Bain, McKinsey and BCG outgun Big Four with huge salaries and big bonuses January 28, 2022 The Big Three consulting firms – Bain, McKinsey, and Boston Consulting Group (BCG) – are now offering considerably higher salaries than the Big Four accounting firms – EY, PwC, KPMG, and Deloitte – new figures from Management Consulted show. A tight global labour market in 2021 and stiff competition among white collar firms has caused [...]
‘It can be spaghetti out there’: can Cityfibre take on BT? August 22, 2024 The UK’s altnet industry is a tangled mess of “spaghetti” – at least, that’s how the boss of Cityfibre put it earlier this year. Altnets, or alternative networks, such as Cityfibre, Gigaclear and Community Fibre, have emerged as competitors to the UK’s broadband giants Virgin Media O2 and Openreach. Despite their smaller scale, they have [...]
Staffing challenges biggest issue for hoteliers as firms introduce ‘golden hellos’ to entice new workers November 29, 2021 Hoteliers believe increasing labour costs and a shortage of staff are the most weighty challenges to be faced by the sector over the next five years. Soaring staff costs were pegged as the biggest issue for 59 per cent of hotel bosses while a shortage of skilled labour troubles 54 per cent of those surveyed [...]
UK’s audit watchdog calls on top accounting firms to boost measures against exam cheating December 21, 2022 The UK’s accounting watchdog has called on Britain’s seven largest auditors to improve the measures they have in place to prevent cheating on exams, following a series of international cheating scandals involving the world’s biggest audit firms. In a letter seen by City A.M., the UK’s Financial Reporting Council (FRC) called on the country’s top [...]
Can Mel Stride’s bootcamps address ‘urgent need’ to boost workforce? May 21, 2024 Stride admitted that moving away from migration might provide a "recruitment challenge," but argued the policy formed part of a shift towards an "economic model based on British talent".
Tilney Smith & Williamson moves to Belfast’s £85m Ewart building in vote of confidence for Northern Ireland January 31, 2022 London professional services firm Tilney Smith & Williamson is set to move its Northern Irish staff into Belfast’s newly renovated Ewart building, as it pushes forwards with plans to expand its business in Northern Ireland. The move will see the Mayfair-headquartered firm occupy the 13th floor of the 17-story tall Ewart building – a former [...]
Big Four accountancy firms capture larger share of UK legal market August 15, 2022 Major corporations are snubbing traditional law firms in increasingly going to consultancies and accounting firms for legal advice, according to new research from Thomson Reuters. The Big Four accounting firms – PwC, KPMG, EY, and Deloitte – are driving growth in the alternative legal services provider (ASLP) sector, as UK corporates increasingly turn to them [...]
Powerful principles to drive better mental health at work May 14, 2024 Given the profound human impact and phenomenal cost to businesses, it has become more important than ever for leaders to develop effective and proactive strategies to support their people.
Aussies hit pause again as global rate hike race appears over October 3, 2023 The Australian Central Bank appears to have brought to an end its aggressive rate hike cycle
Private investors gear up for £2.4bn London office spending spree February 2, 2023 Private investors and ultra-high net worth individuals are expected to snap up London office assets worth £2.4bn this year, a figure which has jumped by 60 per cent in the past 12 months. According to research published by real estate agency Knight Frank, the cash rich investment group is expected to be in a strong [...]