Carry on spending: Why experts believe the Premier League’s record breaking transfer window sprees are here to stay February 1, 2023 Premier League clubs have been tipped to continue raising the bar for spending after smashing all major records in the January transfer window. Chelsea set a new British transfer benchmark last night with the deadline-busting £107m signing of Benfica and Argentina midfielder Enzo Fernandez. The £275m spent on the final day and total £815m forked [...]
Cost of living crunch looms as retail sales continue to fall April 22, 2022 The UK’s cost of living crisis is increasingly showing signs in consumer spending habits, with retail sales volumes continuing their descent, according to the latest figures. Sale volumes shrank by 1.4 per cent in March 2022, following a fall of 0.5 per cent dip in February. However, sales volumes were 2.2 per cent above their [...]
London office completions lag due to site delays as demand for projects surges May 23, 2022 Supply chain disruption and worker shortages mean the completion of office construction projects in London has lagged. New start activity dropped by a third to 2.3m sq ft over the six months to March. Completed construction also plunged by half to 1.7m sq ft, well below a long-term average of 2.5m sq ft, as projects [...]
Big Four: KPMG set to merge UK and Swiss businesses to chase down rivals December 7, 2023 KPMG UK has begun exploratory discussions with its partners over a plan to merge its business with KPMG Switzerland.
Chief executive pay at FTSE 100 firms bounces back to pre-pandemic levels May 30, 2022 The sums paid out to chief executives at the City’s major listed firms have bounced back to pre-pandemic levels, after jumping 30 per cent over the previous year to five year highs of £3.62m. The pay packages mark a return to levels last seen before the pandemic and a 30 per cent increase on the [...]
Covid-19 will change business forever, says Deloitte chief May 22, 2020 The economic and cultural impact of the coronavirus crisis is so severe that it will change business forever, a top Deloitte executive has said. David Sproul, Deloitte’s global deputy chief executive, told City A.M. that rapid changes in working habits and use of technology since the pandemic outbreak would likely never be reversed. “I’m absolutely [...]
Docusign chief: Brexit has slowed UK dealmaking – but that’s an opportunity for us May 26, 2024 The chief executive of contract management company Docusign has said Brexit and British red tape have stifled dealmaking in the UK, making it much slower than the US.
EY plots leadership reshuffle after Big Four firm’s break-up plans scrapped May 15, 2023 EY is planning to alter the leadership team of its UK operations just weeks after it scrapped plans to break-up its audit and consulting business. The Big four accountancy firm’s UK managing partner Alison Kay, one of the top executives in Britain and a likely candidate for the role of boss, will move to a [...]
Meet the Luton-raised Italian running fan taking the top job at PwC in the UK April 25, 2024 Company veteran Marco Amitrano has been elected to succeed Kevin Ellis as head of PwC's operations in the UK.
UK firms see audit costs climb as fines and skills shortage push up auditors fees August 7, 2023 The total amount in audit fees paid by the UK’s largest 500 companies has risen by 14 per cent in the past year, according to new data. The value of audit fees paid by these firms rose from £1.12bn to £1.27bn for the 2021/22 financial year, according to new research by Thomson Reuters. It said [...]