Siemens Gamesa finalises sale of renewable assets to SSE for €613m September 2, 2022 Siemens Gamesa has completed the sale of its South European renewables development assets to SSE in a €613m deal.
Klarna swoops in to buy collapsed rival Laybuy August 21, 2024 Buy-now pay-later (BNPL) giant Klarna has snapped up its collapsed rival Laybuy after the Kiwi fintech folded into receivership earlier this year, City A.M. has learned.
US multi-sport group interested in Hundred team despite concerns July 22, 2024 An American multi-sport ownership group has expressed interest in investing in the Hundred – but has concerns over the feasibility of buying a controlling stake in a franchise. The 100-ball competition kicks off its fourth season this afternoon at the Oval in what is set to be the final year of teams being jointly owned [...]
City accountancy firms KMPG, PwC, EY and Forvis Mazars react to audit watchdog overhaul July 17, 2024 All "welcomes" from the sector that it set to see its audit watchdog overhauled and reformed into a new regulator, which will have additional powers at its realm
KPMG invests $160m into upping salaries as Big Four face the heat in battle for talent January 26, 2022 KPMG is set to invest $160m into boosting the salaries of its 35,000 staff, as the battle for white collar talent continues to put pressure on Big Four firms. In a Linkedin post titled “investing in our people,” Paul Knopp, Chair and CEO of KPMG in the US said the “increase in salaries embodies our [...]
Do FTSE 100 bosses need more money? May 23, 2023 A debate is raging in the Square Mile over how much executives are paid - do UK firms need to pay more money to attract the best talent?
Letters: Stop paying out without result April 20, 2022 [Re: Deloitte wins £9m contract with government, April 12] Last week, Deloitte won a new £9m contract with the government, having previously won a £4.8m deal, for work on One Login – a type of digital identity system for across government services. Currently, around half of the 370 different services on gov.uk have their own [...]
PwC set to hand 25,000 junior staff a real-terms pay cut – despite FRC plea to give them more June 28, 2023 Big four firm PwC has reportedly told its junior auditors their pay is going to be frozen, amid concerns it will make the industry less attractive. According to reports in the FT, around 25,000 staff members are set to get lower pay rises, with the accountancy giant citing the challenging market conditions and pay rises’ [...]
New car market closes in on pre-pandemic levels but EV sales slow ahead of post-Brexit tariffs December 5, 2023 The new car market rose 9.5 per cent last month, marking the best November in four years and close to pre-pandemic levels.
Saudi Pro League close to overtaking Premier League by key spending metric September 6, 2023 The Saudi Pro League could overtake the Premier League as the world’s biggest spenders of the summer transfer window on Thursday.