HSBC and Deloitte latest to pull job offers from UK grads due to new immigration rules May 15, 2024 HSBC and Deloitte have reportedly withdrawn job offers to foreign graduates of UK universities as new immigration rules bite
Labour market slowdown might be coming to an end raising questions for Bank of England May 9, 2024 The survey will give conflicting signals to the Bank of England, as policymakers mull their latest interest rate decision, due later today.
DX delivery group gets £293m bid from US private equity firm HIG September 11, 2023 Delivery company DX Group said on Monday that it has been courted with an approximately £293m offer from a US private equity giant.
PwC joins Big Four rivals in slashing UK jobs November 7, 2023 PwC has joined its Big Four rivals in launching redundancy programme, according to the Financial Times on Tuesday.
Bank of England to cut interest rates to three per cent in 2025 after inflation drops March 25, 2024 Interest rates could fall to as low as three per cent in 2025 as the Bank of England slashes the cost of borrowing in response to lower inflation.
UK banks ‘ahead of the pack’ in climate risk exposure disclosures May 5, 2022 UK banks are the most transparent in the world at disclosing their exposure to climate change risks, reveals a fresh report released today. The creation of an accounting framework that incentivises British lenders to update markets on their green credentials has led to them being “ahead of the pack,” according to consultancy KPMG. The Prudential [...]
Wettest February on record leads to poor month for retail March 5, 2024 New figures from the British Retail Consortium (BRC) showed that retail sales increased 1.1 per cent in the year to February, down from 5.2 per cent last year and below the three-month average of 1.4 per cent.
If we want change, we need to prioritise action over sensitivity October 12, 2023 Tonight a contingent of our staff will make the journey from City A.M. Towers to Canary Wharf, for KPMG’s Black Entrepreneurs Awards. It will be a heart-warming evening: 12 finalists, from startups to much bigger businesses, pitching their ideas in just three minutes to an array of judges. The winners walk home with some cash, [...]
FCA proposes simpler financial advice to cut costs for consumers December 8, 2023 The Financial Conduct Authority has proposed simplifying rules on financial advice to allow banks, insurers and investment firms to give information to less wealthy customers without having to comply with stringent safeguards that bump up fees.
UK government borrows more than expected as debt pile grows July 19, 2024 The governement borrowed more than expected during the month of June.