Social media to help Cyber Monday grow December 4, 2011 TODAY’S Cyber Monday is set to be the year’s busiest online Christmas shopping day, beating last year by 15 per cent, with retail websites expected to receive 85m hits as the festive frenzy picks up pace. Encouraged by the nearing big day and last week’s November pay packet, while leaving enough time for parcel deliveries, [...]
Asian growth boosts KPMG December 11, 2011 BIG four accountancy firm KPMG today reports a strong rise in annual revenue on the back of increased sales in emerging markets. The practice said revenue rose 10.1 per cent to $22.7bn (£14.5bn) for the year to 30 September. As well as financial services, the results were driven by member firms seeing work grow in [...]
Tough Christmas looms despite retail sales lift November 17, 2011 AGGRESSIVE price cuts led to a surprise jump in retail sales last month, yet separate data suggests that high street stores are set for a tough Christmas. Sales volumes in October were up 0.9 per cent compared the same time last year, the Office for National Statistics (ONS) revealed yesterday. The value of sales, boosted [...]
Tough Christmas looms despite retail sales lift November 17, 2011 AGGRESSIVE price cuts led to a surprise jump in retail sales last month, yet separate data suggests that high street stores are set for a tough Christmas. Sales volumes in October were up 0.9 per cent compared the same time last year, the Office for National Statistics (ONS) revealed yesterday. The value of sales, boosted [...]
Three quarters of tech firms hit by cyber criminals November 20, 2011 THREE quarters of technology, media and telecoms firms have been the subject of cyber attacks in the last year, according to new research by Deloitte – an increase of 13 per cent on 2010. A fifth of technology firms said they suffered up to 20 breaches in the last year, with experts warning the risks [...]
LAW FIRMS MAY BE REGROUPING, BUT THEY’RE ALSO GROWING December 8, 2011 LAW firms are maintaining a bullish stance on the outside, with yesterday’s quarterly Deloitte survey (see right) seeing firms forecast an average increase in fee income of 6.2 per cent for the 2011-12 financial year. But behind the scenes caution reigns. Equity locksteps are being reviewed, the intermittent trickle of redundancies is threatening to turn [...]
Vodafone catches a little Bluefish in takeover deal December 1, 2011 VODAFONE Global Enterprise, the mobile giant’s communication management business, yesterday acquired IT consultancy Bluefish Communications for an undisclosed fee. Bluefish will form the nucleus of Vodafone’s new Unified Communications and Collaborations unit, which will advise multinational companies on getting more from their telecoms services and on new technology such as cloud services. The assets being [...]
CITY MOVES | WHO’S SWITCHING JOBS January 9, 2012 Just-Eat The world’s largest online takeaway business has appointed John Hughes as chairman to replace Klaus Nyengaard, who continues as group chief executive. Hughes previously held senior positions at Thales Group, Lucent Technologies and Hewlett Packard. He is also chairman of Telecity Group and a non-executive Director of CSG Systems International. In addition, he is [...]
CITY MOVES | WHO’S SWITCHING JOBS January 9, 2012 Just-Eat The world’s largest online takeaway business has appointed John Hughes as chairman to replace Klaus Nyengaard, who continues as group chief executive. Hughes previously held senior positions at Thales Group, Lucent Technologies and Hewlett Packard. He is also chairman of Telecity Group and a non-executive Director of CSG Systems International. In addition, he is [...]
DRAFT AUDIT REFORMS: KEY POINTS November 30, 2011 ● Mandatory rotation Companies will have to change audit firm after a maximum of six years, or nine years if they employ more than one auditor. Audit firms will not be allowed to tender for the same client’s business until after a four-year “cooling-off” period when the contract ends. ● Mandatory tendering The biggest companies [...]