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.
FRC: Audit regulator’s review flags troubling performance by BDO and Mazars July 30, 2024 The Financial Reporting Council (FRC) has published its Annual Review of Audit Quality, highlighting troubling performance from audit firms BDO and Mazars
Government slashes spending on Big Four heaping extra pressure on firms December 10, 2023 The civil service has slashed the amount it spends on contracts with the Big Four by 26 per cent, new figures show.
Ethos Ventures Celebrates Milestone Achievements with Move May 15, 2024 Ethos Ventures, a new and growing Islamic and Ethical finance firm, celebrated its move into new offices in the prestigious heart of the City. The new custom-designed and trendy offices will be home to the growing team of now almost 50 employees. According to Hasan Raza, Ethos Ventures Group CEO, this move will hopefully “create [...]
City Moves: Who’s switching jobs in the Square Mile? June 10, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. BambuBlack Asia Pacific long-only equities boutique firm BambuBlack has strengthened its investment team with a fresh portfolio manager. Pinakin Patel joins the firm in London from Allianz Global Investors in Hong Kong, where he was an investment [...]
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 [...]
Grant Thornton axed from top flight of audit supervision after removing high-profile clients January 7, 2024 Accountancy firm Grant Thornton has been cut from the industry watchdog’s top tier of audit supervision after removing a number of high-profile clients.
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 [...]
Aardman co-founder steps down from board as Wallace and Gromit studio hires BBC executive March 1, 2024 The co-founder of Aardman, the animation studio behind Wallace and Gromit and Chicken Run, has stepped down from its executive board.