Clients not class mean success in accountancy May 6, 2014 PARTNERS in the UK’s top accountancy firms are most likely to be state-educated and from working or lower middle class families who did not go to the best universities, according to new research. In contrast to large law firms where partners tend to come from privileged backgrounds, partners from the big four accountancy firms – [...]
Deloitte bets on rising growth to boost its profits August 11, 2013 PROFITS edged up at Deloitte LLP in the last year, the consultancy reported today, and the group expects the improving economy to give its fortunes a boost in the coming 12 months. Revenues increased eight per cent on the year to £2.5bn, driven by improvements in all five business divisions. The biggest gains came in [...]
Manchester United drop to third in Forbes’ world’s most valuable sports teams list July 18, 2014 They may be signing up sponsors like they're going out of fashion this week, but Manchester United have dropped one place to third in the annual Forbes list of the world's most valuable sports teams. The Premier League club have endured their worst season for over two decades, finishing seventh and missing out on a [...]
City Moves for 13 June 2014 | Who’s switching jobs June 12, 2014 Investec Asset Finance Jane Mantell has been appointed head of portfolio risk at the asset finance provider. She joins from Insight Plus, the consultancy, where she has worked since 2007. Mantell previously spent nine years with Foxreed Consulting. UBS Michael Hafner has been appointed head of oil and gas, Europe, Middle East and Africa (EMEA) [...]
City Moves for 04 June 2014 | Who’s switching jobs June 3, 2014 Akur Capital The capital markets advisory firm has announced the appointment of Siobhan Sergeant as head of corporate finance execution. She was most recently at Smith & Williamson, where she was a director in its corporate finance division. Aviva Investors Aviva Investors has appointed Susan Ebenston as chief operating officer. She joins from Westpac Group [...]
PwC wins £9m audit contract for Vodafone February 13, 2014 VODAFONE will replace auditor Deloitte after 26 years with rival PwC from April. The FTSE 100 telecoms giant made the announcement following a tender process first announced in November 2013. “We thank Deloitte for their significant contribution as Vodafone’s auditors and we look forward to working with PwC going forward,” said Vodafone audit and risk [...]
Bashful Basham is in his element June 2, 2014 AS AN ex-City spinner you’d imagine Brian Basham’s passions being along the lines of lunches at The Savoy, Bentleys and well-tailored suits (and goodness knows, they probably are) but the veteran PR has revealed a somewhat more esoteric enthusiasm over the last week – the radioactive chemical element, Thorium. Basham, who as we revealed last [...]
Gimme 5 March 16, 2014 …OF THE BEST AWARDS FOR ENTREPRENEURS Deloitte Technology Fast 50Now in its 16th year, the technology award programme is a ranking of the UK’s 50 fastest growing tech companies, based on revenue growth over the last five years. deloitte.co.uk/fast50 The EuropasThe Awards, taking place this June in London, celebrate Europe’s hottest tech startups. Former winners [...]
Businesses are ready to spend – but government can make it easier March 31, 2014 AGAINST a range of improving economic indicators, one metric has remained stubbornly sluggish: business investment. A well-balanced recovery requires a significant rise in corporate investment and a shift away from consumer-led growth. Deloitte’s most recent CFO Survey found that risk appetite is at a six-year high, while just 20 members of the FTSE 100 hold cash [...]
Financial firms to lead £200bn spending spree in the UK March 31, 2014 FINANCIAL services firms are planning to splash out on staff and offices this summer, leading the way in an investment boom that will see the UK’s biggest businesses spend £200bn by the end of next year, according to two reports. Research released this morning by Deloitte estimates that UK firms with sales of more than [...]