EY hands UK tax staff lower bonuses and pay rises amid slowdown September 1, 2024 EY has reportedly cut bonuses and pay rises for thousands of its UK staff while also letting a number of partners go as the Big Four firm grapples with weaker demand for its services.
John Lewis redundancies: What does the law say about department store job cuts? August 14, 2024 More UK retail jobs are set to be lost after John Lewis revealed plans to cut its headcount by more than 150 in the coming months. The move means the department store giant becomes the latest household name to reduce its staffing numbers so far this year. John Lewis has said it hopes to achieve [...]
Here’s what it would take for Embraer to break the Boeing-Airbus duopoly April 11, 2024 The crisis engulfing Boeing is showing no signs of abating. City A.M. explores whether the Boeing-Airbus duopoly could ever be broken.
Indivior plans primary US listing in another hit to London’s flagging equity market February 22, 2024 While the firm said it would look to maintain a secondary listing in the UK, the decision to shift its primary listing marks a big change for the company.
Wealth managers have lost a fifth of customers due to this issue July 4, 2024 Wealth managers are losing a fifth of customers due to poor complaint procedures, bringing into question the state of the colossal industry, a new study has revealed.
Evening Standard to drop daily print schedule as losses bite May 29, 2024 London's Evening Standard has reportedly told staff it will now only go to print once a week, down from the five-days-a-week format the newspaper currently operates.
PWC thought about EY-style split – and thought better of it March 17, 2024 Outgoing PWC UK chairman Kevin Ellis said his decision not to split the firm paid off during the pandemic
Hays: Recruiter slump not yet over as fees and headcount continue to drop October 11, 2024 Recruiter Hays has reported yet another fall in fees as it struggles amid a sharp downturn in the market. Group net fees, a key performance indicator in the recruitment sector, fell by 14 per cent year on year in the three months to 30 September, with fees in the UK and Ireland down by 20 [...]
McKinsey paid £560,000 to consult on Public Health England axeing August 20, 2020 Management consulting giant McKinsey was paid more £500,000 by the government to advise on the formation of a new public health authority in England. Health secretary Matt Hancock announced in a speech on Tuesday that Public Health England was to be replaced with a new body called the National Institute for Health Protection. The new [...]
U-turn: British ISA dropped by Labour despite prior pledges September 4, 2024 The roll-out of a British ISA has been scrapped by the new government despite Labour insisting it had “no plans” to ditch the scheme in the run up to the election. The specialist stocks and shares ISA would have allowed savers to invest an extra £5,000 tax-free in UK equities, on top of the £20,000 [...]