WHAT ARE YOUR PREDICTIONS FOR WEDNESDAY’S BUDGET? March 21, 2010 ROGER BOOTLE | DELOITTE “The chancellor will point to the fragility of the economic recovery in resisting calls from some economists for a faster fiscal consolidation. Any modest proceeds from lower unemployment and the bonus tax windfall are likely to be largely spent rather than saved, hardening the election battle lines.” DAVID BUIK | BGC [...]
Risk rules will hurt top firms February 8, 2010 THE world’s top 100 financial firms will be forced to stump up more than $111bn (£71bn) by 2012 to cope with the onslaught of new risk and compliance regulation, according to a report by?Deloitte. Top firms spent $50bn on compliance procedures in 2006, but Basel II, Solvency II, the Companies Act and the Walker Review [...]
To understand the future of law, look back April 6, 2010 LAW firms are currently experiencing change like never before. In the last two years, many firms have seen their revenues and profits decline for the first time in over a decade. They’ve had to let go many talented lawyers, both at partner level and below. Clients who used to accept above-inflation fee increases each year [...]
There is value to be found in private equity May 19, 2010 AFTER two years in the investment wilderness listed private equity companies have emerged fresher, leaner, less debt-ridden and ripe to outperform the overall stock market, according to some analysts. Traditionally private equity houses tend to be a good play on a cyclical economic recovery. Their share prices should rise when their portfolio companies start to [...]
Deloitte cleared after report into Phoenix Four over Rover collapse September 13, 2009 DELOITTE, the accountants for failed carmaker MG Rover, got the all clear from the 850-word independent report on the collapse of the company, it emerged yesterday, despite charging the business £30.7m in fees over five years. The news clears the auditor and tax advising firm after years of speculation that it could be reprimanded, having [...]
Deloitte cleared after report into Phoenix Four over Rover collapse September 13, 2009 DELOITTE, the accountants for failed carmaker MG Rover, got the all clear from the 850-word independent report on the collapse of the company, it emerged yesterday, despite charging the business £30.7m in fees over five years. The news clears the auditor and tax advising firm after years of speculation that it could be reprimanded, having [...]
Accountants are vital for boosting economies right across the world June 16, 2010 IT’S clear we are living in unprecedented economic times. Indicators from various sources – including the latest quarterly survey of ACCA members, the largest of its kind in the world – suggest “cautious optimism”, and no more, is appropriate. In 2010, the financial services sector continues to dominate all levels of debate, from its willingness [...]
Accountants are vital for boosting economies right across the world June 16, 2010 IT’S clear we are living in unprecedented economic times. Indicators from various sources – including the latest quarterly survey of ACCA members, the largest of its kind in the world – suggest “cautious optimism”, and no more, is appropriate. In 2010, the financial services sector continues to dominate all levels of debate, from its willingness [...]
Venturing into the unknown May 6, 2010 ASKING entrepreneurs what they wanted to be when they were younger is always interesting. Did they have dreams of becoming an astronaut? A milkman? For Patrick Reeve, the founder of Albion Ventures, a venture capital firm, his first hankering was to become an archaeologist, but that idea was shelved early on in favour of business, [...]
CITY MOVES | WHO’S SWITCHING JOBS April 19, 2010 Bluefin Corporate Consulting The consulting firm, part of Bluefin Advisory Services, which is owned by Axa UK, has appointed Sean Glasgow as its new head of investments. Glasgow previously worked in a variety of roles both in the UK and internationally. He has held senior positions at soft drinks giant Coca-Cola and in the investment [...]