Big Four look to hire London’s laid-off bankers to bolster their M&A teams February 6, 2023 The Big Four accounting firms – Deloitte, EY, KPMG and PwC – are seeking to hire laid-off bankers to bolster the ranks of their M&A advisory arms in the City. Top execs told City A.M. the world’s biggest professional services firms are seeking to capitalise on the downturn in big M&A deals by poaching talent [...]
The Queen of Shops: Helen Dickinson on Brexit, Labour and the changing face of retail August 5, 2024 Ali Lyon sits down with the head of the British Retail Consortium to discuss Brexit, Labour and the changing face of retail
Recruiters’ results reflect fears for jobs market October 12, 2023 Uncertainty about the economy continues to rock the jobs market as three FTSE 250-listed recruiters reported reduced fees and earnings this week. Hays gave an update today on its first quarter that ended on 30 September, showing a decline in net fees of 11 per cent in the UK, against a 7 per cent fall [...]
UK tech industry welcomes Hunt’s R&D tax relief November 22, 2023 The UK tech industry has welcomed the Chancellor's plans to create a new "simplified" research and development (R&D) tax relief scheme in his Autumn Statement on Wednesday.
London jobs market struggles to recover from impact of hybrid working February 7, 2024 "The persistence of hybrid working and slowing in many professional services sectors continue to be factors weighing on hiring demand in the capital," the report noted.
UK jobs market tension shows little sign of unwinding June 10, 2022 Tension in the UK jobs market shows little sign of unwinding as employers continue to struggle to find workers amid a shallower labour pool, reveals a closely watched survey today. Vacancies edged lower in May, indicates 71 reading on KPMG and the Recruitment and Employment Confederation’s (REC) employment index. Despite falling, the reading is far [...]
Economic gloom finally sweeps through UK jobs market November 10, 2022 UK job growth has slimmed for the first time since the 2021 Covid-19 winter lockdown, driven by employers bracing for the longest recession on record, a new survey out today unveils. For the first time since February 2021, when the country was in the late stages of the third and longest pandemic lockdown, businesses trimmed [...]
Tax cuts to be saved for spring as Hunt preps ‘dour’ autumn statement November 13, 2023 The autumn statement is unlikely to feature any big ticket tax cuts despite the UK's finances being in a better position than expected.
Unemployment up and wage growth still hot: New figures to spook Bank of England September 12, 2023 Unemployment has crept up whilst wage growth remains hot - creating problems for the Bank of England
The Big Four’s legal ventures should worry mid-tier law firms August 26, 2022 THE BIG Four’s first forays into the legal sector in the 1990s ended in abject failure. Yet over the past decade, the world’s four biggest accounting firms have captured a significant share of the UK’s market for legal services, and have increasingly begun to compete with traditional firms. Deloitte, EY, KPMG, and PwC have used [...]