The accountant who sees EU rules as a chance to transform his firm October 18, 2010 For a man less than three months away from retirement, BDO’s policy board chairman – in effect, the firm’s international chairman – can’t wait to get into the issues. And to be fair, there is much for Dermot Mathias, who joined the accountancy giant 37 years ago, to discuss. What excites him most is the [...]
CITY MOVES | WHO’S SWITCHING JOBS August 12, 2010 Deloitte The accountancy firm has appointed Zahir Bokhari to lead its UK banking and capital markets audit business. Bokhari brings over 20 years of experience to the role, having provided audit, assurance and advisory services to numerous listed clients in the retail banking, inter-dealer brokers and capital markets sectors in his previous capacity as senior [...]
City office new builds at record low May 13, 2010 OFFICE development in the City has fallen to an all time low as developers lack the confidence to start new projects from scratch. No new developments have started in the City in the past six months, the first time this has happened since records began, according to the Drivers Jonas Deloitte Crane Survey. Developers remain [...]
Merger mania grips the City July 21, 2010 A SUMMER flurry of corporate activity gathered pace yesterday as SSL, the maker of Durex condoms, agreed a £2.5bn takeover offer from Reckitt Benckiser, and the owners of United Biscuits put the firm up for sale. Shares in SSL soared 33.5 per cent to £11.77 after the board recommended the FTSE 100 household goods company’s [...]
ACCOUNTS July 29, 2010 Q.I have just started a new business and want to adopt the best practices for filing my accounts. Do you have any advice? A.Each private company has to file its accounts at Companies House, the official government register of UK private companies. The deadline is nine months after the company’s financial year-end, so if that [...]
ACCOUNTS July 29, 2010 Q.I have just started a new business and want to adopt the best practices for filing my accounts. Do you have any advice? A.Each private company has to file its accounts at Companies House, the official government register of UK private companies. The deadline is nine months after the company’s financial year-end, so if that [...]
Forget south africa; the world cup is coming to bishopsgate June 8, 2010 ROYAL Bank of Scotland has clearly been keeping an ear out for all the sage words of wisdom dropping from the sky over the World Cup. The four-yearly event is one of the most sought-after corporate hospitality gigs in the calendar, but RBS, mindful of that taxpayer bailout it received during the crisis, isn’t biting. [...]
Dubai Holding hires advisers May 9, 2010 Companies from Dubai Holding, a conglomerate owned by the emirate’s ruler, have hired advisers including Deloitte, KPMG and PwC as they consider a multibillion dollar debt restructuring.
Is the age of small businesses ending? July 8, 2010 A GROWING divide is emerging between the fortunes of the UK’s large and small businesses. While UK Plc has seen strong profits and is sitting on record high cash piles, life has been harder for small businesses and entrepreneurs. According to a survey from the National Endowment for Science, Technology and the Arts (Nesta), venture [...]
CITY VIEWS: DO YOU AGREE THAT THE GOVERNMENT’S PRORITY SHOULD BE REDUCING THE DEFICIT? May 25, 2010 GABRIELLE MCADAMS | WILLIS “I agree with the majority of the cuts so far and I agree that dealing with the deficit should be one of the top priorities, but the government shouldn’t jeopardise things like health and transport.” ZADE ALRIFAI | AXA “The government’s priority should be the economy but cutting the deficit at [...]