strong annual profits over the next two weeks despite mounting margin pressure from a likely peak in interest rates.
EY hands back £15m to Santander over ‘poor’ work on financial crime defences September 26, 2023 EY agreed to terminate a contract with Santander's UK business after its anti-financial crime work for the bank was deemed to be insufficient, according to a report.
PwC cuts Friday half-day perks for UK staff during the summer July 11, 2024 PwC has issued a warning internally to its UK employees that it will be cutting Friday half-days perks while bonuses for some parts of the UK business will be reduced
EY chief says it’s still too early to say whether split plan can be rescued March 23, 2023 The head of EY’s US business has said it is still too early to say whether the accounting giant’s global split will go ahead in its current form or whether the plan might have to be reworked. Julie Boland told the Financial Times it would be “premature” to predict whether EY’s current plan to split [...]
London-based Neurodiversity in Business charity boss to deliver UN speech inspired by son March 8, 2024 "Now to be asked to actually give a speech is such a massive honour….. I simply can’t waste this unique opportunity so I’m going BIG and BOLD!"
Alcaraz defends Wimbledon title as Djokovic fades in final July 14, 2024 Carlos Alcaraz defended his Wimbledon title on Sunday and inflicted a worst ever SW19 defeat on Novak Djokovic at the All England Club. The Spaniard, who now has four Grand Slams, beat Serbian Djokovic 6-2 6-2 7-6 and became just the third man to win multiple Wimbledon titles before the age of 22. Alcaraz said: [...]
EY faces investigation over audit of Made.com before firm collapsed April 20, 2023 The UK’s audit watchdog has launched an investigation into EY’s audit of Made.com before the firm collapsed late last year. The online furniture business went into administration in November after rescue talks to find a buyer failed. The Financial Reporting Council announced today that it will start investigating EY’s audit of the firm’s accounts for [...]
Revealed: KPMG slashes UK bonuses as dealmaking drought hits fees May 31, 2023 KPMG has slashed the bonus pool of its UK workforce and reined in commission for salespeople as its profits falter amid a slowdown in the dealmaking environment this year, City A.M. has learned.